Withdrawal of the Initial Limited Partner. Immediately following the execution of this Agreement, the Initial Limited Partner shall (a) receive a return of any Capital Contribution made by the Initial Limited Partner to the Partnership, (b) withdraw as the Initial Limited Partner of the Partnership, and (c) have no further right, interest or obligation of any kind whatsoever as a Partner in the Partnership.
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Samples: Exempted Limited Partnership Agreement (Broadcom Cayman L.P.), Agreement and Plan of Merger (Avago Technologies LTD), Agreement and Plan of Merger (Broadcom Corp)
Withdrawal of the Initial Limited Partner. Immediately following In accordance with the execution terms of this the Prior Agreement, upon the admission of one or more Limited Partners to the Partnership, the Initial Limited Partner shall (a) receive a return of any Capital Contribution made by the Initial Limited Partner to the Partnership, (b) withdraw as the Initial Limited Partner of the Partnership, Partnership and (cb) have no further right, interest or obligation of any kind whatsoever as a Partner in the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (North Haven Net REIT), Limited Partnership Agreement (North Haven Net REIT)
Withdrawal of the Initial Limited Partner. Immediately following the consummation of the Unit Merger and the execution of this Agreement, the Initial Limited Partner shall (a) receive a return of any Capital Contribution made by the Initial Limited Partner to the Partnership, (b) withdraw as the Initial Limited Partner of the Partnership, and (c) have no further right, interest or obligation of any kind whatsoever as a Partner in the Partnership.
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