Common use of Transfers of Limited Partners Interest in the Partnership Clause in Contracts

Transfers of Limited Partners Interest in the Partnership. Section 12.1 Assignment of Limited Partner's Interest. Except assignments to the Southern California Bank to secure capital contribution loans, the Limited Partner and Special Limited Partner shall not have the right to assign all or any part of their respective Interests to any other Person, whether or not a Partner, except upon satisfaction of each of the following:

Appears in 3 contracts

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

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Transfers of Limited Partners Interest in the Partnership. Section 12.1 Assignment of Limited Partner's Interest. Except assignments to the National Bank of Southern California Bank to secure capital contribution loans, the Limited Partner and Special Limited Partner shall not have the right to assign all or any part of their respective Interests to any other Person, whether or not a Partner, except upon satisfaction of each of the following:

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

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Transfers of Limited Partners Interest in the Partnership. Section 12.1 Assignment of Limited Partner's Interest. Except assignments to the Southern California US Bank to secure capital contribution loans, the Limited Partner and Special Limited Partner shall not have the right to assign all or any part of their respective Interests to any other Person, whether or not a Partner, except upon satisfaction of each of the following:

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

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