Examples of Investment Limited Partners in a sentence
This Section 13.1 shall have no application to any required repurchase of the Investment Limited Partner's Interest.
The Investment Limited Partners shall have no right to take part in the management or control of the business of the Partnership or to transact any business in the name of the Partnership.
House Requirements are also enclosed in this kit on Pages 19 & 20.
Prior to October 15 of each year, the Partnership shall send to the Investment Limited Partner an estimate of the Investment Limited Partner's share of the tax credits, profits and losses of the Partnership for Federal income tax purposes for the current fiscal year.
No provision of this Agreement which makes the Consent of the Investment Limited Partners a condition for the effectiveness of an action taken by the General Partners is intended, and no such provision shall be construed, to give the Investment Limited Partners any participation in the control of the Partnership business.
Notwithstanding the foregoing, in no event may the provisions of this Section 6.4 be invoked by any General Partner or by any other Person as a defense against or as an impediment to the ability of either the Investment Limited Partners or the Special Limited Partner to take any action hereunder.
Our agency holds a holiday raffle to raise funds for a local charity.
However, the Partnership may change to another method of cost recovery if such other method is, in the opinion of the Auditors, more advantageous to the Investment Limited Partners and the limited partners and/or holders of beneficial assignee certificates thereof.
The admission of any successor or additional General Partner shall be subject to the consent of each Agency and Lender (if required) and the Consent of the Investment Limited Partners.
In the event of a transfer of all or any part of the Interest of the Investment Limited Partners or a transfer of all or any part of an interest of a partner of the Investment Limited Partners, the Partnership shall elect, upon the request of the Investment Limited Partners, pursuant to Section 754 of the Code, to adjust the basis of the Partnership property.