Common use of Withdrawal of Partners Clause in Contracts

Withdrawal of Partners. A Partner in the Partnership may not withdraw from the Partnership prior to its dissolution. For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 13 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Amended and Restated Agreement of Exempted Limited Partnership (Apollo Global Management LLC)

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Withdrawal of Partners. A Partner in the Partnership may not withdraw from the Partnership without the prior to its dissolutionconsent of the General Partner. For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 2 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Asset Management, Inc.)

Withdrawal of Partners. A Partner in the Partnership may not voluntarily withdraw from the Partnership prior to its dissolutiondissolution unless so required by the General Partner pursuant to Section 7.2(a)(i)(B). For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 2 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Agreement of Exempted Limited Partnership (Apollo Global Management, Inc.)

Withdrawal of Partners. A Partner in the Partnership may not withdraw from the Partnership prior to its dissolutionwinding up. For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 1 contract

Samples: Agreement of Exempted Limited Partnership (Apollo Global Management, Inc.)

Withdrawal of Partners. A Partner in the Partnership may not voluntarily withdraw from the Partnership prior to its dissolutiondissolution unless so required by the General Partner pursuant to Section 7.2(a)(i)(B). For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited 702100.0030.0004 4843-4627-7593 v5 Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 1 contract

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.)

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Withdrawal of Partners. A Partner in the Partnership may not withdraw from the Partnership prior to its dissolutiondissolution unless so required by the General Partner pursuant to Section 7.2(a)(i)(B). For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Apollo Global Management LLC)

Withdrawal of Partners. A Limited Partner in the Partnership may not withdraw from the Partnership prior to its dissolutiondissolution without the prior written consent of the General Partner, which consent may be withheld at the absolute discretion of the General Partner. For the avoidance of doubt, any Limited Partner who transfers Transfers to a Related Party such Limited Partner’s entire remaining entitlement to allocations and distributions shall remain a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 1 contract

Samples: Amended and Restated Agreement of Exempted Limited Partnership (Ares Management Lp)

Withdrawal of Partners. A Partner in the Partnership may not withdraw from the Partnership prior to its dissolution. For the avoidance of doubt, any Limited Partner who transfers to a Related Party such Limited Partner’s 's entire remaining entitlement to allocations and distributions shall remain remain 24 a Limited Partner, notwithstanding the admission of the transferee Related Party as a Limited Partner, for as long as the transferee Related Party remains a Limited Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Apollo Global Management LLC)

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