Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to: (i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; and (ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement. (b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 12 contracts
Samples: Limited Partnership Agreement (Steel Partners Holdings L.P.), Limited Partnership Agreement (Steel Partners Holdings L.P.), Limited Partnership Agreement (Steel Partners Holdings L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 11 contracts
Samples: Limited Partnership Agreement (Natural Resource Partners Lp), Limited Partnership Agreement, Limited Partnership Agreement (Armstrong Resource Partners, L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware Xxxxxxxx Islands and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticles IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the Partnership.
Appears in 10 contracts
Samples: Limited Partnership Agreement, Agreement of Limited Partnership (Teekay Offshore Partners L.P.), Limited Partnership Agreement (Teekay Offshore Partners L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder Member, by its execution hereof, hereby makes, constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (Managing Member as its true and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) lawful agent and each of their authorized managers and officers and attorneys-in-attorney in fact, as the case may be, with full power of substitution, as his true substitution and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxxstead, to:
(i) to make, execute, sign, acknowledge, swear to, acknowledge, deliver, record and file (a) this Agreement and record in the appropriate public offices any amendment to this Agreement that has been consented to and adopted as herein provided; (Ab) all certificates, documents amendments to the Certificate required or permitted by law or the provisions of this Agreement; (c) all certificates and other instruments (including consents and ratifications which the Members have agreed to provide upon a matter receiving the agreed support of Members) deemed advisable by the Managing Member to carry out the provisions of this Agreement and Law or to permit the Certificate of Limited Partnership and all amendments Company to become or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (liability company or a partnership in which entity wherein the limited partners Members have limited liability) liability in each jurisdiction where the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own propertybe doing business; (Bd) all certificates, documents and other instruments that the General Partner Managing Member deems appropriate to reflect a change or modification of this Agreement or the Liquidator determines to be necessary or appropriate to reflect, Company in accordance with its termsthis Agreement, any amendmentincluding, changewithout limitation, modification the admission of additional Members or restatement of this Agreement authorized in accordance with substituted Members pursuant to the terms provisions of this Agreement; (Ce) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) that or papers deemed advisable by the General Partner or Managing Member to effect the Liquidator determines to be necessary or appropriate to reflect the dissolution liquidation and termination of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Company; and (Ff) all certificates, documents and other instruments fictitious or assumed name certificates required or permitted (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion in light of the Partnership pursuant to Article XIV; and
(iiCompany’s activities) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage filed on behalf of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this AgreementCompany.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Fathom Digital Manufacturing), Business Combination Agreement (Altimar Acquisition Corp. II), Limited Liability Company Agreement (Blackstone Holdings III L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxsxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Crosstex Energy Lp), Limited Partnership Agreement (Penn Virginia Resource Partners L P), Limited Partnership Agreement (Crosstex Energy Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Crosstex Energy Lp), Limited Partnership Agreement (Crosstex Energy Lp), Limited Partnership Agreement (Crosstex Energy Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder who is an individual hereby constitutes and appoints the General Partner and(or the liquidator, if a Liquidator (other than the General Partnerapplicable) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his or her true and lawful agent and attorney-in-fact, with full power and authority in his his, her or its name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) this Agreement, all certificates, documents certificates and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that thereof which the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify qualify, or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that which the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (C) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) that or documents which the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including a certificate of cancellation; and (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVXII or Article XIII; and
(ii) sign, execute, swear to, acknowledge, deliver, file to and record acknowledge all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the reasonable judgment of the General Partner or the Liquidator determines Partner, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) Agreement, in the reasonable judgment of the General Partner, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy bankruptcy, insolvency or termination of any Limited Partner or Record Holder who is an individual and the transfer of all or any portion of such his, her or its Limited Partner’s or Record Holder’s Partnership Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Sitio Royalties Corp.), Limited Partnership Agreement (Penn Virginia Corp), Limited Partnership Agreement (Penn Virginia Corp)
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints the General Partner and, if a Liquidator Board of Managers (other than the General Partner) shall have been selected pursuant to Section 12.3, or the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwiseif applicable) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his or her true and lawful agent and attorney-in-fact, with full power and authority in his his, her or its name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) this Agreement, all certificates, documents certificates and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments thereof which the Board of Managers deems appropriate or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify qualify, or continue the existence or qualification of of, the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (B) all certificates, documents and other instruments that which the General Partner Board of Managers deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (C) all certificates, documents conveyances and other instruments (including conveyances and a certificate or documents which the Board of cancellation) that the General Partner Managers deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution dissolution, winding up and termination of the Partnership Company pursuant to the terms of this Agreement, including a certificate of cancellation; and (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal substitution or substitution resignation of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership Member pursuant to Article XIVXII or Article XIII; and
