Common use of Determination by General Partner of Certain Matters Clause in Contracts

Determination by General Partner of Certain Matters. Subject to maintaining the Partnership in a sound financial and cash position, all matters concerning the allocation of Profits and Losses among the Partners, including the taxes thereon, and accounting procedures, not specifically and expressly provided for by the terms of this Agreement, shall be determined by the General Partner whose determination shall be final and conclusive as to all Partners.

Appears in 4 contracts

Samples: Delta Mine Holding CO, Delta Mine Holding CO, Delta Mine Holding CO

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Determination by General Partner of Certain Matters. Subject to maintaining the Partnership in a sound financial and cash position, all All matters concerning the valuation of financial instruments and other assets and liabilities of the Partnership, the allocation of Profits income, deductions, gains and Losses losses among the Partners, including the taxes thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined by the General Partner Partner, whose determination shall be final final, binding and conclusive as to all of the Partners.

Appears in 2 contracts

Samples: Limited Partnership Agreement (New Mountain Vantage Advisers, L.L.C.), Exempted Limited Partnership Agreement (New Mountain Vantage Advisers, L.L.C.)

Determination by General Partner of Certain Matters. Subject to maintaining the Partnership in a sound financial and cash position, all All matters concerning the valuation of Investments and other assets of the Partnership, the allocation of Profits income, deductions, gains, and Losses losses among the Partners, including the taxes thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined by the General Partner Partner, whose determination shall be final and conclusive as to all of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (FSI Low Beta Absolute Return Fund)

Determination by General Partner of Certain Matters. Subject to maintaining the Partnership in a sound financial and cash position, all All matters concerning the valuation of Financial Instruments and other assets and liabilities of the Partnership, the allocation of Profits income, deductions, gains and Losses losses among the Partners, including the taxes thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined by the General Partner Partner, whose determination shall be final and conclusive as to all of the Partners.

Appears in 1 contract

Samples: Mantle Ridge LP

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Determination by General Partner of Certain Matters. Subject to maintaining the Partnership in a sound financial and cash position, all All matters concerning the determination and allocation of Profits profits, gains and Losses losses among the Partners, including the taxes thereon, and accounting procedures, not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined by the General Partner Partner, whose determination shall be final and conclusive as to all of the Partners.

Appears in 1 contract

Samples: Dissolution Agreement

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