Interested Partners Sample Clauses

Interested Partners. No contract or business venture involving the Partnership shall be void or voidable because a Partner or any Affiliate of such Partner has a financial interest in such contract or business venture, nor shall any such financial interest prevent such Partner or the member of the Executive Committee appointed by such Partner from participating in the deliberations of the Partnership concerning such contract or business venture or from casting a vote with respect to such contract or business venture; provided that prior to participating in such deliberations or casting such vote, such Partner or the member of the Executive Committee appointed by such Partner discloses to the other Partners or the Executive Committee all material facts relating to the interest of such Partner in such contract or business venture. Such member of the Executive Committee may appoint an alternate member of the Executive Committee to cast any vote. The member of the Executive Committee appointed by any such interested Partner may be counted in determining the presence of a quorum at any meeting of the Executive Committee.
Sample 1
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Interested Partners. A-22 13.3 Tax Election .................................................................................. A-22 00.0 Xxxxxxxxxxxxx xxx Indemnification ............................................................. A-22 13.5 Insurance ..................................................................................... A-23 13.6 Custodian ..................................................................................... A-23 13.7 Notices ....................................................................................... A-24 13.8 Captions ............................ ......................................................... A-24 13.9 Variations in Pronouns ........................................................................ A-24 13.10 Certificate and Agreement in Counterparts ..................................................... A-24 13.11 Benefit ................... ................................................................... A-24 13.12 Nonrecourse Creditors ......................................................................... A-24 13.13 Agent for Service of Process .................................................................. A-24 13.14 Principles of Construction; Severability ...................................................... A-24 13-15 California Law ........................... .................................................... A-24 13.16 Integrated Agreement .......................................................................... A-24 (iii) 5 RESTATED CERTIFICATE AND AGREEMENT OF LIMITED PARTNERSHIP OF AMERICAN GENERAL EXCHANGE FUND (A CALIFORNIA LIMITED PARTNERSHIP) This Restated Certificate and Agreement of Limited Partnership (the "Certificate and Agreement") has been entered into by the undersigned General Partners and Limited Partner, for the Purpose of forming a Limited Partnership pursuant to the Uniform Limited Partnership Act as set forth in the Corporations Code of the State of California ("Partnership Act"), with respect to the following recitals of fact:
Sample 1
Interested Partners. Subject to the provisions of Section 10 of the 1940 Act, the fact that a General Partner or one or more of the Limited Partners is directly or indirectly interested in or connected with any company or person with which or with whom the Partnership may have dealings, including but not limited to the payment of brokerage commissions and other expenses, shall not preclude such dealings or make them void or voidable, and the Partnership or any of the Partners shall not have any rights in or to such dealings or any profits derived therefrom.
Sample 1

Related to Interested Partners

  • Interested Parties The Issuing Entity and each other party identified or described in the Pooling Agreement or the Further Transfer Agreements as having an interest as owner, trustee, secured party or holder of Securities.

  • Interested Persons It is understood that Trustees, officers, and shareholders of the Trust are or may be or become interested in the Advisor or the Sub-Advisor as directors, officers or otherwise and that directors, officers and stockholders of the Advisor or the Sub-Advisor are or may be or become similarly interested in the Trust, and that the Advisor or the Sub-Advisor may be or become interested in the Trust as a shareholder or otherwise.

  • Interested Person 2 (l) Investment Adviser.............................................. 2 (m) Series.......................................................... 2

  • Partners The name, address and Percentage Interest of each Partner are set forth on Exhibit A to this Agreement.

  • Other Business of Partners Any Partner may engage independently or with others in other business ventures wholly unrelated to the Partnership business of every nature and description, including, without limitation, the acquisition, development, construction, operation and management of real estate projects and developments of every type on their own behalf or on behalf of other partnerships, joint ventures, corporations or other business ventures formed by them or in which they may have an interest, including, without limitation, business ventures similar to, related to or in direct or indirect competition with the Apartment Housing. Neither the Partnership nor any Partner shall have any right by virtue of this Agreement or the partnership relationship created hereby in or to such other ventures or activities or to the income or proceeds derived therefrom. Conversely, no Person shall have any rights to Partnership assets, incomes or proceeds by virtue of such other ventures or activities of any Partner.

  • Interested Transactions An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.7 because the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted by the terms of this Agreement.

  • Approval by Limited Partners (a) Except as provided in Section 14.3(d), the General Partner, upon its approval of the Merger Agreement or the Plan of Conversion, as the case may be, shall direct that the Merger Agreement or the Plan of Conversion and the merger, consolidation or conversion contemplated thereby, as applicable, be submitted to a vote of Limited Partners, whether at a special meeting or by written consent, in either case in accordance with the requirements of Article XIII. A copy or a summary of the Merger Agreement or the Plan of Conversion, as the case may be, shall be included in or enclosed with the notice of a special meeting or the written consent.

  • Limited Partners The Limited Partners shall not participate in the general conduct or control of the Partnership’s affairs and shall have no right or authority to act for or to bind the Partnership. The Limited Partners shall not be required to assume, endorse or guarantee any liabilities of the Partnership.

  • Outside Activities of the Limited Partners Subject to the provisions of Section 7.5, which shall continue to be applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner.

  • 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.

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