Common use of Compensation of General Partners Clause in Contracts

Compensation of General Partners. No General Partner shall be compensated for its services as a General Partner of the Partnership generally or any Series; provided, however, this Section 7.12 shall not prohibit or restrict any reimbursement to which any General Partner is otherwise entitled for expenses it incurs or payments it makes on behalf of the Partnership generally or any Series, including any general and administrative expenses.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Enbridge Energy Partners Lp), Limited Partnership Agreement (Enbridge Energy Partners Lp), Contribution Agreement (Enbridge Energy Partners Lp)

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Compensation of General Partners. No General Partner shall be compensated for its services as a General Partner of the Partnership generally or any Series; provided, however, this Section 7.12 7.6 shall not prohibit or restrict any reimbursement to which any General Partner is otherwise entitled for expenses it incurs or payments it makes on behalf of the Partnership generally or any Series, including any general and administrative expenses.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Enbridge Energy Partners Lp), Contribution Agreement (Enbridge Energy Partners Lp)

Compensation of General Partners. No General Partner shall be compensated for its services as a General Partner of the Partnership generally or any Series; provided, however, this Section 7.12 7.14 shall not prohibit or restrict any reimbursement to which any General Partner is otherwise entitled for expenses it incurs or payments it makes on behalf of the Partnership generally or any Series, including any general and administrative expenses.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Enbridge Energy Partners Lp)

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Compensation of General Partners. No General Partner shall be compensated for its services as a General Partner of the Partnership generally or any Series; provided, however, this Section 7.12 7.9 shall not prohibit or restrict any reimbursement to which any General Partner is otherwise entitled for expenses it incurs or payments it makes on behalf of the Partnership generally or any Series, including any general and administrative expenses.

Appears in 1 contract

Samples: Limited Partnership Agreement (Enbridge Energy Partners Lp)

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