General Partners. Each Plains Entity or GP Entity that serves as a general partner of another Plains Entity or GP Entity has full corporate or limited liability company power and authority, as the case may be, to serve as general partner of such Plains Entity or GP Entity, in each case in all material respects, as disclosed in the Pricing Disclosure Package and the Prospectus.
General Partners. The General Partner shall be the general partner of the Partnership. The General Partner may not be removed without its consent.
General Partners. Each of BreitBurn GP, LLC, a Delaware limited liability company and the general partner of the Partnership (the “General Partner”), and BreitBurn Operating GP, LLC, a Delaware limited liability company (the “OLP GP”) and the general partner of BreitBurn Operating L.P. (the “Operating LP”), has, and as of each Delivery Date will have, full limited liability company power and authority to act as general partner of the Partnership and the Operating LP, respectively, in all material respects as described in the Pricing Disclosure Package and the Prospectus.
General Partners. Each Person who executes this Agreement and who is hereby admitted to the Partnership as a general partner of the Partnership, unless such General Partner ceases to be a General Partner hereunder or sells, transfers, forfeits or otherwise disposes of its Units and is replaced by a Substitute General Partner in accordance with this Agreement and the Act, and each Person that becomes a Substitute General Partner, if any, of the Partnership as provided herein, in such Person's capacity as a general partner of the Partnership.
General Partners. The general partners of the Operating Partnership immediately prior to the Effective Time shall be the general partners of the Surviving Entity from and after the Effective Time.
General Partners. A. The General Partner ceases to be a General Partner, and is deemed to have withdrawn from the Partnership, on the occurrence of any of the following events (“Event of Withdrawal”) relating to the General Partner occurring subsequent to the date of this Agreement:
1. The General Partner’s giving sixty (60) days written notice of withdrawal to all other Partners;
2. The General Partner’s assignment of all rights as a General Partner;
3. Removal of the General Partner as provided in this Agreement;
4. The General Partner’s making a general assignment for the benefit of creditors;
5. The General Partner’s filing of a voluntary bankruptcy petition;
6. The General Partner’s becoming the subject of an order for relief or being declared insolvent in any federal or state bankruptcy or insolvency proceeding;
7. The General Partner’s filing of a petition or answer seeking a reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any law;
8. The General Partner’s seeking, consenting to, or acquiescing in the appointment of a trustee, receiver, or liquidator of all or any substantial part of its assets;
9. Expiration of one hundred twenty (120) days after the commencement of a proceeding against the General Partner seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any law if the proceeding has not been previously dismissed;
10. Expiration of ninety (90) days after the date of the appointment, without the General Partner’s consent or acquiescence, of a trustee, receiver, or liquidator of all or any substantial part of its properties if the appointment has not previously been vacated or stayed; and
11. Conviction or plea of nolo contendere or its equivalent on any felony or any crime related to the Partnership.
B. The General Partner shall notify the other Partners within thirty (30) days after the occurrence of an event of withdrawal involving the passage of a period of time specified in Section 9.7(A).
C. Regardless of the provisions in Section 9.7(A), the General Partner may, at its option, continue to be a General Partner if all Partners consent in writing.
General Partners. The Cayman GP and the Delaware GP shall be the “General Partners,” subject to Section 3.4. A General Partner may not be removed without its consent. The management, conduct and control of the business and affairs of the Partnership shall be vested in the General Partners as provided in Section 3.4.
General Partners. The name, address and Capital Contribution of each General Partner are as set forth on Schedule A.
General Partners. A. The name, last known mailing address and current Capital Contribution of each General Partner are reflected in the books and records of the Partnership.
B. Any General Partner, in addition to being a General Partner, may also become a Limited by complying with the provisions of Section 3.4 hereof. In such event, said General Partner shall have all the rights and powers and be subject to all the restrictions of a General Partner, except that, in respect to his Capital Contribution as a Limited, he shall have the rights against the other Partners which he would have had if he were not also a General Partner.
C. From time to time, the Managing Partner may allow one or more General Partners to increase their Capital Contributions. Such increased Capital Contributions shall be made in such amount and manner and at such time as determined by the Managing Partner and the General Partner's Percentages shall be appropriately adjusted and transferred. All such changes shall be reflected in the books and records of the Partnership.
General Partners. The general partners of PSP shall remain as its general partners with the same interests in PSP that they owned at the Effective Time.
