Common use of Transfer or Sale of Limited Partner Interests Clause in Contracts

Transfer or Sale of Limited Partner Interests. (a) Except (i) as permitted by this ARTICLE 9 or ARTICLE 10 or (ii) in accordance with Sections 10.2 and 10.3 of the Holdings LLC Agreement, commencing as of the Effective Time, no Limited Partner may Transfer all or any portion of its limited Partnership Interest to any Person. Notwithstanding the foregoing:

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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Transfer or Sale of Limited Partner Interests. (a) Except (i) as permitted by the further provisions of this ARTICLE 9 or ARTICLE Section 9.2, (ii) as permitted by Section 9.3, (iii) as required by Section 9.4, (iv) in accordance with Article 10 or (iiv) in accordance with Sections 10.2 and 10.3 of the Holdings LLC Agreement, at all times subject to Section 9.1, commencing as of the Effective Time, no Limited Partner may Transfer all or any portion of its limited partner Partnership Interest to any Person. Notwithstanding the foregoing:.

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

Transfer or Sale of Limited Partner Interests. (a) Except (i) as permitted by the further provisions of this ARTICLE 9 or ARTICLE Section 9.2, (ii) as permitted by Section 9.3, (iii) as required by Section 9.4, (iv) in accordance with Article 10 or (iiv) in accordance with Sections 10.1 and 10.2 and 10.3 of the Holdings LLC Agreement, at all times subject to Section 9.1, commencing as of the Effective Time, no Limited Partner may Transfer all or any portion of its limited partner Partnership Interest to any Person. Notwithstanding the foregoing:.

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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Transfer or Sale of Limited Partner Interests. (a) Except (i) as permitted by the further provisions of this ARTICLE 9 or ARTICLE Section 9.2, (ii) as permitted by Section 9.3, (iii) as permitted by Section 9.4, (iv) in accordance with Article 10 or (iiv) in accordance with Sections 10.2 and 10.3 of the Holdings LLC Agreement, at all times subject to Section 9.1, commencing as of the Effective Time, no Limited Partner may Transfer all or any portion of its limited Partnership Interest to any Person. Notwithstanding the foregoing:.

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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