Transfers by the General Partner. The General Partner shall not transfer its Interest as General Partner without the prior consent of the Limited Partner, which consent may be granted or withheld in the Limited Partners's sole discretion.
Appears in 2 contracts
Samples: Agreement (Gainsco Inc), Gainsco Inc
Transfers by the General Partner. The General Partner shall not transfer -------------------------------- Transfer its Interest as General Partner interest in the Partnership in violation of applicable law or without the prior written consent of the Limited Partner, which consent may be granted or withheld in all the Limited Partners; provided, -------- however, that the General Partner shall not be required to obtain such consent ------- for a Transfer which consists solely of an assignment of all or a portion of the General Partner's sole discretioninterest in the allocations and distributions of the Partnership.
Appears in 2 contracts
Samples: Partnership Agreement (Hollywood Park Fall Operating Co), Agreement (Hollywood Park Inc/New/)
Transfers by the General Partner. The General Partner shall not transfer Transfer its Interest as General Partner interest in the Partnership in violation of applicable law or without the prior written consent of the Limited Partner, which consent may be granted or withheld in all the Limited Partners's sole discretion; provided, however, that the General Partner shall not be required to obtain such consent for a Transfer which consists solely of an assignment of all or a portion of the General Partner’s interest in the allocations and distributions of the Partnership.
Appears in 1 contract
Transfers by the General Partner. The General Partner shall not transfer -------------------------------- its Interest as General Partner interest in the Partnership in violation of applicable law or without the prior written consent of the Limited Partner, which consent may be granted or withheld in all the Limited Partners; provided, however, -------- ------- that the General Partner shall not be required to obtain such consent for a Transfer which consists solely of an assignment of all or a portion of the General Partner's sole discretioninterest in the allocations and distributions of the Partnership.
Appears in 1 contract
Samples: Partnership Agreement (Switzerland County Development Corp)