Lease Sales. (a) Except as provided in this Section 5.4, in Section 6.2(c) and elsewhere herein, the General Partner may sell, farm-out, abandon or otherwise dispose of any Partnership Lease, on such terms as the General Partner deems reasonable and in the best interests of the Partnership. (b) Except as expressly permitted and recognized in Sections 5.3 and 10.3, neither the General Partner or any of its Affiliates nor any of their employees shall acquire, directly or indirectly, any Lease (or any interest therein) from the Partnership unless the Limited Partner has previously approved in writing such acquisition.
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Lease Sales. (a) Except as provided in this Section 5.4, in Section 6.2(c) 6.2(d), and elsewhere herein, the General Partner may sell, farm-out, abandon or otherwise dispose of any Partnership Lease, on such terms as the General Partner deems reasonable and in the best interests of the PartnershipPartnership and the Limited Partner.
(b) Except as expressly permitted and recognized in Sections Section 5.3 and Section 10.3, neither the General Partner or any of its Affiliates nor any of their employees shall acquire, directly or indirectly, any Lease (or any interest therein) from the Partnership unless the Limited Partner has previously approved in writing such acquisition.
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Lease Sales. (a) Except as provided in this Section 5.4, in Section 6.2(c6.2(d) and elsewhere herein, the General Partner may sell, farm-out, abandon or otherwise dispose of any Partnership Lease, on such terms as the General Partner deems reasonable and in the best interests of the PartnershipPartnership and the Limited Partner.
(b) Except as expressly permitted and recognized in Sections 5.3 and Section 10.3, neither the General Partner or any of its Affiliates nor any of their employees shall acquire, directly or indirectly, any Lease (or any interest therein) from the Partnership unless the Limited Partner has previously approved in writing such acquisition.
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Samples: Limited Partnership Agreement (Magnum Hunter Resources Inc)
Lease Sales. (a) Except as provided in this Section 5.4, in Section 6.2(c6.2(d) and elsewhere herein, the General Partner may sell, farm-out, abandon or otherwise dispose of any Partnership Lease, on such terms as the General Partner deems reasonable and in the best interests of the PartnershipPartnership and the Limited Partner.
(b) Except as expressly permitted and recognized in Sections 5.3 and 10.3, neither the General Partner or any of its Affiliates nor any of their employees shall acquire, directly or indirectly, any Lease (or any interest therein) from the Partnership unless the Limited Partner has previously approved in writing such acquisition.
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Samples: Limited Partnership Agreement (BreitBurn Energy Partners L.P.)
Lease Sales. (aA) Except as provided in this Section 5.46.14, in Section 6.2(c) 6.04 and elsewhere herein, the General Partner may sell, farm-out, abandon or otherwise dispose of any Partnership Lease, on such terms as the General Partner deems reasonable and in the best interests of the PartnershipPartnership and the Partners.
(bB) Except as expressly permitted and recognized in Sections 5.3 and 10.3, neither Neither the General Partner or any of its Affiliates nor any of their employees shall will acquire, directly or indirectly, any Lease (or any interest therein) from the Partnership unless a Majority of the Limited Partner has Partners have previously approved in writing such acquisition.
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Samples: Limited Partnership Agreement (VOC Brazos Energy Partners, LP)