Common use of Limitations on the General Partner Clause in Contracts

Limitations on the General Partner. The General Partner shall not: (a) do any act in contravention of any applicable law or regulation, or any provision of this Agreement or of the Certificate; (b) possess Partnership property for other than a Partnership purpose; (c) admit any Person as a general partner of the Partnership except as permitted by this Agreement and the Act; (d) admit any Person as a Limited Partner except as permitted by this Agreement and the Act; (e) Transfer its interest in the Partnership except as permitted by this Agreement and the Act; or (f) permit the registration or listing of interests in the Partnership on an "established securities market," as such term is used in Treasury Regulations section 1.7704-1.

Limitations on the General Partner. The General Partner shall not: (a) do any act in contravention of any applicable law or regulation, or any provision of this Agreement or of the CertificateStatement; (b) possess Partnership property for other than a Partnership purpose; (c) admit any Person as a general partner of the Partnership except as permitted by this Agreement and the ActPartnership Law; (d) admit any Person as a Limited Partner except as permitted by this Agreement and the ActPartnership Law; (e) Transfer its interest in the Partnership except as permitted by this Agreement and the ActPartnership Law; or (f) permit the registration or listing of interests in the Partnership on an "established securities market," as such term is used in Treasury Regulations section 1.7704-1.

Limitations on the General Partner. The General Partner shall not: (a) do any act in contravention of any applicable law or regulation, or any provision of this Agreement or of the CertificateStatement; (b) possess Partnership property for other than a Partnership purpose; (c) admit any Person as a general partner of the Partnership except as permitted by in this Agreement and the ActPartnership Law; (d) admit any Person as a Limited Partner except as permitted by in this Agreement and the ActPartnership Law; (e) Transfer its interest in the Partnership except other than as permitted by in this Agreement and the ActPartnership Law; or (f) permit the registration or listing of interests in the Partnership on an "established securities market," ", as such term is used in Treasury Regulations section 1.7704-11 of the Treasury Regulations.