Succession to Capital Accounts. In the event any Person becomes a Substitute Partner in accordance with the provisions of this Agreement, such Substitute Partner shall succeed to the Capital Account of the former Partner to the extent such Capital Account relates to the Transferred Units (as determined by the General Partner).
Appears in 8 contracts
Samples: Limited Partnership Agreement (TPG Inc.), Limited Partnership Agreement (TPG Gp A, LLC), Limited Partnership Agreement (TPG Inc.)
Succession to Capital Accounts. In the event If any Person becomes is admitted as a Substitute substituted Partner in accordance with the provisions of this AgreementArticle XI, such Substitute substituted Partner shall succeed to the Capital Account of the former transferor Partner to the extent such Capital Account relates to the Transferred Units transferred interest in the Partnership (as determined by the General Partneror portion thereof).
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (J.Jill, Inc.)
Succession to Capital Accounts. In the event any Person becomes a Substitute Partner in accordance with the provisions terms and conditions of this Agreement, such Substitute Partner shall succeed to the Capital Account of the former Partner (in such capacity, the “Transferor Partner”) to the extent such Capital Account relates to the Transferred Units (as determined by the General Partner)Units.
Appears in 1 contract
Samples: Limited Partnership Agreement (Galaxy Digital Holdings Ltd.)
