Common use of Assignee Status Clause in Contracts

Assignee Status. Unless admitted as a Partner in accordance with the provisions of this Agreement, the transferee of all or any portion of a Partner’s interest in the Partnership shall not be a Partner, but instead shall be an Assignee subject to the provisions of Section 7.7.

Appears in 6 contracts

Sources: Limited Partnership Agreement (Blockstack Inc.), Limited Partnership Agreement (Blockstack Inc.), Limited Partnership Agreement (Blockstack Inc.)