Common use of Nature of Power of Attorney Clause in Contracts

Nature of Power of Attorney. The foregoing grant of authority is a special power of attorney coupled with an interest, is irrevocable, and survives the death of the undersigned or the delivery of an assignment by the undersigned of a Limited Partnership Interest; provided, that where the assignee thereof has been approved by the General Partners for admission to the Partnership as a substituted Limited Partner, the Power of Attorney survives the delivery of such assignment for the sole purpose of enabling the General Partners to execute, acknowledge and file any instrument necessary to effect such substitution.

Nature of Power of Attorney. The foregoing grant of authority is a special power of attorney coupled with an interest, is irrevocable, and survives the death of the undersigned or the delivery of an assignment by the undersigned of a Limited Partnership Membership Interest; provided, that where the assignee thereof has been approved by the General Partners Managers for admission to the Partnership Company as a substituted Limited PartnerMember, the Power of Attorney survives the delivery of such assignment for the sole purpose of enabling the General Partners Managers to execute, acknowledge and file any instrument necessary to effect such substitution.

Nature of Power of Attorney. The foregoing grant of authority is a special power of attorney coupled with an interest, is irrevocable, and survives shall survive the death of the undersigned or the delivery of an assignment of a Unit by the undersigned of a Limited Partnership Interestundersigned; provided, however, that where the assignee thereof has been approved by the General Partners for admission to the Partnership Company as a substituted Limited PartnerMember under the terms of this Agreement, the Power this power of Attorney survives attorney shall survive the delivery of such assignment for the sole purpose of enabling any qualified officer of the General Partners Company to execute, acknowledge acknowledge, and file any instrument necessary to effect such substitution.

Nature of Power of Attorney. The foregoing grant of authority is a special power of attorney coupled with an interest, is irrevocable, and survives shall survive the death of the undersigned or the delivery of an assignment by the undersigned of a Limited Partnership Interest; providedthe Units, provided that where the assignee thereof has been approved by the General Partners Manager for admission to the Partnership Company as a substituted Limited PartnerMember, the Power of Attorney survives shall survive the delivery of such assignment for the sole purpose of enabling the General Partners Manager to execute, acknowledge and file any instrument necessary to effect such substitution.