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Common use of Elimination or Modification of Restrictions Clause in Contracts

Elimination or Modification of Restrictions. Notwithstanding any of the foregoing provisions of this Article XVII, the General Partners shall amend this Agreement to eliminate or modify any restriction on substitution or assignment at such time as the restriction is no longer necessary.

Appears in 3 contracts

Sources: Agreement of Limited Partnership (Behringer Harvard Mid Term Value Enhancement Fund I Lp), Limited Partnership Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Agreement of Limited Partnership (Behringer Harvard Short Term Opportunity Fund I Lp)

Related Clauses

  • Termination of Restrictions
  • Release of Restrictions
  • Notification of Restrictions
  • Expiration of Restrictions and Risk of Forfeiture
  • Age Restrictions

Parent Clauses

  • Restriction on Transfer and Ownership of Units
  • Restriction on Transfer and Ownership of Shares
  • Transfer of Interests of Managers and Members
  • Withholding
  • Officers

Sub-Clauses

  • Representation of Company
  • Tender Offers
  • Manner of Giving Notice
  • Record Date for Member Notice, Voting and Giving Consents
  • Meetings
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