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HomeMy WebLinkAbout1873 ~ • , • -attorney c~ranted b~? the assignor shall survive the delivery of such assiqnment for the purpose o~ enabling the General , ~ P~rtner, or any on= of ther~, to e.cecute, acknowledqe and file any znd all certificates and/or other instruments necessary to eff ~ctuate the substitution of such assiqnee as a Li.~ited P~rtz~r. ~ 21. Ef~ective Trans€er ot Lir.lited Partnership . Interests. - ~ - • ~ In the event of any fragmentation of the ~ . Li.mited P~tnership interes~, the holders of a majority in ~ amount of said Lir..i ~ed Partnership i.nterest shall have the ~ right to exercis~ a~ny right of election or privilege'h~Id - by the oriyizal Limited Partner th~re~o. - ~ ~ 2?. ~ Invest^Ynt R~~r~ser_tat~ on. _ ~ Each of the I.i.r.~ited Partners hereby rep- resents tr~at he ?s ac?uirinq a Partnership interest here- . under ior inv2s~.,-;ien~ purposes only and not with a view ~ . .to a fur~:~~r resale thereof, in whole or in part, or to - the distr ~ bs~ion t;~~reof . Ths ~eneral Part.ner nay require ; any transf~re~ fro:~ a L~~niie3 Pa,rtnzr to execute a similar ' investm~~L Lndertaking o~ to aczcno~~ledge in ~~riting that i . i - ~ it is bour.d by the provisio:~s of this agreene~t. . ~ 23. E~cu.~,~ation ~rd ?'nde^~nification of th~ C°r~?~ wl '~~i"` Itnl' . (a) Tr.s doing oi a~y act or the fzilure to no any acL by tre Ca.neral Pa: t*~er, the ef~ect of c~nich r.tay _ cause or result in loss or da:.taqe to the P~ tner~hip, i~ . done in gco~ f~ith to pro:~.ote th~ best interests of t~ie- a ~ Partnersnip shall not s~bject the General Pa.rtner to any ~ li.ability . (b) The Par ~nershi~ (but not the Linited ~ R ` 44 PAGE18?4 ~ BOOK ~ _ 25. - - - - - ~ ~ . . . . . . ; . - . . ; ~ ~ , - , _ ~ .kh _ , ~ a~...~ ~ : , _