Common use of Limited Partnership Consent Clause in Contracts

Limited Partnership Consent. To the extent allowed in the Limited Partnership Agreement and subject to Section 10.1, the Limited Partnership, by and through Unit Holders owning more than 50% of the Depositary Units, may without the concurrence of the Managing Partner: (i) amend the Production Partnership Agreement; (ii) dissolve the Production Partnership; (iii) remove the Managing Partner and elect a new one; (iv) approve or disapprove the sale of all or substantially all of the assets of the Production Partnership; and (v) cancel or amend the terms of any contract for services with the Managing Partner or any Affiliate thereof without penalty upon 30 days' notice.

Limited Partnership Consent. To the extent allowed in the Limited Partnership Agreement and subject to Section 10.1, the Limited Partnership, by and through Unit Holders owning more than 50% of the Depositary Units, may without the concurrence of the Managing Partner: (i) amend the Production NPI Partnership Agreement; (ii) dissolve the Production NPI Partnership; (iii) remove the Managing Partner and elect a new one; (iv) approve or disapprove the sale of all or substantially all of the assets of the Production NPI Partnership; and (v) cancel or amend the terms of any contract for services with the Managing Partner or any Affiliate thereof without penalty upon 30 days' notice.

Limited Partnership Consent. To the extent allowed in the Limited Partnership Agreement and subject to Section 10.1, the Limited Partnership, by and through Unit Holders owning more than 50% of the Depositary Units, may without the concurrence of the Managing Partner: (i) amend the Production Partnership Agreement; (ii) dissolve the Production Partnership; (iii) remove the Managing Partner and elect a new one; (iv) approve or disapprove the sale of all or substantially all of the assets of the Production Partnership; and and (v) cancel or amend the terms of any contract for services with the Managing Partner or any Affiliate thereof without penalty upon 30 days' notice.

Limited Partnership Consent. To the extent allowed in the Limited Partnership Agreement and subject to Section 10.1, the Limited Partnership, by and through Unit Holders owning more than 50% of the Depositary Units, may without the concurrence of the Managing Partner: (i) amend the Production NPI Partnership Agreement; (ii) dissolve the Production NPI Partnership; (iii) remove the Managing Partner and elect a new one; (iv) approve or disapprove the sale of all or substantially all of the assets of the Production NPI Partnership; andamid (v) cancel or amend the terms of any contract for services with the Managing Partner or any Affiliate thereof without penalty upon 30 days' notice.