Example ContractsClausesAdditional Limited Partner
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Limited Partner. The Limited Partners hereunder and any such persons admitted to the Partnership as substituted Limited Partners.

Limited Partner Percentage. In respect of any Limited Partner the percentage obtained by converting to a percentage the fraction having the Initial Capital Contribution of such Limited Partner as its numerator and having the Limited Partners’ Capital as its denominator.

Substitute Limited Partner. A person admitted to all of the rights of a Limited Partner who has died or assigned his interest in the Partnership, or in the case of a Limited Partner that is a partnership, joint venture, association, corporation or trust, that has been dissolved or assigned its interest in the Partnership.

Substitute Limited Partner. A Limited Partner or the transferee of a Limited Partner may transfer all, but not a part of his Unit(s) to a Substitute Limited Partner provided:

Limited Partner” means, unless the context otherwise requires, each Initial Limited Partner, each additional Person that becomes a Limited Partner pursuant to the terms of this Agreement and any Departing General Partner upon the change of its status from General Partner to Limited Partner pursuant to [Section 11.3], in each case, in such Person’s capacity as a limited partner of the Partnership.

General Partner. The General Partner is or any successor general partner as provided herein.

General Partner. The General Partner shall contribute to the Partnership cash in an amount equal to one percent (1%) of the total Initial Contributions of the Partners and other property as set opposite its name on the signature page attached to this Agreement.

Admission of Additional Limited Partners. No additional Limited Partners shall be admitted to the Partnership; provided however, that the General Partner may admit Substitute Limited Partners at any time pursuant to [Article IX].

Neither the General Partner nor any Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Other than as expressly set forth in this [Article III], no Limited Partner shall be required or permitted to make any Additional Capital Contributions, Partner’s Loans, or other contributions, loans or advances to the Partnership; however, the General Partner may make, in its sole discretion, Additional Capital Contributions, Loans, or advances to the Partnership.

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