Common use of General Restriction Clause in Contracts

General Restriction. A General Partner shall not transfer all or any part of his interest in the Partnership without obtaining the consent of Limited Partners owning a majority of the Units held by Limited Partners.

Appears in 11 contracts

Sources: Partnership Agreement (Miller Lloyd I Iii), Partnership Agreement (Synergy Brands Inc), Partnership Agreement (Anacomp Inc)

General Restriction. A General Partner shall not transfer ------------------- all or any part of his interest in the Partnership without obtaining the consent of Limited Partners owning a majority of the Units held by Limited Partners.

Appears in 2 contracts

Sources: Partnership Agreement (Aldila Inc), Partnership Agreement (Aldila Inc)