Examples of Special Partners in a sentence
The Partners may be General Partners, Limited Partners or Special Partners.
The Limited Partners and Special Partners shall not participate in the management or control of the Partnership's business nor shall they transact any business for the Partnership nor shall they have the power to sign for or bind the Partnership, said powers being vested solely and exclusively in the General Partner.
The General Partner may, pursuant to this Article XV, (a) admit as a substituted Limited Partner or Special Partner any successor in interest to a Limited Partner or Special Partner either deceased or under legal disability, and (b) admit as substituted Limited Partners or Special Partners assignees of Limited Partners or Special Partners.
The Limited Partners and Special Partners shall not be bound by, or be personally liable for, the expenses, liabilities or obligations of the Partnership, except to the extent of their Capital Accounts.
The General Partner as of the date hereof is BTAS Associates L.L.C. and the Limited Partners as of the date hereof are those persons shown as Limited Partners in the books and records of the Partnership and the Special Partners as of the date hereof are those persons shown as Special Partners in the books and records of the Partnership as of the date hereof.
The General Partners on the date hereof are the Cayman GP and the Delaware GP, subject to the provisions of Section 3.4. The Limited Partners and Special Partners shall be as shown in the books and records of the Partnership which shall be maintained in accordance with the Partnership Act.
In particular, the Partnership is registered as an exempted limited partnership pursuant to the Partnership Act, and the rights, duties and liabilities of the General Partners, Limited Partners and the Special Partners shall be as provided therein, except as herein otherwise expressly provided.
The General Partner as of the date hereof is Blackstone Holdings III L.P. and the Limited Partners as of the date hereof are those persons shown as Limited Partners in the books and records of the Partnership, and the Special Partners as of the date hereof are persons shown as Special Partners on the signature pages hereof.
Xxxxxx Title: Chief Legal Officer and Secretary LIMITED PARTNERS AND SPECIAL PARTNERS All Limited Partners and Special Partners now and hereafter admitted pursuant to powers of attorney now and hereafter granted to Blackstone Holdings III X.X. Xxxxxxxxxx Holdings III, L.P. By: Blackstone Holdings III GP L.P., its General Partner By: Blackstone Holdings III GP Management L.L.C., its General Partner By: /s/ Xxxx X.
Except as described herein and in the Act, Limited Partners and Special Partners have no liability in excess of their obligation to make contributions to the Partnership and their share of the Partnership's assets and undistributed profits.