Common use of Limitations on Powers of General Partner Clause in Contracts

Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; or (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 6 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (UHS of Timberlawn, Inc.), Limited Partnership Agreement (UHS of Timberlawn, Inc.)

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Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; oror SHC-KPH, LP (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 1 contract

Samples: Limited Partnership Agreement (UHS of Timberlawn, Inc.)

Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; oror TEXAS WEST OAKS HOSPITAL, L.P. (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 1 contract

Samples: Limited Partnership Agreement (UHS of Timberlawn, Inc.)

Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; oror NEURO INSTITUTE OF AUSTIN, L.P. (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 1 contract

Samples: Limited Partnership Agreement (UHS of Timberlawn, Inc.)

Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; oror TEXAS SAN MARCOS TREATMENT CENTER, L.P. (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 1 contract

Samples: Limited Partnership Agreement (UHS of Timberlawn, Inc.)

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Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; oror TEXAS CYPRESS CREEK HOSPITAL, L.P. (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 1 contract

Samples: Limited Partnership Agreement (UHS of Timberlawn, Inc.)

Limitations on Powers of General Partner. Notwithstanding the generality of the foregoing, the General Partner shall not be empowered, without the Votes of a Majority in Interest of the Limited Partners, to: (a) do any act in contravention of this Agreement; (b) confess a judgment against the Partnership; (c) possess Partnership property or assign any rights in specific Partnership property for other than a Partnership purpose; (d) except as otherwise provided in Section 11 hereof, admit a person as a general partner into the Partnership; (e) require any Limited Partner to make a Capital Contribution to the Partnership not provided for in this Agreement; oror TEXAS XXXXXX XXXXX HOSPITAL, L.P. (f) except as provided in this Agreement (including, without limitation, the admission of additional Limited Partners as provided herein), increase or decrease the interest of any Partner in the assets, profits, losses or distributions of the Partnership; and (g) relieve the General Partner of any liability under this Agreement due to the assignment of its interest in the Partnership; (h) admit additional (including by way of public offering) or Substituted Limited Partners, except as provided in Section 11 hereof; (i) lend any Partnership funds or property to any person; (j) change, reorganize, merge or consolidate the Partnership with or into any other legal entity (including a publicly held entity); or

Appears in 1 contract

Samples: Limited Partnership Agreement (UHS of Timberlawn, Inc.)

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