(ii) sign, execute, swear to, acknowledge, deliver, file to and record acknowledge all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or reasonable judgment of the Liquidator determines Board of Managers, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (B) Agreement, in the reasonable judgment of the Board of Managers, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy bankruptcy, insolvency or termination of any Limited Partner or Record Holder Member and the transfer of all or any portion of such Limited Partner’s his, her or Record Holder’s Partnership Interest its Units and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (American Oncology Network, Inc.), Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner andor, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.314.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his such Limited Partner’s true and lawful agent and attorney-in-factfact (“Agent”), with full power and authority in his such Limited Partner’s name, place and xxxxx, stead to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all any amendments or restatements hereof or thereof) that which the General Partner Agent deems appropriate or the Liquidator determines necessary to be necessary form or appropriate to formqualify, qualify or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in under the State laws of Delaware and in all other jurisdictions in which the Partnership may conduct business any state or own propertyjurisdiction; (B) all certificates, documents and other instruments that which the General Partner Agent deems appropriate or the Liquidator determines necessary to be necessary reflect any amendments, changes or appropriate to reflect, modifications of this Agreement in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents conveyances and other documents or instruments (including conveyances and a certificate of cancellation) that which the General Partner Agent deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawalsubstitution, withdrawal or removal or substitution of any Partner pursuant toto Articles XII, XIII or XIV and other events described inin Articles XII, this AgreementXIII or XIV; and (E) all certificates, documents and other instruments (including, without limitation, this Agreement and the Certificate of Limited Partnership and any amendments or restatements thereof) relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Units issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV4.4; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that which the General Partner Agent deems appropriate or the Liquidator determines necessary in order to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder hereunder, is deemed to be made or given by the Partners hereunder, is consistent with the terms of this Agreement or (B) is deemed by the Agent to be appropriate or necessary to effectuate the terms or intent of this AgreementAgreement or the purposes of the Partnership; provided that when provided, however, that, if any vote or approval of Limited Partners is specifically required for an action by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any actionAgreement, the General Partner and the Liquidator Agent may exercise the power of attorney made in this Section 2.6(a)(iisubsection (ii) to take such action only after the necessary vote, consent such vote or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreementis obtained.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest Units and shall extend to such Limited Partner’s or Record Holder’s heirs, transferees, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation representations made by the General Partner or the Liquidator Agent acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Agent taken in good faith under pursuant to such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the LiquidatorAgent, within 15 days after receipt of the Agent’s request therefor, such further designationdesignations, powers of attorney and other instruments as the General Partner Agent deems appropriate or the Liquidator may request in order necessary to effectuate the terms or intent of this Agreement and or the purposes of the Partnership.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Buckeye Partners, L.P.), Merger Agreement (Buckeye GP Holdings L.P.), Limited Partnership Agreement
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 7 contracts
Samples: Agreement of Limited Partnership (Williams Partners L.P.), Limited Partnership Agreement (Williams Partners L.P.), Limited Partnership Agreement (Williams Partners L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 7 contracts
Samples: Limited Partnership Agreement (Legacy Reserves Lp), Limited Partnership Agreement (Legacy Reserves Lp), Agreement of Limited Partnership (Legacy Reserves Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Pacific Energy Partners Lp), Limited Partnership Agreement (Crosstex Energy Lp), Limited Partnership Agreement (Valero L P)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 6 contracts
Samples: Limited Partnership Agreement (ZAIS Financial Corp.), Agreement and Plan of Merger (ZAIS Financial Corp.), Limited Partnership Agreement (Sutherland Asset Management Corp)
Power of Attorney. (a) Each By executing this Agreement, each Limited Partner and Record Holder hereby each Assignee irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.04(b), no Limited Partner shall incur any personal liability for any action of the General Partner or the Liquidator taken under such power of attorney.
Appears in 6 contracts
Samples: Agreement of Limited Partnership, Second Amended and Restated Agreement of Limited Partnership (Trade Street Residential, Inc.), Second Amended and Restated Agreement of Limited Partnership (Trade Street Residential, Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware Xxxxxxxx Islands and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticles IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the Partnership.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Teekay LNG Partners L.P.), Agreement of Limited Partnership (Teekay LNG Partners L.P.), Limited Partnership Agreement (Teekay Corp)
Power of Attorney. (a) Each Limited Partner Member and Record Holder each Assignee hereby constitutes and appoints the General Partner andChief Executive Officer, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) President and each of their authorized managers and officers and attorneys-in-fact, as the case may beVice President, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Organizational Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be Board deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) Company in the State Commonwealth of Delaware Pennsylvania and in all other jurisdictions in which the Partnership Company may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be Board deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be Board deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Company pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution transfer of any Partner pursuant to, or other events described in, this AgreementMembership Interests; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Membership Interests; and (F) all certificates, documents and other instruments (including agreements and a certificate certificates of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVCompany; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate appropriate, in the sole discretion of the Board, to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (B) is necessary to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) 2.8 shall be construed as authorizing the General Partner Board or any officer to amend this Agreement do any of the following except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement: (A) amend, change, modify or restate this Agreement; (B) dissolve or liquidate the Company, (C) determine the rights, preferences and privileges of any class or series of Membership Interests, or (D) enter into a merger or consolidation of the Company.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner Member or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest Membership Interests and shall extend to such Limited Partner’s or Record Holdera Member’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 5 contracts
