Admission of further limited partners provisions—limited partnership agreement
Admission of further limited partners provisions—limited partnership agreement

The following Corporate precedent provides comprehensive and up to date legal information covering:

  • Admission of further limited partners provisions—limited partnership agreement

Delete and replace the definition of ‘Limited Partners’ in clause 1.1 of Precedents: Limited partnership agreement and Limited partnership agreement—private fund limited partnership with the following:

Limited Partners

  1. means those persons whose names and addresses appear in Schedule 1, Part B, who remain limited partners of the Limited Partnership from time to time, together with any other persons admitted from time to time as limited partners in accordance with clauses [13.2, 13.3 or 14 OR 15.2, 15.3 or 16], and Limited Partner means any such person;

Delete and replace clause 3.4 of Precedents: Limited partnership agreement and Limited partnership agreement—private fund limited partnership with the following:

3.4 Subject to clauses [13, 14 and 16 OR 15, 16 and 18], no additional person may be admitted to the Limited Partnership as a partner, whether as General Partner or Limited Partner.

Add new clause 14 to Precedent: Limited partnership agreem

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