Common use of Meetings of General Partners; etc Clause in Contracts

Meetings of General Partners; etc. The Administering General Partner shall from time to time, but no less frequently than every fiscal quarter, meet with WHGP and Blackstone GP at WHGP's or Blackstone GP's request to discuss the business and affairs of the Partnership or to discuss any particular matter reasonably requested by WHGP or Blackstone GP. WHGP and Blackstone GP shall promptly inform BGP of actions taken by WHGP and Blackstone GP with respect to any Majority Decision. No General Partner shall be responsible to the Partners for any adverse consequences, of actions taken in accordance with the terms of this Agreement or without its consent. Notice of meetings of the General Partners shall be given in the manner provided in Section 12.2 hereof at least seventy-two (72) hours before the time of such meeting (unless each General Partner waives such notice). No action may be taken at any meeting of the General Partners unless a quorum of at least two (2) General Partners shall be present thereat; and no action may be taken at any such meeting at which less than all of the General Partners are present unless such action was included in the notice for such meeting. The General Partners may act by written consent in lieu of a meeting.