Common use of Other States Clause in Contracts

Other States. If the business of the Partnership is carried on or conducted in states other than Delaware, each Partner shall execute documents as may be required or requested so that the General Partner may legally qualify the Partnership in the other states. The power of attorney granted to the General Partner by each Limited Partner in Section 13 shall constitute the General Partner’s authority to perform the ministerial duty of qualifying the Partnership under the laws of any other state. The General Partner shall have the authority to designate a Partnership office or principal place of business in any other state.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.)

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