Common use of Admission of Additional General Partner Clause in Contracts

Admission of Additional General Partner. With the approval of a Majority Interest and a Majority of Minority Interest, any Person may be admitted as a general partner, effective upon the filing with the Secretary of State of the State of Delaware of an amendment to the Certificate of Limited Partnership to reflect the admission of the new approved partner as a general partner. No such approval shall be required to admit as a general partner any Affiliate of the General Partner. Notwithstanding any provision of this Section 11.3, a successor General Partner shall be admitted to the Partnership upon the approvals required by Sections 13.1, 14.1 or 14.2.

Admission of Additional General Partner. With the approval of a Majority Interest and a Majority of Minority Interest, any Person may be admitted as a general partner, effective upon the filing with the Secretary of State of the State of Delaware of an amendment to the Certificate of Limited Partnership to reflect the admission of the new approved partner as a general partner. No such approval shall be required to admit as a general partner any Affiliate of the a General Partner. Notwithstanding any provision of this Section 11.3, a successor General Partner shall be admitted to the Partnership upon the approvals required by Sections 13.1, 14.1 or 14.2.