Common use of Transfers to Affiliates Clause in Contracts

Transfers to Affiliates. Notwithstanding the provisions of Section 7.1, a Partner may, without the consent of the other Partner, Transfer all or a portion of its Interest to an Affiliate of such Partner, so long as such Affiliate is admitted to the Partnership as a Partner pursuant to Section 7.3, and provided further that such Affiliate is not a Benefit Plan Investor.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Limited Partnership Agreement (Usaa Acceptance LLC), Limited Partnership Agreement (Fifth Third Holdings Funding, LLC)

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Transfers to Affiliates. Notwithstanding the provisions of Section 7.1, a Partner may, without the consent of the other Partner, Transfer all or a portion of its Interest to an Affiliate of such Partner, so long as such Affiliate is admitted to the Partnership as a Partner pursuant to Section 7.3, and provided further that such Affiliate is not a Benefit Plan Investor.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Dell Inc), Agreement of Limited Partnership (Dell Inc), Restated Agreement of Limited Partnership (Dell Inc)

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