Common use of Nature as Special Power Clause in Contracts

Nature as Special Power. The foregoing grant of authority: (a) is a special power of attorney coupled with an interest, is irrevocable, and shall survive the death or incompetency of the Partner granting it; (b) shall survive the delivery of any assignment by the Partner of the whole or any portion of the Partner’s Units; except that where the assignee thereof has been approved by the Managing General Partner for admission to the Partnership as a Substitute Partner, the power of attorney shall survive the delivery of such assignment for the sole purpose of enabling said attorney-in-fact to execute, acknowledge, and file any instrument necessary to effect such substitution; and (c) may be exercised by said attorney-in-fact by a listing of all of the Partners executing any instrument with a single signature of said attorney-in-fact.

Nature as Special Power. The foregoing grant of authority: (a) is Is a special power Power of attorney Attorney coupled with an interest, is irrevocable, and shall survive the death or incompetency of the Partner granting itundersigned; (b) shall Shall survive the delivery of any assignment by the Partner undersigned of the whole or any portion of the Partner’s his Units; except that where the assignee thereof has been approved by the Managing General Partner for admission to the Partnership as a Substitute Partnersubstitute General or Limited Partner as the case may be, the power Power of attorney Attorney shall survive the delivery of such assignment for the sole purpose of enabling said attorney-in-fact to execute, acknowledge, and file any instrument necessary to effect such substitution; and (c) may May be exercised by said attorney-in-fact with full power of substitution and resubstitution and may be exercised by a listing of all of the Partners executing any instrument with a single signature of said attorney-in-fact.

Nature as Special Power. The foregoing grant of authority: (a) is a special power of attorney coupled with an interest, is irrevocable, ,and shall survive the death or incompetency of the Partner granting it; (b) shall survive the delivery of any assignment by the Partner of the whole or any portion of the Partner’s 's Units; except that where the assignee thereof has been approved by the Managing General Partner for admission to the Partnership as a Substitute Partner, the power of attorney shall survive the delivery of such assignment for the sole purpose of enabling said attorney-in-fact to execute, acknowledge, and file any instrument necessary to effect such substitution; and (c) may be exercised by said attorney-in-fact by a listing of all of the Partners executing any instrument with a single signature of said attorney-in-fact.

Nature as Special Power. The foregoing grant of authority: (a) is a special power of attorney coupled with an interest, is irrevocable, and shall survive the death or incompetency of the Partner granting it; (b) shall survive the delivery of any assignment by the Partner of the whole or any portion of the Partner’s 's Units; except that where the assignee thereof has been approved by the Managing General Partner for admission to the Partnership as a Substitute Partner, the power of attorney shall survive the delivery of such assignment for the sole purpose of enabling said attorney-in-fact to execute, acknowledge, and file any instrument necessary to effect such substitution; and (c) may be exercised by said attorney-in-fact by a listing of all of the Partners executing any instrument with a single signature of said attorney-in-fact.