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Common use of Additional Limited Partners Clause in Contracts

Additional Limited Partners. The General Partner shall in timely fashion amend this Agreement and, if required by the Act, the Certificate of Limited Partnership filed for record to reflect the admission pursuant to the terms of this Agreement of a Person as a Limited Partner.

Appears in 23 contracts

Sources: Agreement of Limited Partnership (Stirling Hotels & Resorts, Inc.), Contribution Agreement (Ashford Hospitality Trust Inc), Limited Partnership Agreement (Ashford Hospitality Prime, Inc.)

Related Clauses

  • Admission of Additional Limited Partners
  • Substituted Limited Partners
  • Admission of Initial Limited Partners
  • Substituted Limited Partner
  • Outside Activities of the Limited Partners

Parent Clauses

  • Issuance of Additional Units and Other Interests
  • Capital Contributions
  • Interests and Admission of Partners
  • Transfers of Partnership Interests
  • Miscellaneous

Sub-Clauses

  • CONDITIONS TO ADMISSION
  • Future Issuance of Partnership Interests
  • CERTAIN PAYMENTS AND TRANSFERS
  • NO CONSENT
  • Dissolution
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