TRANSFER OR PLEDGE. Without the consent of all of the general partners, (i) a general partner’s interest in the Partnership shall not be assigned, pledged, sold or otherwise transferred, in whole or in part, to any entity or person (other than another general partner), and (ii) no assignee of a general partner’s interest in the Partnership shall be admitted into the Partnership as a substitute partner.
Appears in 1 contract
Sources: Agreement of Limited Partnership (Brandywine Operating Partnership Lp /Pa)
TRANSFER OR PLEDGE. Without the consent of all of the general partners, (i) a general partner’s A Partner's interest in the Partnership shall not be assigned, pledged, sold or otherwise transferred, in whole or in part, to any entity or person (other than another general partner), and (ii) no assignee without the prior written consent of a general partner’s interest in the Partnership shall be admitted into the Partnership as a substitute partnerGeneral Partner.
Appears in 1 contract
Sources: Limited Partnership Agreement