Common use of Transfer of Interests of Limited Partners Clause in Contracts

Transfer of Interests of Limited Partners. (a) No Transfer of any Limited Partner’s interest in the Partnership, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner in its discretion. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfied.

Transfer of Interests of Limited Partners. (a) No Transfer of any Limited Partner’s interest in the Partnership, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner. Notwithstanding the foregoing, any Limited Partner may Transfer to any Related Party of such Limited Partner all or part of such Limited Partner’s interest in the Partnership (including his or its discretionright to receive distributions of Operating Profit); provided that the Transfer has been previously approved in writing by the General Partner, such approval not to be unreasonably withheld. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfied.

Transfer of Interests of Limited Partners. (a) No Transfer of all or any part of any Limited Partner’s interest in the PartnershipPartner Interest, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless effective without the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner in its discretion. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfiedPartner.

Transfer of Interests of Limited Partners. (a) No Transfer of any Limited Partner’s interest in the Partnership, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner in its discretion. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfied.

Transfer of Interests of Limited Partners. (a) No Transfer of any Limited Partner’s interest in the Partnership, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner in its discretionPartner. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfied.

Transfer of Interests of Limited Partners. (a) No Transfer of any Limited Partner’s interest in the Partnership, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner in its discretionPartner. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfied.

Transfer of Interests of Limited Partners. (a) Subject to compliance with the other provisions of this Section 6.3, a Limited Partner may assign to any other Partner or to any Related Party of such Partner all or any portion of such Limited Partner's rights to share in and receive allocations and distributions associated with such Limited Partner's FC Shares. No other Transfer of any Limited Partner’s 's interest in the Partnership, whether voluntary or involuntary, shall be valid or effective, and no transferee shall become a substituted Limited Partner, unless the prior written consent of the General Partner has been obtained, which consent may be given or withheld by the General Partner in its discretionPartner. In the event of any Transfer, all of the conditions of the remainder of this Section 6.3 must also be satisfied.