Common use of Approved Agreements Clause in Contracts

Approved Agreements. Notwithstanding any provision of this ------------------- Agreement to the contrary, no action by the Partners' Committee or any Partner shall be required in order to authorize the Partnership to enter into and perform any of the Approved Agreements or to renew any Approved Agreement pursuant to an automatic renewal provision of such Approved Agreement or on terms no less favorable to the Partnership than those prevailing prior to such renewal. Each Approved Agreement shall, for purposes of this Agreement, be deemed to be on an Arm's-length basis.

Approved Agreements. Notwithstanding any provision of this ------------------- Agreement to the contrary, no action by the Partners' Management Committee or any Partner shall be required in order to authorize the Partnership to enter into and perform any of the Approved Agreements or Agreements, nor shall any such action be required in order to authorize the Partnership to renew any Approved Agreement Agreement; provided, however, that such renewal shall be pursuant to an automatic renewal provision under the terms of such Approved Agreement or shall be on terms no less favorable to the Partnership than those prevailing prior to such renewal. Each Approved Agreement shall, for purposes of this Agreement, be deemed to be on an Arm's-length basis.

Approved Agreements. Notwithstanding any provision of this ------------------- Agreement to the contrary, no action by the Partners' ’ Committee or any Partner shall be required in order to authorize the Partnership to enter into and perform any of the Approved Agreements or to renew any Approved Agreement pursuant to an automatic renewal provision of such Approved Agreement or on terms no less favorable to the Partnership than those prevailing prior to such renewal. Each Approved Agreement shall, for purposes of this Agreement, be deemed to be on an Arm'sArm’s-length basis.

Approved Agreements. Notwithstanding any provision of this ------------------- Agreement to the contrary, no action by the Partners' Committee or any Partner shall be required in order to authorize the Partnership to enter into and perform any of the Approved Agreements or to renew any Approved Agreement pursuant to an automatic renewal provision of such Approved Agreement or on terms no less favorable to the Partnership than those prevailing prior to such renewal. Each Approved Agreement shall, for purposes of this AgreementAgree ment, be deemed to be on an Arm's-length basis.