Withholding of Distributions. From the date of the receipt of any instrument relating to the transfer of a Partnership Interest, or at any time the General Partner is in doubt as to the person entitled to receive distributions in respect of any such Partnership Interest, the General Partner may withhold any such distributions until the transfer is completed or abandoned or any dispute is resolved.
Appears in 4 contracts
Samples: Agreement of Limited Partnership (HF Enterprises Inc.), Agreement of Limited Partnership (SeD Intelligent Home Inc.), Agreement (American Homestar Corp)
Withholding of Distributions. From the date of the receipt of any instrument relating to the transfer of a Partnership Interest, Interest or at any time the General Partner is in doubt as to the person entitled to receive distributions in respect of any such Partnership Interest, the General Partner may withhold any such distributions until the transfer is completed or abandoned or any the dispute is resolved.
Appears in 2 contracts
Samples: Partnership Agreement (Sea Mar Management Inc), Agreement (Sea Mar Management Inc)
