Common use of Transfers by the General Partner Clause in Contracts

Transfers by the General Partner. A. The General Partner may Transfer all or any part of its Partnership Interest or withdraw as General Partner, in its sole discretion and without the consent of any Limited Partners; provided that the General Partner may withdraw as general partner only in connection with a Transfer of its Partnership Interest and immediately following the admission of a successor General Partner, as general partner, in accordance with this Article IX.

Transfers by the General Partner. A. The General Partner may Transfer all or any part of its Partnership Interest or withdraw as General Partner, in its sole discretion and without the consent of any Limited PartnersPartners or the Special General Partner; provided that the General Partner may withdraw as general partner only in connection with a Transfer of its Partnership Interest and immediately following the admission of a successor General Partner, as general partner, in accordance with this Article IX.