Assigning Limited Partner definition
Assigning Limited Partner means a Limited Partner who has assigned a beneficial interest in 70 that Partner’s limited partnership interest but the Assignee of which has not become a “Substi- tuted Limited Partner”. 72
Examples of Assigning Limited Partner in a sentence
In such case, the Assigning Limited Partner and the Assignee shall be deemed to have tendered irrevocably to the General Partner a Notice of Redemption with respect to all of the Limited Partnership Interest assigned.
Any Limited Partner so assigning all or part of his Interest is hereinafter called the "Assigning Limited Partner".