Common use of Voluntary Transfers of Limited Partner Interests Clause in Contracts

Voluntary Transfers of Limited Partner Interests. (a) If any Limited Partner (“Transferor L.P.”) receives a bona fide written offer that the Transferor L.P. desires to accept (“Transferee Offer”) from any person (“Transferee”)to purchase any portion of the Transferor L.P.’s Limited Partner interests (“Transferor Interest”), then prior to any intended transfer of the Transferor Interest, the Transferor L.P. will give the other Partners and the Partnership written notice of such intent, including the proposed Transferee’s identity and a true and complete copy of the Transferee Offer (“Transfer Notice”). The Partnership and the other Partners shall have the right for 60 days following receipt of the Transfer Notice (the “Offer Period”) to purchase the Transferor Interest (i) at a price equal to the lower of the Transferor Interest’s Fair Market Value as defined below or the price in the Transferee Offer and (ii) at the other terms and conditions set forth in the Transferee Offer.

Voluntary Transfers of Limited Partner Interests. (a) If any Limited Partner (“Transferor L.P.”) receives a bona fide written offer that the Transferor L.P. desires to accept (“Transferee Offer”) from any person (“Transferee”)to Transferee”) to purchase any portion of the Transferor L.P.’s Limited Partner interests (“Transferor Interest”), then prior to any intended transfer of the Transferor Interest, the Transferor L.P. will give the other Partners and the Partnership written notice of such intent, including the proposed Transferee’s identity and a true and complete copy of the Transferee Offer (“Transfer Notice”). The Partnership and the other Partners shall have the right for 60 days following receipt of the Transfer Notice (the “Offer Period”) to purchase the Transferor Interest (i) at a price equal to the lower of the Transferor Interest’s Fair Market Value as defined below or the price in the Transferee Offer and (ii) at the other terms and conditions set forth in the Transferee Offer.

Voluntary Transfers of Limited Partner Interests. (a10.4(a) If any Limited Partner (“"Transferor L.P.”") receives a bona fide written offer that the Transferor L.P. desires to accept (“"Transferee Offer”") from any person anyperson (“Transferee”)to "Transferee") to purchase any portion of the Transferor L.P.’s 's Limited Partner interests (“"Transferor Interest”"), then prior to any intended transfer of the Transferor Interest, the Transferor L.P. will give the other Partners and the Partnership written notice of such intent, including the proposed Transferee’s 's identity and a true and complete copy of the Transferee Offer (“"Transfer Notice”"). The Partnership and the other Partners shall have the right for 60 days following receipt of the Transfer Notice (the “"Offer Period”") to purchase the Transferor Interest (i) at a price equal to the lower of the Transferor Interest’s 's Fair Market Value as defined below or the price in the Transferee Offer and (ii) at the other terms and conditions set forth in the Transferee Offer.

Voluntary Transfers of Limited Partner Interests. (a10.4(a) If any Limited Partner (“"Transferor L.P.”") receives a bona fide written offer that the Transferor L.P. desires to accept (“"Transferee Offer”") from any person (“Transferee”)to "Transferee") to purchase any portion of the Transferor L.P.’s 's Limited Partner interests (“"Transferor Interest”"), then prior to any intended transfer of the Transferor Interest, the Transferor L.P. will give the other Partners and the Partnership written notice of such intent, including the proposed Transferee’s 's identity and a true and complete copy of the Transferee Offer (“"Transfer Notice”"). The Partnership and the other Partners shall have the right for 60 days following receipt of the Transfer Notice (the “"Offer Period”") to purchase the Transferor Interest (i) at a price equal to the lower of the Transferor Interest’s 's Fair Market Value as defined below or the price in the Transferee Offer and (ii) at the other terms and conditions set forth in the Transferee Offer.

Voluntary Transfers of Limited Partner Interests. (a10.4(a) If any Limited Partner (“Transferor L.P.”) receives a bona fide written offer that the Transferor L.P. desires to accept (“Transferee Offer”) from any person (“Transferee”)to Transferee”) to purchase any portion of the Transferor L.P.’s Limited Partner interests (“Transferor Interest”), then prior to any intended transfer of the Transferor Interest, the Transferor L.P. will give the other Partners and the Partnership written notice of such intent, including the proposed Transferee’s identity and a true and complete copy of the Transferee Offer (“Transfer Notice”). The Partnership and the other Partners shall have the right for 60 days following receipt of the Transfer Notice (the “Offer Period”) to purchase the Transferor Interest (i) at a price equal to the lower of the Transferor Interest’s Fair Market Value as defined below or the price in the Transferee Offer and (ii) at the other terms and conditions set forth in the Transferee Offer.

Voluntary Transfers of Limited Partner Interests. (a10.4(a) If any Limited Partner (“Transferor L.P.”) receives a bona fide written offer that the Transferor L.P. desires to accept (“Transferee Offer”) from any person anyperson (“Transferee”)to Transferee”) to purchase any portion of the Transferor L.P.’s Limited Partner interests (“Transferor Interest”), then prior to any intended transfer of the Transferor Interest, the Transferor L.P. will give the other Partners and the Partnership written notice of such intent, including the proposed Transferee’s identity and a true and complete copy of the Transferee Offer (“Transfer Notice”). The Partnership and the other Partners shall have the right for 60 days following receipt of the Transfer Notice (the “Offer Period”) to purchase the Transferor Interest (i) at a price equal to the lower of the Transferor Interest’s Fair Market Value as defined below or the price in the Transferee Offer and (ii) at the other terms and conditions set forth in the Transferee Offer.