Common use of Management and Operation of Business Clause in Contracts

Management and Operation of Business. Section 7.1. Management 37 Section 7.2. Certificate of Limited Partnership 39 Section 7.3. Restrictions on General Partner’s Authority 39 Section 7.4. Reimbursement of the General Partner 40 Section 7.5. Outside Activities 41 Section 7.6. Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Section 7.7. Indemnification 43 Section 7.8. Liability of Indemnitees 45 Section 7.9. Resolution of Conflicts of Interest 46 Section 7.10. Other Matters Concerning the General Partner 47 Section 7.11. Purchase or Sale of Partnership Securities 48 Section 7.12. Reliance by Third Parties 48

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Magellan Midstream Partners Lp), Simplification of Capital Structure Agreement (Magellan Midstream Partners Lp)

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Management and Operation of Business. Section 7.1. 7.1 Management 37 47 Section 7.2. 7.2 Certificate of Limited Partnership 39 48 Section 7.3. 7.3 Restrictions on Managing General Partner’s Authority 39 49 Section 7.4. 7.4 Reimbursement of the Managing General Partner 40 49 Section 7.5. 7.5 Outside Activities 41 50 Section 7.6. 7.6 Loans from the Managing General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the Managing General Partner 42 51 Section 7.7. 7.7 Indemnification 43 53 Section 7.8. 7.8 Liability of Indemnitees 45 54 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 55 Section 7.10. 7.10 Other Matters Concerning the Managing General Partner 47 57 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 57 Section 7.12. 7.12 Registration Rights of the Managing General Partner and its Affiliates 57 Section 7.13 Reliance by Third Parties 4859

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Crestwood Equity Partners LP)

Management and Operation of Business. Section 7.1. 7.1 Management 37 40 Section 7.2. 7.2 Certificate of Limited Partnership 39 43 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 43 Section 7.4. 7.4 Reimbursement of the General Partner 40 43 Section 7.5. 7.5 Outside Activities 41 44 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 46 Section 7.7. 7.7 Indemnification 43 47 Section 7.8. 7.8 Liability of Indemnitees 45 48 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 49 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 51 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 52 Section 7.12. 7.12 Intentionally Omitted 52 Section 7.13 Reliance by Third Parties 4852

Appears in 1 contract

Samples: Limited Partnership Agreement (Memorial Production Partners LP)

Management and Operation of Business. Section 7.1. 7.1 Management 37 by Board of Directors 48 Section 7.2. 7.2 Certificate of Limited Partnership 39 55 Section 7.3. 7.3 Restrictions on General Partnerthe Partnership’s Authority 39 to Sell Assets of the Partnership Group 56 Section 7.4. 7.4 Reimbursement of the General Partner 40 56 Section 7.5. 7.5 Outside Activities 41 57 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 58 Section 7.7. 7.7 Indemnification 43 59 Section 7.8. 7.8 Liability of Indemnitees 45 61 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 61 Section 7.10. Other 7.10 Certain Additional Matters Concerning Requiring Consent of the General Partner 47 64 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 64 Section 7.12. 7.12 Reliance by Third Parties 4865 Section 8.1 Records and Accounting 66 Section 8.2 Fiscal Year 66 Section 8.3 Reports 66

Appears in 1 contract

Samples: Limited Partnership Agreement

Management and Operation of Business. Section 7.1. 7.1 Management 37 52 Section 7.2. 7.2 Certificate of Limited Partnership 39 54 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 54 Section 7.4. 7.4 Reimbursement of the General Partner 40 55 Section 7.5. 7.5 Outside Activities 41 56 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 57 Section 7.7. 7.7 Indemnification 43 58 Section 7.8. 7.8 Liability of Indemnitees 45 59 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 60 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 62 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 62 Section 7.12. 7.12 Registration Rights of the General Partner and its Affiliates 63 Section 7.13 Reliance by Third Parties 4865

Appears in 1 contract

Samples: Series B Preferred Unit Purchase Agreement (Breitburn Energy Partners LP)

Management and Operation of Business. Section 7.1. 7.1 Management 37 46 Section 7.2. 7.2 Certificate of Limited Partnership 39 48 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 to Sell Assets of the Partnership Group 48 Section 7.4. 7.4 Reimbursement of the General Partner 40 48 Section 7.5. 7.5 Outside Activities 41 49 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 50 Section 7.7. 7.7 Indemnification 43 50 Section 7.8. 7.8 Liability of Indemnitees 45 52 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 52 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 55 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 55 Section 7.12. 7.12 Reliance by Third Parties 4855

Appears in 1 contract

Samples: Limited Partnership Agreement (Nextera Energy Partners, Lp)

Management and Operation of Business. Section 7.1. 7.1 Management 37 69 Section 7.2. 7.2 Certificate of Limited Partnership 39 72 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 72 Section 7.4. 7.4 Reimbursement of the General Partner 40 72 Section 7.5. 7.5 Outside Activities 41 73 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 75 Section 7.7. 7.7 Indemnification 43 76 Section 7.8. 7.8 Liability of Indemnitees 45 77 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 78 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 80 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 81 Section 7.12. 7.12 Reliance by Third Parties 4881

Appears in 1 contract

Samples: Limited Partnership Agreement (Access Midstream Partners Lp)

