Common use of Transfer of General Partner Interest Clause in Contracts

Transfer of General Partner Interest. Subject to Sections 7.11 and 7.16, the General Partner may, without the approval of the Limited Partners transfer all, but not less than all, of the General Partner’s Partnership Interests: (a) to a Subsidiary of the General Partner; (b) in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all of the General Partner’s assets, provided, that in all cases, the transferee assumes the rights and duties of the General Partner and agrees to be bound by the provisions of this Agreement.

Transfer of General Partner Interest. Subject to Sections 7.11 and 7.16Section 7.18, the General Partner may, without the approval of the Limited Partners (but with the prior approval of the Conflicts Committee) transfer all, but not less than all, of the General Partner’s Partnership Interests: (a) to a Subsidiary of the General Partner; (b) in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all of the General Partner’s assets, providedprovided that, that in all cases, the transferee assumes the rights and duties of the General Partner and agrees to be bound by the provisions of this Agreement.

Transfer of General Partner Interest. Subject to Sections 7.11 and 7.16, the The General Partner may, without the approval of the Limited Partners may transfer all, but not less than all, of its general partner interest in the General Partner’s Partnership Interests: (a) to a Subsidiary without the approval of the General Partner; (b) Limited Partners to an Affiliate provided that such transferee satisfies the requirements set forth in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all of the General Partner’s assets, provided, that in all cases, the transferee Section 7.17 and assumes the rights and duties of the General Partner and agrees to be bound by the provisions of this Agreement.

Transfer of General Partner Interest. Subject to Sections 7.11 Section 7.18 and 7.16Section 11.1, the General Partner may, without the approval of the Limited Partners (but with prior Special Approval) transfer all, but not less than all, of the General Partner’s Partnership Interests: (a) to a Subsidiary of the General Partner; (b) in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all of the General Partner’s assets, providedprovided that, that in all cases, the transferee assumes the rights and duties of the General Partner and agrees to be bound by the provisions of this Agreement.

Transfer of General Partner Interest. Subject to Sections 7.11 Section 7.17 and 7.16Section 11.1, the General Partner may, without the approval of the Limited Partners (but with prior Special Approval) transfer all, but not less than all, of the General Partner’s Partnership Interests: (a) to a Subsidiary of the General Partner; (b) in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all of the General Partner’s assets, providedprovided that, that in all cases, the transferee assumes the rights and duties of the General Partner and agrees to be bound by the provisions of this Agreement.

Transfer of General Partner Interest. Subject to Sections 7.11 Section 7.18 and 7.16Section 11.1, the General Partner may, without the approval of the Limited Partners (but with prior Special Approval) transfer all, but not less than all, of the General Partner’s Partnership Interests: (a) to a Subsidiary of the General Partner; (b) in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all of the General Partner’s assets, providedprovided that, that in all cases, the transferee assumes the rights and duties of the General Partner and agrees to be bound by the provisions of this Agreement.. ​

Transfer of General Partner Interest. Subject to Sections 7.11 and 7.16, The General Partner may transfer all or any part of its general partner interests in the Partnership without unitholder approval. No transfer by the General Partner may, without the approval of the Limited Partners transfer all, but not less than all, of the General Partner’s Partnership Interests: (a) to a Subsidiary of the General Partner; (b) in connection with the General Partner’s merger or amalgamation with or into another entity; or (c) to the purchaser of all or substantially all any part of the General Partner’s assets, provided, that in all cases, its general partner interest is permitted unless (1) the transferee assumes agrees to assume the rights and duties of the General Partner and be bound the amended and restated partnership agreement, (2) the Partnership receives an opinion of counsel regarding limited liability and tax matters, and (3) such transferee agrees to be bound by purchase all of the provisions partnership interest of this Agreement.the General Partner as the general partner of the Partnership, Not applicable. 106