Common use of Authorization of Mergers Clause in Contracts

Authorization of Mergers. The Partnership is hereby authorized to engage in any merger or consolidating transaction with any limited partnership or other business entity as provided in Section 17-211 of the Act. Any such merger or consolidation transaction may be approved solely by the General Partner and does not require the consent of the Limited Partners or Approval of the Partners. If the Partnership is the surviving or resulting limited partnership in any merger or consolidation, this Agreement may be amended and/or restated in connection with the agreement of merger or consolidation pursuant to Section 17-211(g) of the Act.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Longview Clinic Operations Company, LLC), Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc)

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Authorization of Mergers. The Partnership is hereby authorized to engage in any merger or consolidating consolidation transaction with any limited partnership or other business entity as provided in Section 17-211 of the Act. Any such merger or consolidation transaction may be approved solely by the General Partner and does not require the consent of the Limited Partners or Approval of the Limited Partners. If the Partnership is the surviving or resulting limited partnership in any such merger or consolidation, this Agreement may be amended and/or restated in connection with the agreement of merger or consolidation pursuant to Section 17-211(g) of the Act.

Appears in 1 contract

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

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Authorization of Mergers. The Partnership is hereby authorized to engage in any merger or consolidating transaction with any limited partnership or other business entity as provided in Section 17-211 of the Act. Any such merger or consolidation transaction may be approved solely by the General Partner and does not require the consent of the Limited Partners or Approval of the Partners. If the Partnership is the surviving or resulting limited partnership in any merger or consolidation, this Agreement may be amended and/or restated in connection with the agreement of merger or consolidation pursuant to Section 17-211(g) of the Act.. 4. CAPITAL CONTRIBUTIONS, LOANS, CAPITAL ACCOUNTS 4.1

Appears in 1 contract

Samples: Limited Partnership Agreement

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