Samples: Exchange and Redemption Agreement, Exchange and Redemption Agreement, Limited Liability Company Agreement (Sunoco Logistics Partners L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxsxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Stonemor Partners Lp), Limited Partnership Agreement (Encore Acquisition Co), Limited Partnership Agreement (Encore Energy Partners LP)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificateconversion) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by by, the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 5 contracts
Samples: Agreement of Limited Partnership (Blueknight Energy Partners, L.P.), Agreement of Limited Partnership (Blueknight Energy Partners, L.P.), Global Transaction Agreement (Blueknight Energy Partners, L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner andor, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.314.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his such Limited Partner's true and lawful agent and attorney-in-factfact ("Agent"), with full power and authority in his such Limited Partner's name, place and xxxxx, stead to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all any amendments or restatements hereof or thereof) that which the General Partner Agent deems appropriate or the Liquidator determines necessary to be necessary form or appropriate to formqualify, qualify or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in under the State laws of Delaware and in all other jurisdictions in which the Partnership may conduct business any state or own propertyjurisdiction; (B) all certificates, documents and other instruments that which the General Partner Agent deems appropriate or the Liquidator determines necessary to be necessary reflect any amendments, changes or appropriate to reflect, modifications of this Agreement in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents conveyances and other documents or instruments (including conveyances and a certificate of cancellation) that which the General Partner Agent deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawalsubstitution, withdrawal or removal or substitution of any Partner pursuant toto Article XII, XIII or XIV and other events described inin Article XII, this AgreementXIII or XIV; and (E) all certificates, documents and other instruments (including, without limitation, this Agreement and the Certificate of Limited Partnership and any amendments or restatements thereof) relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Units issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV4.4; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that which the General Partner Agent deems appropriate or the Liquidator determines necessary in order to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder hereunder, is deemed to be made or given by the Partners hereunder, is consistent with the terms of this Agreement or (B) is deemed by the Agent to be appropriate or necessary to effectuate the terms or intent of this AgreementAgreement or the purposes of the Partnership; provided that when provided, however, that, if any vote or approval of Limited Partners is specifically required for an action by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any actionAgreement, the General Partner and the Liquidator Agent may exercise the power of attorney made in this Section 2.6(a)(iisubsection (ii) to take such action only after the necessary vote, consent such vote or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreementis obtained.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest 's Units and shall extend to such Limited Partner’s or Record Holder’s 's heirs, transferees, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation representations made by the General Partner or the Liquidator Agent acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Agent taken in good faith under pursuant to such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the LiquidatorAgent, within 15 days after receipt of the Agent's request therefor, such further designationdesignations, powers of attorney and other instruments as the General Partner Agent deems appropriate or the Liquidator may request in order necessary to effectuate the terms or intent of this Agreement and or the purposes of the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Buckeye Partners L P), Limited Partnership Agreement (Buckeye Partners L P), Limited Partnership Agreement (Buckeye Partners L P)
Power of Attorney. (a) A. Each Limited Partner and Record Holder hereby each Assignee constitutes and appoints the General Partner andPartner, if a any Liquidator (other than and the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each of the foregoing, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the any Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liabilityLiability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the any Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the any Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticles 11, 12 or 13 or the Capital Contribution of any Partner; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledgeseal, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII 14 or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners will be relying upon the power of the General Partner and any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder and Assignee or the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest Units and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator any Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the any Liquidator, within 15 fifteen (15) days after receipt of the General Partner’s or Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or any Liquidator, as the Liquidator case may request in order be, may reasonably deem necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (MGM Growth Properties Operating Partnership LP), Limited Partnership Agreement (MGM Growth Properties LLC), Limited Partnership Agreement (MGM Growth Properties LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (NorthStar Realty Europe Corp.), Agreement of Limited Partnership (NorthStar Realty Europe Corp.), Limited Partnership Agreement (NorthStar Asset Management Group Inc.)
Power of Attorney. (a) Each Limited Partner Member and Record Holder hereby constitutes and appoints the General Partner Manager and, if a Liquidator (other than the General PartnerManager) shall have been selected pursuant to Section 12.39.2, the Liquidator, severally (and any successor to the Liquidator by merger, transferTransfer, assignment, election or otherwise) and each of their authorized managers and managers, officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Manager or the Liquidator Liquidator, determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; ;
(B) all certificates, documents and other instruments that the General Partner Manager, or the Liquidator Liquidator, determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Manager or the Liquidator determines to be necessary or appropriate to reflect the dissolution dissolution, liquidation and termination of the Partnership Company pursuant to the terms of this Agreement; ;
(D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this Agreement; Article III or Article IX (including, without limitation, issuance and cancellations of Class B Common Shares pursuant to Section 3.2);
(E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Shares issued pursuant to Section 5.53.2; and and
(F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership Company pursuant to Article XIVXI; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Manager or the Liquidator determines to be necessary or appropriate to to: (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement Agreement; or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 10.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and Manager, or the Liquidator Liquidator, may exercise the power of attorney made in this Section 2.6(a)(ii2.7(a) only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. .
(b) Nothing contained in this Section 2.6(a) 2.7 shall be construed as authorizing the General Partner Manager, or the Liquidator, to amend amend, change or modify this Agreement except in accordance with Article XIII X or as may otherwise be otherwise expressly provided for in this Agreement.
