Common use of Appointment of Administrative General Partner Clause in Contracts

Appointment of Administrative General Partner. as Attorney-in-Fact A. Each Limited Partner and Investor hereunder hereby irrevocably appoints and empowers the Administrative General Partner his attorney-in-fact to consent to or ratify any act listed in Subsections 5.4A(i) through (xix) of this Agreement after the Consent of the Investors thereto has been obtained, and to execute, acknowledge, swear to and deliver all agreements and instruments and file all documents requisite to carrying out the intentions and purposes contemplated in this Agreement, including, without limitation, the execution and delivery of this Agreement and all amendments hereto, the filing of all business certificates and necessary certificates of limited partnership and amendments thereto from time to time in accordance with all applicable laws and any certificates of cancellation. This power of attorney shall be deemed coupled with an interest, and shall not be affected by the subsequent disability or incapacity of the principal.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership), Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership), Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership)

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