Common use of Waiver of Repurchase Right Clause in Contracts

Waiver of Repurchase Right. The Investment Limited Partner shall have the right to irrevocably waive its right to have its Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effect. Such a waiver shall be exercised by delivery to the General Partners of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 18 contracts

Samples: Agreement of Limited Partnership (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

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Waiver of Repurchase Right. The Investment Limited Partner shall have the right to irrevocably waive its right to have its Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effect. Such a waiver shall be exercised by delivery to the General Partners Partner of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Waiver of Repurchase Right. The Any Investment Limited Partner shall have the right to irrevocably waive its their right to have its their Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effect. Such a waiver shall be exercised by delivery to the General Partners of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Waiver of Repurchase Right. The Investment Limited Partner shall have the right to irrevocably waive its right to have its Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effecteffect (the Repurchase Period). Such a waiver shall be exercised by delivery to the General Partners of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Waiver of Repurchase Right. The Each of the Special Limited Partner and the Investment Limited Partner Partners shall have the right to irrevocably waive its right to have its Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effect. Such a waiver shall be exercised by delivery to the Administrative General Partners Partner of a written notice stating that the rights being waived pursuant to any such specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Boston Capital Tax Credit Fund Iv Lp)

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Waiver of Repurchase Right. The Each of the Investment Limited Partner Partners shall have the right to irrevocably waive its right to have its Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effect. Such a waiver shall be exercised by delivery to the General Partners of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Waiver of Repurchase Right. The Investment Limited Partner Partners shall have the right to irrevocably waive its their right to have its Interest their Interests repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effecteffect (the "Repurchase Period"). Such a waiver shall be exercised by delivery to the General Partners of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Waiver of Repurchase Right. The Investment Limited Partner shall have the right to irrevocably waive its right to have its Interest repurchased pursuant to any clause or clauses of Section 5.2(a), or any portion thereof, at any time during which any of such rights shall be in effect. Such a waiver shall be exercised by delivery to the Managing General Partners Partner of a written notice stating that the rights being waived pursuant to any specified clause or clauses of Section 5.2(a), or any specified portion thereof, are thereby waived from that date forward.

Appears in 1 contract

Samples: Articles of Partnership (Boston Capital Tax Credit Fund Iv Lp)

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