(bc) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by lawApplicable Law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner Member or Record Holder and the transfer Transfer of all or any portion of such Limited Partner’s Member or Record Holder’s Partnership Interest Shares and shall extend to such Limited Partner’s Member or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner Member or Record Holder hereby agrees to be bound by any representation made by the General Partner Manager, or the Liquidator acting in good faith Liquidator, pursuant to such power of attorney; and each such Limited Partner Member or Record Holder, to the maximum extent permitted by lawApplicable Law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Manager, or the Liquidator Liquidator, taken in good faith under such power of attorneyattorney in accordance with this Section 2.7. Each Limited Partner Member and Record Holder shall execute and deliver to the General Partner Manager, or the Liquidator, within 15 days after receipt of the request therefor, such further designationdesignations, powers of attorney and other instruments as the General Partner such Manager or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Agreement (Apollo Global Management LLC), Limited Liability Company Agreement (Apollo Global Management LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Western Midstream Partners, LP), Limited Partnership Agreement (Western Midstream Operating, LP), Contribution Agreement and Agreement and Plan of Merger (Anadarko Petroleum Corp)
Power of Attorney. (a) A. Each Limited Partner and Record Holder hereby Member constitutes and appoints the General Partner andManaging Member, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Managing Member deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Managing Member deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner Managing Member deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Company pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this AgreementArticles 11, 12 or 13 or the Capital Contribution of any Member; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVCompany Interests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or sole and absolute discretion of the Liquidator determines Managing Member to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the Managing Member, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner Managing Member to amend this Agreement except in accordance with Article XIII Section 7.3 or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Members will be relying upon the power of the Managing Member to act as contemplated by this Agreement in any filing or other action by it on behalf of the Company, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination incapacity of any Limited Partner or Record Holder Member and the transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Interests and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by the General Partner or the Liquidator Managing Member, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Member hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Managing Member, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner or the LiquidatorManaging Member, within 15 days after receipt of the Managing Member’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or Managing Member, as the Liquidator case may request in order be, deems necessary to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Liability Company Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder Economic Member hereby constitutes and appoints the General Partner Managing Member and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.310.02, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-attorneys in fact, as the case may be, with full power of substitution, as his their true and lawful agent and attorney-in-attorney in fact, with full power and authority in his their name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices: (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Managing Member, or the Liquidator Liquidator, determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Managing Member, or the Liquidator Liquidator, determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to reflect the dissolution and acquisition, merger, dissolution, liquidation or termination of the Partnership Company pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner Economic Member pursuant to, or in connection with other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class Article III or series of Partnership Securities issued pursuant to Section 5.5Article X; and (FE) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIVCompany; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by any of the Partners Members hereunder or is consistent with the terms of this Agreement Agreement; or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series Members required to take any action, the General Partner and Managing Member, or the Liquidator Liquidator, may exercise the power of attorney made in this Section 2.6(a)(ii2.06(a) only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this AgreementMembers.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Economic Member and the transfer of all or any portion of such Limited PartnerEconomic Member’s or Record Holder’s Partnership Interest Interests and shall extend to such Limited Partner’s or Record HolderEconomic Member’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Economic Member hereby agrees to be bound by any representation made by any officer of the General Partner Managing Member, or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderEconomic Member, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Managing Member, or the Liquidator Liquidator, taken in good faith under such power of attorneyattorney in accordance with this Section 2.06. Each Limited Partner and Record Holder Economic Member shall execute and deliver to the General Partner Managing Member, or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner any of such Officers or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the PartnershipCompany.
(c) Nothing contained in this Section 2.06 shall be construed as authorizing the Managing Member, or the Liquidator, to amend, change or modify this Agreement except in accordance with Article XII or as may be otherwise expressly provided for in this Agreement.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Public Luxury Handbag Portfolio LLC), Limited Liability Company Agreement (Public Shrek Royalties LLC), Limited Liability Company Agreement (Public 1997 Michael Jordan PMG LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a any Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3as defined below), the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitutionsubsti tution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or any liquidator of the Liquidator determines to be Partnership's assets (the "Liquidator") deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may or plans to conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this Agreementherein or the Capital Contribution of any Partner; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledgeseal, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Sunstone Hotel Investors Inc), Merger Agreement (Alter Robert A), Merger Agreement (Westbrook Real Estate Partners LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware Texas and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s heirs, successors, Assignee's successors and assigns, transferees and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Plains All American Pipeline Lp), Agreement of Limited Partnership (Plains All American Pipeline Lp), Limited Partnership Agreement (Plains All American Pipeline Lp)
Power of Attorney. (a) Each The Limited Partner and Record Holder hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.313.3, the Liquidator, Liquidator severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including including, without limitation, conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle X, XI, XII or XIII or the Capital Contribution of any Partner; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Interests; and (F) all certificates, documents and other instruments (including including, without limitation, agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVXV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the sole discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when the consent or approval of the Limited Partner is required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any actionAgreement, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii1.4(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicablePartner is obtained. Nothing contained in this Section 2.6(a1.4(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII XIV or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any the Limited Partner or Record Holder and the transfer of all or any portion of such the Limited Partner’s or Record Holder’s 's Partnership Interest and shall extend to such the Limited Partner’s or Record Holder’s 's heirs, successors, assigns, transferees assigns and personal representatives. Each such The Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such the Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each The Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner's or the Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Eott Energy Canada Lp), Limited Partnership Agreement (Eott Energy Partners Lp), Limited Partnership Agreement (Eott Energy Canada Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(. b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee hereby waives, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Rio Vista Energy Partners Lp), Limited Partnership Agreement (Rio Vista Energy Partners Lp), Limited Partnership Agreement (Rio Vista Energy Partners Lp)
Power of Attorney. (a) 2.6.1 Each Limited Partner and Record Holder hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.313.3, the Liquidator, Liquidator severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) 2.6.1.1 execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a an exempted limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware Bermuda and in all other jurisdictions in which the Partnership may conduct business activities and affairs or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal admission or substitution withdrawal of any Partner pursuant to, or other events described in, this AgreementArticle 11 or Article 12, or the Capital Contribution of any Partner; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Units or other Partnership Securities Interests issued pursuant to Section 5.53.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificateany Merger Agreement) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV15; and (G) any tax election with any Limited Partner or General Partner on behalf of the Partnership and/or all Partners; and
(ii) 2.6.1.2 execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the sole discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) 2.6.1.2 only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) 2.6.1 shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII 14 or as may be otherwise expressly provided for in this Agreement.
