Outside Activities; Contracts with Affiliates; Loans to or from Affiliates. (a) The General Partner shall not have any business interests or engage in any business activities except for those relating to the Partnership and the Operating Partnerships.
Appears in 5 contracts
Samples: Agreement (Buckeye Partners, L.P.), Agreement and Plan of Merger (Buckeye GP Holdings L.P.), Agreement
Outside Activities; Contracts with Affiliates; Loans to or from Affiliates. (a) The General Partner shall not have or permit the Manager to have any business interests or engage in any business activities except for those relating to the Partnership and the Operating Partnerships.
Appears in 3 contracts
Samples: Agreement (Buckeye Partners L P), Buckeye Partners L P, Buckeye Partners L P
Outside Activities; Contracts with Affiliates; Loans to or from Affiliates. (a) The General Partner shall not have any business interests or engage in any business activities except for those relating to the Partnership and the Operating PartnershipsPartnership.
Appears in 2 contracts
Samples: Agreement (Buckeye Partners L P), Buckeye Partners L P
Outside Activities; Contracts with Affiliates; Loans to or from Affiliates. (a) The General Partner shall not have any business interests or engage in any business activities except for those relating to the Partnership and any Operating Partnership, provided that the Operating PartnershipsGeneral Partner shall be allowed to manage its own passive investments and the investments of any related pension fund. The General Partner shall have no duty or obligation to refer business opportunities known by or available to it to the Partnership or any Partner.
Appears in 1 contract
Samples: New England Investment Companies L P