Common use of Limited Partner Information Clause in Contracts

Limited Partner Information. Provided that the Partnership and the General Partner may disclose any information or documentation to the extent necessary in connection with the formation, operation, Dissolution, winding-up, or Termination of the Partnership (as determined by the General Partner in its reasonable discretion), the Partnership and the General Partner shall refrain from disclosing any confidential information or related documentation furnished by a Partner pursuant to Section 6.11. Without limitation on the rights of the Partnership and the General Partner under the preceding sentence, the Partners acknowledge and agree that, pursuant to the preceding sentence, the Partnership and the General Partner may disclose information and related documentation regarding Partners as well as their ultimate beneficial ownership and management in connection with applicable governmental reporting requirements and FATCA Rules as well as “know your customer,” “anti-money laundering” and similar rules. The Partnership and the General Partner shall not, without such Limited Partner’s consent, utilize a Limited Partner’s name for purposes of marketing interests in the Partnership or for advertising or public relations generally (including by means of a press release, brochure, publicly accessible website or similar vehicle), it being understood that this sentence shall not prohibit the Partnership or the General Partner from complying with applicable law or any bona fide due diligence request from a prospective Limited Partner.

Appears in 4 contracts

Samples: Purchase Agreement (Blockstack Token LLC), Purchase Agreement (Blockstack Token LLC), Blockstack Inc.

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