(b) 2.6.2 The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.), Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.), Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder Series Member hereby constitutes and appoints the General Partner Managing Member and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.311.2, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-attorneys in fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-attorney in fact, with full power and authority in his or her name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a series limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company or any Series may conduct business or own property; ;
(B) all certificates, documents and other instruments that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to reflect the dissolution and dissolution, liquidation or termination of the Partnership Company or a Series pursuant to the terms of this Agreement; ;
(D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner Series Member pursuant to, or in connection with other events described in, this Agreement; Article III or Article XI;
(E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series Series of Partnership Securities Class A share issued pursuant to Section 5.5; and 3.3;
(F) all certificates, documents and other instruments that the Managing Member or Liquidator determines to be necessary or appropriate to maintain the separate rights, assets, obligations and liabilities of each Series; and
(G) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIVCompany; and
(iiH) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.to:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (aShareX Fine Art, LLC), Limited Liability Company Agreement (aShareX Fine Art, LLC), Limited Liability Company Agreement (aShareX Fine Art, LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Martin Midstream Partners L.P.), Limited Partnership Agreement (Martin Midstream Partners Lp), Limited Partnership Agreement (Martin Midstream Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each (the “Attorney in Fact”), as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices: (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Attorney in Fact deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with its terms; (c) all conveyances and other instruments or documents that the Attorney in Fact deems appropriate or necessary to reflect the dissolution and winding up of the Partnership pursuant to the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, acceptance, withdrawal, removal or substitution of any Partner pursuant to, to the terms of this Agreement or other events described in, this Agreementthe Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or sole and absolute discretion of the Liquidator determines Attorney in Fact, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner Attorney in Fact to amend this Agreement except in accordance with Sections 5.6 and Article XIII 11 hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the Attorney in Fact to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderPerson’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderPerson’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder and Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Attorney in Fact, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holderand Assignee hereby waives, to the maximum fullest extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Attorney in Fact, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner or the LiquidatorAttorney in Fact, within 15 fifteen (15) days after receipt of the Attorney in Fact’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request Attorney in order Fact deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 8.2, to the fullest extent permitted by law, no Limited Partner shall incur any personal liability for any action of the Attorney in Fact taken under such power of attorney.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Enterprise Products Partners L P), Limited Partnership Agreement (Enterprise Products Partners L P), Limited Partnership Agreement (Enterprise Products Partners L P)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3any Liquidating Trustee, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be Liquidating Trustee deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware California and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be Liquidating Trustee deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidating Trustee deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the dissolution, liquidation or winding up of the Partnership or the admission, withdrawal, removal or substitution of any Partner pursuant to, or any of the other events described in, this AgreementArticle VIII, Article IX or Section 13.7 hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Partner, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner to amend this Agreement except in accordance with this Article XIII hereof or as may be otherwise expressly provided for in this Agreement.
(b) . The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Partner, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Partner, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the LiquidatorLiquidating Trustee, within 15 fifteen (15) days after receipt of the General Partner’s or the Liquidating Trustee’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidating Trustee, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Essex Portfolio Lp), Limited Partnership Agreement (Essex Portfolio Lp), Limited Partnership Agreement (Essex Property Trust Inc)
Power of Attorney. (a) Each By executing this Agreement, each Limited Partner and Record Holder hereby each Assignee irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or to the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, as determined by the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, as determined by the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII Section 15.15 or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith Liquidator, pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.04(b), no Limited Partner shall incur any personal liability for any action of the General Partner or the Liquidator taken under such power of attorney.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Ryman Hospitality Properties, Inc.), Second Amended and Restated Agreement of Limited Partnership (Gladstone Commercial Corp), Limited Partnership Agreement (GLADSTONE LAND Corp)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all amendments to this Agreement adopted in accordance with the terms hereof and all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementAgreement (including, without limitation, issuance and cancellations of Special Voting Units pursuant to Section 5.3); (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVXIV or otherwise in connection with a change of jurisdiction of the Partnership; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Carlyle Group L.P.), Limited Partnership Agreement (Carlyle Group L.P.)
Power of Attorney. (a) A. Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, acknowledge, deliver, file file, and record in the appropriate public offices (Aa) all certificates, documents documents, and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify qualify, or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may or plans to conduct business or own property, including, without limitation, any documents necessary or advisable to convey any Contributed Property to the Partnership; (Bb) all certificatesinstruments that the General Partner deems appropriate or necessary to reflect any amendment, documents change, modification, or restatement of this Agreement in accordance with its terms; (c) all conveyances and other instruments or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal removal, or substitution of any Partner pursuant to, or other events described in, this AgreementArticle 11, 12, or 13 or the Capital Contribution of any Partner; and (Ee) all certificates, documents documents, and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterest; and
(ii2) execute, swear to, seal, acknowledge, deliver, and file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm confirm, or ratify any vote, consent, approval, agreement agreement, or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII 14 or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners will be relying upon the power of the General Partner and any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Partnership Interest Assignee's OP Units and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that which may be available to contest, negate negate, or disaffirm the action of the General Partner or the Liquidator any Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner's or Liquidator's request therefor, such further designationdesignations, powers of attorney attorney, and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Kramont Realty Trust), Merger Agreement (Cv Reit Inc), Merger Agreement (Kranzco Realty Trust)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner Chief Executive Officer and President of the Partnership and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Board of Supervisors or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Board of Supervisors or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Board of Supervisors or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
and (ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the General Partner discretion of the Board of Supervisors or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the Board of Supervisors or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner Chief Executive Officer and President of the Partnership and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner Board of Supervisors to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner Chief Executive Officer or President of the Partnership or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Chief Executive Officer or President of the Partnership or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner Chief Executive Officer or President of the Partnership or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Chief Executive Officer or President of the Partnership or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Suburban Propane Partners Lp), Limited Partnership Agreement (Suburban Propane Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s heirs, successors, Assignee's successors and assigns, transferees and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Plains All American Pipeline Lp), Agreement of Limited Partnership (Plains All American Pipeline Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by by, the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Targa Resources Partners LP), Limited Partnership Agreement (Targa Resources Partners LP)
Power of Attorney.
