Common use of Covenants of the Managing General Partner Clause in Contracts

Covenants of the Managing General Partner. The Managing General Partner covenants and agrees that: (a) The Managing General Partner shall deliver to you ample copies of the Private Placement Memorandum Kit and all amendments or supplements to the Private Placement Memorandum. (b) If any event affecting the Partnership or the Managing General Partner occurs that in the opinion of the Managing General Partner should be set forth in a supplement or amendment to the Private Placement Memorandum, then the Managing General Partner shall promptly at its expense prepare and furnish to you a sufficient number of copies of a supplement or amendment to the Private Placement Memorandum so that it, as so supplemented or amended, will not contain an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements in the Private Placement Memorandum, in the light of the circumstances under which they are made, not misleading.

Covenants of the Managing General Partner. The Managing General Partner covenants and agrees that: (a) The Managing General Partner shall deliver to you ample copies of the Private Placement Memorandum Kit and all amendments or supplements to the Private Placement Memorandum. (b) If any event affecting the a Partnership or the Managing General Partner occurs that in the opinion of the Managing General Partner should be set forth in a supplement or amendment to the Private Placement Memorandum, then the Managing General Partner shall promptly at its expense prepare and furnish to you a sufficient number of copies of a supplement or amendment to the Private Placement Memorandum so that it, as so supplemented or amended, will not contain an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements in the Private Placement Memorandum, in the light of the circumstances under which they are made, not misleading.