Common use of Unrestricted Transfers Clause in Contracts

Unrestricted Transfers. Notwithstanding anything to the contrary contained herein, each Partner or Authorized Transferee of such Partner shall be entitled to Transfer all or any portion of his, her or its Partnership Interests to any Authorized Transferee of such Partner and such Transfer to any such Authorized Transferee shall not need to comply with any other provision of this Agreement. Any Partner who elects to transfer a Partnership Interest to any such Authorized Transferee pursuant to this Section 7.3 shall prior to such Transfer provide written notice to the Managing Partner of such Transfer.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Rankin Alfred M Et Al, Nacco Industries Inc

AutoNDA by SimpleDocs

Unrestricted Transfers. Notwithstanding anything to the contrary contained hereinherein (except Sections 5.2(d), 8.1 and 8.2, which will apply to any Transfer of Partnership Interests), each Partner or Authorized Transferee of such Partner shall be entitled to Transfer all or any portion of his, her or its Partnership Interests to any Authorized Transferee of such Partner and such Transfer to any such Authorized Transferee shall not need to comply with any other provision of this Agreement. Any Partner who elects to transfer a Partnership Interest to any such Authorized Transferee pursuant to this Section 7.3 8.3 shall prior to such Transfer provide written notice to the Managing Partner General Partners of such Transfer.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.