Withdrawal of the General Partner. The General Partner may not withdraw from the Partnership without the written consent of the Limited Partner. The interest of the withdrawing General Partner may, at the option of the Limited Partner, be converted into a limited partner interest without any reduction in such interest (subject to proportionate dilution by reason of admission of its successor).
Appears in 5 contracts
Samples: Agreement of Limited Partnership (MBOW Four Star, L.L.C.), Limited Partnership Agreement (Capmark Finance Inc.), Limited Partnership Agreement (LeBus Oil Field Service Co.)
