Common use of Limitations on Partnership Powers Clause in Contracts

Limitations on Partnership Powers. Notwithstanding the foregoing provisions of Section 3.2, the Partnership shall not do business in any jurisdiction that would jeopardize the limitation on liability afforded to the Limited Partners under the Delaware Act or this Agreement in such jurisdiction or elsewhere.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Motient Corp), Limited Partnership Agreement (Skyterra Communications Inc), Motient Corp

AutoNDA by SimpleDocs

Limitations on Partnership Powers. Notwithstanding anything contained herein to the foregoing provisions of Section 3.2contrary, the Partnership shall not do business in any jurisdiction that would jeopardize the limitation on liability afforded to the Limited Partners under the Delaware Act or this Agreement in such jurisdiction or elsewhereAgreement.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Coolbrands International Inc), Harbinger Capital Partners Master Fund I, Ltd., Appaloosa Management Lp

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.