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Common use of Transfer Prohibited Clause in Contracts

Transfer Prohibited. The General Partner may not voluntarily resign, withdraw or transfer all or any portion of their interests as General Partner except as provided in this Section 7.5.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Royale Energy Holdings, Inc.), Limited Partnership Agreement (Royale Energy Holdings, Inc.), Limited Partnership Agreement (Royale Energy Holdings, Inc.)

Related Clauses

  • Transfer Procedure
  • Transfer Procedures
  • Gifts Prohibited
  • USES PROHIBITED
  • Transfer Provisions

Parent Clauses

  • Vesting Transfer Prohibited Delivery and Termination
  • Miscellaneous
  • Transfer of Units
  • Agreement
  • Assignment

Sub-Clauses

  • Exceptions
  • Death of a Licensee with a Spouse or Registered Domestic Partner at Time of Death
  • Transfer of License Prohibited
  • Transfer of License Between Partners in a Partnerships
  • Spouse or Registered Domestic Partner
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