Common use of ADDITIONAL LIMITATIONS ON THE AUTHORITY OF THE GENERAL PARTNER Clause in Contracts

ADDITIONAL LIMITATIONS ON THE AUTHORITY OF THE GENERAL PARTNER. Without the prior Approval of the Partners, the General Partner shall have no authority to do any of the following: (a) Amend this Agreement (except as provided in Section 17.8); (b) Change the nature of the business of the Partnership; (c) Sell all or substantially all of the assets of the Partnership; or (d) Dissolve the Partnership. The limitations in Section 8.3(b) and this Section 8.4 shall not be applicable to any General Partner or any Liquidator in winding up and liquidating the business of the Partnership under Article 15.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc)

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ADDITIONAL LIMITATIONS ON THE AUTHORITY OF THE GENERAL PARTNER. Without the prior Approval of the Partners, the General Partner shall have no authority to do any of the following: (a) Amend this Agreement (except as provided in Section 17.818.8); (b) Change the nature of the business of the Partnership; (c) Sell all or substantially all of the assets of the Partnership; or (d) Dissolve the Partnership. The limitations in Section Sections 8.3(b) and this Section 8.4 shall not be applicable to any General Partner or any Liquidator in winding up and liquidating the business of the Partnership under Article 1516.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.)

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ADDITIONAL LIMITATIONS ON THE AUTHORITY OF THE GENERAL PARTNER. Without the prior Approval of the Partners, the General Partner shall have no authority to do any of the following: (a) Amend this Agreement (except as provided in Section 17.8Sections 3.3 or 17.8 hereof); (b) Change the nature of the business of the PartnershipPartnership or cause the Partnership to be taxed other than as a partnership; (c) Sell all or substantially all of the assets of the Partnership; or (d) Dissolve the Partnership. The limitations in Section 8.3(b) and this Section 8.4 shall not be applicable to any General Partner or any Liquidator in winding up and liquidating the business of the Partnership under Article 15.

Appears in 1 contract

Samples: Limited Partnership Agreement (Longview Clinic Operations Company, LLC)

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