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HomeMy WebLinkAbout1251 ,l except that .no amendment may be n:as~e :yhich: 1. Would change the right:, tin~1 interests of ttrA leer:•_rai Partner, or the Limited Partners iri rHlation t:o the rights and interests of the uthuc• t4emb~~rs tt:huut thv writter. c~~nse~n: ! of Members owning two-thirds (~/3) nP tt~e total Unit:. tr.~~n owned; 2. lr?ould cause the Partnership tc cease to t,a a Lir.ited t ti-i i Partnership as then defined by tttt Uniform L_tli~eti Parr._r~. _p Law of the State of Flor±da, as :~menctad. B. An ;amendment to this Acrrec~ment shall be c•ffec:ire when an .appropriate amendment to the Certificate of Limited Partnership shall have been filed with the Secretary of State of the State of Florida. Section 19. Arbitration of Dis up tes In the event of ary controversy :rising t-.ereunder, it is understood and agreed that the matter shall be submitted to arbitration, pursuant to and in accordance with the rules of procedu^? o c::e American Arbitration Association, and~that uch art+_t.•: "a:: shall occur within St. Lucie County, Florida. Secrian ~24. 'M'iscellaneous A. ?'~11a Agreement shall be construed in accordance with' ,i t::~~ laws oi` the State of Florida. j D. the General Partner shall file or cause to be filed ~ *i:Is Cer~ificate of Limited Partnership with the Department of State oi' the State of rlorida and with the Clerk of the Circuit ~ ;;ourt o° St. Lucie County, Florida. C. 'she Limited Fartnc'rs agree .to execute any and alI :~et;~:l instruments that r.:3y be necessary or requi!^ed for the ;;urpose of the Limited Partnership; provided, however, that the i,irated Partners shall rot thereby :;iibJc~ct themselves to any s .~dctitional liability or finlr.cial responsibility, other t::an ~ t.l?~ it Initi:~l ur ^;iditiunal ~'apital Contributluns. U. X11 notices p:cvicl•~-~ fo^ in tY:is Agreement : nal_ tv directed tc~ tt:e t~!embers ~ addresses t:erein se?; :o:•t'r. ,7r :;uch ntt`.~': :~dc:rniaE'S i3.. - - -.-~;i~;^ated by the ~A~n~°^:i + lR/ ` ~ ~s~ ~~1 BOOti~~ Plt~~~~ E _lu_ S ~ ~ . _ y~7"a_.- 1-A