(a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementARTICLE IV, ARTICLE X, ARTICLE XI or ARTICLE XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article ARTICLE XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article ARTICLE XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints each of the General Partner Chief Executive Officer, the Chief Financial Officer and the Secretary and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.38.2, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact or authorized officers, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(ia) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(Ai) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; ;
(Bii) all certificates, documents and other instruments that the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(Ciii) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to reflect the dissolution dissolution, liquidation and termination of the Partnership Company pursuant to the terms of this Agreement; ;
(Div) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this Agreement; Articles III or VIII;
(Ev) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Shares issued pursuant to Section 5.53.2; and and
(Fvi) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership Company pursuant to Article XIV; andX.
(iib) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to (Ai) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (Bii) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 9.2 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii2.6(b) only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) 2.6 shall be construed as authorizing the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator to amend amend, change or modify this Agreement except in accordance with Article XIII IX and the Issued Preferred Shares Designations, as applicable, or as may be otherwise expressly provided for in this Agreement.
(bc) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Member and the transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Shares and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderMember, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator Liquidator, taken in good faith under such power of attorneyattorney in accordance with this Section 2.6. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner any of such officers or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC)
Power of Attorney. (a) A. Each Limited Partner and Record Holder Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each (the “Attorney in Fact”), as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices: (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Attorney in Fact deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with its terms; (c) all conveyances and other instruments or documents that the Attorney in Fact deems appropriate or necessary to reflect the dissolution and winding up of the Partnership pursuant to the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, acceptance, withdrawal, removal or substitution of any Partner pursuant to, to the terms of this Agreement or other events described in, this Agreementthe Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or sole and absolute discretion of the Liquidator determines Attorney in Fact, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner Attorney in Fact to amend this Agreement except in accordance with Article XIII Section 14.2 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the Attorney in Fact to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderPerson’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderPerson’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder and Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Attorney in Fact, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holderand, to the maximum fullest extent permitted by law, each such Limited Partner and Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator (as the case may request in order be) deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.4.B, no Limited Partner shall incur any personal liability for any action of the Attorney in Fact taken under such power of attorney.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Spirit Realty Capital, Inc.), Limited Partnership Agreement (Spirit Realty Capital, Inc.)
Power of Attorney. (a) A. Each Limited Partner and Record Holder Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each (the “Attorney in Fact”), as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices: (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Attorney in Fact deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with its terms; (c) all conveyances and other instruments or documents that the Attorney in Fact deems appropriate or necessary to reflect the dissolution and winding up of the Partnership pursuant to the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, acceptance, withdrawal, removal or substitution of any Partner pursuant to, to the terms of this Agreement or other events described in, this Agreementthe Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or sole and absolute discretion of the Liquidator determines Attorney in Fact, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner Attorney in Fact to amend this Agreement except in accordance with Article XIII Section 14.2 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that the General Partner and the Liquidator will be relying upon the power of the Attorney in Fact to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder and Assignee or the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderPerson’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderPerson’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder and Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Attorney in Fact, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holderand, to the maximum fullest extent permitted by law, each such Limited Partner and Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator (as the case may request in order be) deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.4.B, no Limited Partner shall incur any personal liability for any action of the Attorney in Fact taken under such power of attorney.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Invitation Homes Inc.), Limited Partnership Agreement (Invitation Homes Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.314.3, the Liquidator, Liquidator severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, XII, XIII or XIV; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.54.4; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVXVI; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the sole discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 15.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii1.4(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a1.4(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII XV or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner's or the Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Amerigas Partners Lp), Limited Partnership Agreement (Amerigas Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (Manager and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their its authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) 1.6.1. execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) offices:
1.6.1.1. all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator Manager determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Fund as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Fund may conduct business or own property; (B) ;
1.6.1.2. all certificates, documents and other instruments that the General Partner Manager determines to be necessary or appropriate to use assumed names;
1.6.1.3. all certificates, documents and other instruments that the Liquidator Manager determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) ;
1.6.1.4. all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator Manager determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Fund pursuant to the terms of this Agreement; (D) ;
1.6.1.5. all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, in this Agreement; (E) and
1.6.1.6. all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Shares issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; andthis Agreement;
(ii) 1.6.2. execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator Manager determines to be necessary or appropriate to (Ai) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (Bii) to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and the Liquidator Manager may exercise the power of attorney made in this Section 2.6(a)(ii) 1.7.2 only after the necessary vote, consent or approval of such percentage of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) 1.6 shall be construed as authorizing the General Partner Manager to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) . The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Member and the transfer Transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Shares and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by the General Partner or the Liquidator Manager, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderMember, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Manager, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner or the LiquidatorManager, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Manager determines to be necessary or the Liquidator may request in order appropriate to effectuate this Agreement and the purposes of the PartnershipFund.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy W Fund LLC), Limited Liability Company Agreement (Ridgewood Energy W Fund LLC)
Power of Attorney. (a) Each Subject to the limitations of Section 14.2, each Limited Partner and Record Holder Assignee hereby constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, substitution to act in good faith as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be Liquidator, as the case may be, deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; and (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the Capital Contribution of any Partner or the admission, withdrawal, removal or substitution of any Partner made pursuant to, or other events described in, to the terms of this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all the ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that the General Partner appropriate or the Liquidator determines necessary to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary to effectuate the terms or intent of the parties to this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner to (A) amend this Agreement except in accordance with Article XIII Section 14.2 hereof or as may be otherwise expressly provided for in this AgreementAgreement or (B) limit in any manner the right of the Xxxxxxx Limited Partners to consent to the actions specified herein that require the Consent of the Xxxxxxx Limited Partners.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners and Assignees will be relying upon the power of the General Partner to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record Holder’s Person's Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s Person's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner's or the Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.4(b), no Limited Partner shall incur any personal liability for any action of the General Partner or the Liquidator taken under such power of attorney.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Hammons John Q Hotels Inc), Limited Partnership Agreement (Hammons John Q Hotels Inc)
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints each of the General Partner Chief Executive Officer, the Chief Financial Officer and the Secretary and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.38.2, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact or authorized officers, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(ia) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(Ai) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; ;
(Bii) all certificates, documents and other instruments that the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(Ciii) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to reflect the dissolution dissolution, liquidation and termination of the Partnership Company pursuant to the terms of this Agreement; ;
(Div) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this Agreement; Articles III or VIII;
(Ev) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Shares issued pursuant to Section 5.53.2; and and
(Fvi) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership Company pursuant to Article XIV; andX.