Management and Operation of Business. Section 7.1. 7.1 Management 37 60 Section 7.2. 7.2 Certificate of Limited Partnership 39 62 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 63 Section 7.4. 7.4 Reimbursement of the General Partner 40 63 Section 7.5. 7.5 Outside Activities 41 64 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 66 Section 7.7. 7.7 Indemnification 43 66 Section 7.8. 7.8 Liability of Indemnitees 45 68 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 69 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 70 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 71 Section 7.12. 7.12 Registration Rights of the General Partner and its Affiliates 71 Section 7.13 Reliance by Third Parties 4873 Section 8.1 Records and Accounting 74 Section 8.2 Fiscal Year 74 Section 8.3 Reports 74

Appears in 1 contract

Samples: Limited Partnership Agreement (Stonemor Partners Lp)

Management and Operation of Business. Section 7.1. 7.1 Management 37 32 Section 7.2. 7.2 Certificate of Limited Partnership 39 34 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 35 Section 7.4. 7.4 Reimbursement of the General Partner 40 35 Section 7.5. 7.5 Outside Activities 41 36 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 37 Section 7.7. 7.7 Indemnification 43 38 Section 7.8. 7.8 Liability of Indemnitees 45 39 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 40 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 42 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 42 Section 7.12. 7.12 Registration Rights of the General Partner and its Affiliates 43 Section 7.13 Reliance by Third Parties 4845

Appears in 1 contract

Samples: Agreement of Limited Partnership (CSI Compressco LP)

Management and Operation of Business. Section 7.1. 7.1 Management 37 56 Section 7.2. 7.2 Certificate of Limited Partnership 39 57 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 58 Section 7.4. 7.4 Reimbursement of the General Partner 40 58 Section 7.5. 7.5 Outside Activities 41 58 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 59 Section 7.7. 7.7 Indemnification 43 60 Section 7.8. 7.8 Liability of Indemnitees 45 61 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 62 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 63 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 63 Section 7.12. 7.12 Reliance by Third Parties 4863

Appears in 1 contract

Samples: Limited Partnership Agreement (Williams Partners L.P.)

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Management and Operation of Business. Section 7.1. 7.1 Management 37 67 Section 7.2. 7.2 Certificate of Limited Partnership 39 69 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 69 Section 7.4. 7.4 Reimbursement of the General Partner 40 70 Section 7.5. 7.5 Outside Activities 41 71 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 72 Section 7.7. 7.7 Indemnification 43 73 Section 7.8. 7.8 Liability of Indemnitees 45 74 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 75 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 77 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 78 Section 7.12. 7.12 Reliance by Third Parties 4878

Appears in 1 contract

Samples: Limited Partnership Agreement (Chesapeake Midstream Partners, L.P.)

Management and Operation of Business. Section 7.1. 7.1 Management 37 46 Section 7.2. 7.2 Certificate of Limited Partnership 39 48 Section 7.3. 7.3 Restrictions on Managing General Partner’s Authority 39 48 Section 7.4. 7.4 Reimbursement of the Managing General Partner 40 49 Section 7.5. 7.5 Outside Activities 41 50 Section 7.6. 7.6 Loans from the Managing General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the Managing General Partner 42 51 Section 7.7. 7.7 Indemnification 43 53 Section 7.8. 7.8 Liability of Indemnitees 45 54 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 55 Section 7.10. 7.10 Other Matters Concerning the Managing General Partner 47 56 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 57 Section 7.12. 7.12 Registration Rights of the Managing General Partner and its Affiliates 57 Section 7.13 Reliance by Third Parties 4859

Appears in 1 contract

Samples: Limited Partnership Agreement (Inergy L P)

Management and Operation of Business. Section 7.1. 7.1 Management 37 55 Section 7.2. 7.2 Certificate of Limited Partnership 39 57 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 57 Section 7.4. 7.4 Reimbursement of the General Partner 40 57 Section 7.5. 7.5 Outside Activities 41 58 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 59 Section 7.7. 7.7 Indemnification 43 59 Section 7.8. 7.8 Liability of Indemnitees 45 61 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 61 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 63 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 63 Section 7.12. 7.12 Reliance by Third Parties 4863

Appears in 1 contract

Samples: Limited Partnership Agreement (Williams Partners L.P.)

Management and Operation of Business. Section 7.1. 7.1 Management 37 49 Section 7.2. 7.2 Certificate of Limited Partnership 39 50 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 50 Section 7.4. 7.4 Reimbursement of the General Partner 40 51 Section 7.5. 7.5 Outside Activities 41 51 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 52 Section 7.7. 7.7 Indemnification 43 52 Section 7.8. 7.8 Liability of Indemnitees 45 54 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 54 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 55 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 55 Section 7.12. 7.12 Reliance by Third Parties 4856

Appears in 1 contract

Samples: Limited Partnership Agreement (Williams Partners L.P.)

Management and Operation of Business. Section 7.1. 7.1 Management 37 64 Section 7.2. 7.2 Certificate of Limited Partnership 39 66 Section 7.3. 7.3 Restrictions on the General Partner’s Authority 39 66 Section 7.4. 7.4 Reimbursement of the General Partner 40 67 Section 7.5. 7.5 Outside Activities 41 67 Section 7.6. 7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Partnership or Group Members 69 Section 7.7. 7.7 Indemnification 43 69 Section 7.8. 7.8 Liability of Indemnitees 45 71 Section 7.9. 7.9 Resolution of Conflicts of Interest 46 Interest; Standards of Conduct and Modification of Duties 71 Section 7.10. 7.10 Other Matters Concerning the General Partner 47 73 Section 7.11. 7.11 Purchase or Sale of Partnership Securities 48 Interests 73 Section 7.12. 7.12 Reliance by Third Parties 4873

Appears in 1 contract

Samples: Limited Partnership Agreement (Williams Partners L.P.)

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