Common use of Duties and Obligations of General Partner Clause in Contracts

Duties and Obligations of General Partner. (a) The General Partner shall take all actions which may be necessary or appropriate (i) for the continuation of the Partnership's valid existence as a limited partnership under the laws of the State of Texas (and of each other jurisdiction in which such existence is necessary to protect the limited liability of the Limited Partner or to enable the Partnership to conduct the business in which it is engaged) and (ii) for the accomplishment of the Partnership's purposes, including the acquisition, development, maintenance, preservation, and operation of the Partnership's property and business in accordance with the provisions of this Agreement and applicable laws and regulations.

Appears in 1 contract

Samples: Hadco Corp

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Duties and Obligations of General Partner. (a) 6.5.1 The General Partner shall take all actions which may be necessary or appropriate (i) for the continuation of the Partnership's ’s valid existence as a limited partnership under the laws of the State of Texas (Florida and of each other jurisdiction in which such existence is necessary to protect the limited liability of the Limited Partner or to enable the Partnership to conduct the business in which it is engaged) engaged and (ii) for the accomplishment of the Partnership's ’s purposes, including the acquisition, development, maintenance, preservation, and operation of the Partnership's property and business Property in accordance with the provisions of this Agreement and applicable laws and regulations.

Appears in 1 contract

Samples: Limited Partnership Agreement (Physician Sales & Service, Inc.)

Duties and Obligations of General Partner. (a) A. The General Partner shall take all actions which action that may be necessary or appropriate (i) for the continuation of the Partnership's valid existence as a limited partnership under the laws of the State of Texas (and of each other jurisdiction in which such existence is necessary to protect the limited liability of the Limited Partner Partners or to enable the Partnership to conduct the business in which it is engaged) and (ii) for the accomplishment of the Partnership's purposes, including the acquisition, developmentmanagement, maintenance, preservation, maintenance and operation of the Partnership's property and business Partnership Theatre Property in accordance with the provisions of this Agreement and applicable laws and regulations.

Appears in 1 contract

Samples: Rc Cobb Inc

Duties and Obligations of General Partner. (a) The General Partner shall take all actions which may be necessary or appropriate (i) for the continuation of the Partnership's valid existence as a limited partnership under the laws of the State of Texas (and of each other jurisdiction in which such existence is necessary to protect the limited liability of the Limited Partner Partners or to enable the Partnership to conduct the business in which it is engaged) engaged and (ii) for the accomplishment of the Partnership's purposes, including the acquisition, development, maintenance, preservation, and operation of the Partnership's property and business Property in accordance with the provisions of this Agreement and applicable laws and regulations.

Appears in 1 contract

Samples: Norampac Inc

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Duties and Obligations of General Partner. (a) 6.5.1 The General Partner shall take all actions which may be necessary or appropriate (i) for the continuation of the Partnership's valid existence as a limited partnership under the laws of the State of Texas (Florida and of each other jurisdiction in which such existence is necessary to protect the limited liability of the Limited Partner Partners or to enable the Partnership to conduct the business in which it is engaged) engaged and (ii) for the accomplishment of the Partnership's purposes, including the acquisition, development, maintenance, preservation, and operation of the Partnership's property and business Property in accordance with the provisions of this Agreement and applicable laws and regulations.

Appears in 1 contract

Samples: Limited Partnership Agreement (PSS Holding Inc)

Duties and Obligations of General Partner. (a) The General Partner shall take all actions which may be necessary or appropriate (i) for the continuation of the Partnership's ’s valid existence as a limited partnership under the laws of the State of Texas (and of each other jurisdiction in which such existence is necessary to protect the limited liability of the Limited Partner Partners or to enable the Partnership to conduct the business in which it is engaged) and (ii) for the accomplishment of the Partnership's ’s purposes, including the acquisition, development, maintenance, preservation, and operation of the Partnership's ’s property and business in accordance with the provisions of this Agreement and applicable laws and regulations.

Appears in 1 contract

Samples: Agreement (Fleetwood Homes of Florida, Inc.)

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