Common use of Transfers of Partnership Interests Clause in Contracts

Transfers of Partnership Interests. Upon the transfer by any Partner of any part or all of its Partnership Interest in accordance with the terms of this Agreement, the proportionate amount of its respective Capital Account shall be transferred to the transferee.

Transfers of Partnership Interests. Upon the transfer by any Partner of any part or all of its Partnership Interest in accordance with the terms of this AgreementInterest, the proportionate amount of its respective Capital Account shall be transferred to the transfereetransferee unless otherwise agreed by the Partners as set forth on Exhibit A to this Partnership Agreement.

Transfers of Partnership Interests. Upon the transfer by any Partner of any part or all of its his or her Partnership Interest in accordance with the terms of this Agreementas hereinafter provided, the proportionate amount of its his or her respective Capital Account capital account shall be transferred to the transferee.