UNITS; PARTNERSHIP AGREEMENT Sample Clauses

UNITS; PARTNERSHIP AGREEMENT. The General Partners will appropriately amend the Partnership Agreement to add the names of subscribers of Units whose funds have been disbursed to the Partnership as Limited Partners in the Partnership (if necessary under the Uniform Act), and the Units with respect to which such action has been taken will, when sold and paid for as described in the Prospectus and the Partnership Agreement, represent valid limited partnership interests in the Partnership, fully paid and nonassessable, and will conform to the description thereof contained in the Registration Statement and the Prospectus.