(iib) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to (Ai) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (Bii) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 9.2 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii2.6(b) only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) 2.6 shall be construed as authorizing the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator to amend amend, change or modify this Agreement except in accordance with Article XIII IX or as may be otherwise expressly provided for in this Agreement.
(bc) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Member and the transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Shares and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderMember, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator Liquidator, taken in good faith under such power of attorneyattorney in accordance with this Section 2.6. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner Chief Executive Officer, the Chief Financial Officer, the Secretary or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner any of such officers or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder who is an individual hereby constitutes and appoints the General Partner and(or the liquidator, if a Liquidator (other than the General Partnerapplicable) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his or her true and lawful agent and attorney-in-fact, with full power and authority in his his, her or its name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) this Agreement, all certificates, documents certificates and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that thereof which the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that which the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (C) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) that or documents which the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including a certificate of cancellation; and (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVXII or Article XIII; and
(ii) sign, execute, swear to, acknowledge, deliver, file to and record acknowledge all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the reasonable judgment of the General Partner or the Liquidator determines Partner, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) Agreement, in the reasonable judgment of the General Partner, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy bankruptcy, insolvency or termination of any Limited Partner or Record Holder who is an individual and the transfer of all or any portion of such his, her or its Limited Partner’s or Record Holder’s Partnership Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees .
(c) For avoidance of doubt, this Section 16.01 shall not apply to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the PartnershipSeries A Preferred Unitholder.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Kinetik Holdings Inc.), Limited Partnership Agreement (Altus Midstream Co)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.314.3, the Liquidator, Liquidator severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, XII, XIII or XIV; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.54.4; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVXVI; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the sole discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 15.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii1.4(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a1.4(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII XV or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Amerigas Partners Lp), Limited Partnership Agreement (Amerigas Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his or her true and lawful agent and attorney-in-fact, with full power and authority in his or her name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; ;
(B) all amendments to this Agreement adopted in accordance with the terms hereof and all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination of the Partnership pursuant to the terms of this Agreement; ;
(D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this Agreement; Agreement (including issuance and cancellations of Special Voting Units pursuant to Section 5.3);
(E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and and
(F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVXIV or otherwise in connection with a change of jurisdiction of the Partnership; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp)
Power of Attorney. (a) A. Each Limited Partner and Record Holder hereby constitutes each Assignee who accepts Partnership Units (or any rights, benefits or privileges associated therewith) is deemed to irrevocably constitute and appoints the General Partner and, if a Liquidator (other than appoint the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may or plans to conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle 11, 12 or 13 hereof or the Capital Contribution of any Partner; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledgeseal, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII 14 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners will be relying upon the power of the General Partner and any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest Units and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator any Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner's or Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Meristar Hotels & Resorts Inc), Limited Partnership Agreement (Capstar Hotel Co)
Power of Attorney. (a) Each Limited Partner and Record Holder or Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than and the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may beliquidators, with full power of substitution, as his or its true and lawful agent and attorney-in-fact, with full power and authority in his or its name, place and xxxxxstead, to:
: (i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) this Agreement, all certificates, documents certificates and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that thereof which the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify qualify, or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State Commonwealth of Delaware Pennsylvania and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that which the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (C) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) that or documents which the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including a certificate of cancellation; and (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued Assignee pursuant to Section 5.5Article X or XI; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; and
(ii) sign, execute, swear to, acknowledge, deliver, file to and record acknowledge all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the reasonable judgment of the General Partner or the Liquidator determines Partner, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement and/or appropriate or necessary (B) and not inconsistent with the terms of this Agreement), in the reasonable judgment of the General Partner, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy bankruptcy, insolvency or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s his or Record Holder’s Partnership its Percentage Interest and shall extend to such Limited Partner’s Partner or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Anthony Crane Sales & Leasing Lp), Limited Partnership Agreement (Anthony Crane Holdings Capital Corp)
Power of Attorney. (a) A. Each Limited Partner and Record Holder Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each (the “Attorney in Fact”), as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices: (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Attorney in Fact deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with its terms; (c) all conveyances and other instruments or documents that the Attorney in Fact deems appropriate or necessary to reflect the dissolution and winding up of the Partnership pursuant to the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, acceptance, withdrawal, removal or substitution of any Partner pursuant to, to the terms of this Agreement or other events described in, this Agreementthe Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or sole and absolute discretion of the Liquidator determines Attorney in Fact, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner Attorney in Fact to amend this Agreement except in accordance with Article XIII Sections 5.4, 7.3.C, and 14.2 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the Attorney in Fact to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderPerson’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderPerson’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder and Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Attorney in Fact, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holderand Assignee hereby waives, to the maximum fullest extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Attorney in Fact, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner or the LiquidatorAttorney in Fact, within 15 fifteen (15) days after receipt of the Attorney in Fact’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request Attorney in order Fact deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.4.B, to the fullest extent permitted by law, no Limited Partner shall incur any personal liability for any action of the Attorney in Fact taken under such power of attorney.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Vici Properties Inc.), Limited Partnership Agreement (Vici Properties Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints the General Partner Manager and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.311.2, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-attorneys in fact, as the case may be, with full power of substitution, as his or her true and lawful agent and attorney-in-attorney in fact, with full power and authority in his or her name, place and xxxxx, to:
(ia) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices: (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Manager, or the Liquidator Liquidator, determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a series limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company or any Series may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Manager, or the Liquidator Liquidator, determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Manager or the Liquidator determines to be necessary or appropriate to reflect the dissolution and dissolution, liquidation or termination of the Partnership Company or a Series pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner Member pursuant to, or in connection with other events described in, this AgreementARTICLE III or ARTICLE XI; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series Interests of Partnership Securities a Series issued pursuant to Section 5.53.3; (F) all certificates, documents and other instruments that the Manager or Liquidator determines to be necessary or appropriate to maintain the separate rights, assets, obligations and liabilities of each Series; and (FG) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIVCompany; and
(iib) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Manager or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by any of the Partners Members hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series Series required to take any action, the General Partner and Manager, or the Liquidator Liquidator, may exercise the power of attorney made in this Section 2.6(a)(ii) paragraph only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners Members or of the Limited Partners Members of such class or seriesSeries, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner Manager, or the Liquidator, to amend amend, change or modify this Agreement except in accordance with Article XIII ARTICLE XII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Member and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest Members Interests and shall extend to such Limited Partner’s or Record Holder’s Members heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by any officer of the General Partner Manager, or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderMember, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Manager, or the Liquidator Liquidator, taken in good faith under such power of attorneyattorney in accordance with this Section. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner Manager, or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner any of such Officers or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fundhomes I, LLC), Limited Liability Company Agreement (Fundhomes 1, LLC)
Power of Attorney. (a) Each The Limited Partner and Record Holder hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.313.3, the Liquidator, Liquidator severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, changecharge, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle X, XI, XII or XIII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Interests; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVXV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the sole discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when the approval of the Limited Partner is required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any actionAgreement, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii1.4(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicablePartner is obtained. Nothing contained in this Section 2.6(a1.4(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII XIV or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any the Limited Partner or Record Holder and the transfer of all or any portion of such the Limited Partner’s or Record Holder’s 's Partnership Interest and shall extend to such the Limited Partner’s or Record Holder’s 's heirs, successors, assigns, transferees assigns and personal representatives. Each such The Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such the Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each The Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner's or the Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Ap Eagle Finance Corp), Limited Partnership Agreement (Amerigas Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (Manager and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their its authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) 1.6.1. execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) offices:
1.6.1.1. all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator Manager determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Fund as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Fund may conduct business or own property; (B) ;
1.6.1.2. all certificates, documents and other instruments that the General Partner Manager determines to be necessary or appropriate to use assumed names;
1.6.1.3. all certificates, documents and other instruments that the Liquidator Manager determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) ;
1.6.1.4. all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator Manager determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Fund pursuant to the terms of this Agreement; (D) ;
1.6.1.5. all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this Agreement; (E) and
1.6.1.6. all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Shares issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; andthis Agreement;
(ii) 1.6.2. execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator Manager determines to be necessary or appropriate to (Ai) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (Bii) to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and the Liquidator Manager may exercise the power of attorney made in this Section 2.6(a)(ii) 1.6.2 only after the necessary vote, consent or approval of such percentage of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) 1.6 shall be construed as authorizing the General Partner Manager to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) . The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Member and the transfer Transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Shares and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by the General Partner or the Liquidator Manager, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderMember, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Manager, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner or the LiquidatorManager, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Manager determines to be necessary or the Liquidator may request in order appropriate to effectuate this Agreement and the purposes of the PartnershipFund.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, tosxxxx:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) to execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and Partner, the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Universal Compression Partners, L.P.), Limited Partnership Agreement (Exterran Partners, L.P.)
Power of Attorney. (a) A. Each Limited Partner and Record Holder Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each (the “Attorney in Fact “), as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices: (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Attorney in Fact deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with its terms; (c) all conveyances and other instruments or documents that the Attorney in Fact deems appropriate or necessary to reflect the dissolution and winding up of the Partnership pursuant to the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner Attorney in Fact deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, acceptance, withdrawal, removal or substitution of any Partner pursuant to, to the terms of this Agreement or other events described in, this Agreementthe Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the General Partner or sole and absolute discretion of the Liquidator determines Attorney in Fact, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner Attorney in Fact to amend this Agreement except in accordance with Article XIII Section 14.2 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the Attorney in Fact to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderPerson’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderPerson’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder and Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Attorney in Fact, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holderand, to the maximum fullest extent permitted by law, each such Limited Partner and Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator (as the case may request in order be) deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.4.B, no Limited Partner shall incur any personal liability for any action of the Attorney in Fact taken under such power of attorney.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Brixmor Property Group Inc.), Limited Partnership Agreement (Brixmor Property Group Inc.)
Power of Attorney. (a) A. Each Limited Partner and Record Holder hereby constitutes each Assignee who accepts Partnership Units (or any rights, benefits or privileges associated therewith) is deemed to irrevocably constitute and appoints the General Partner and, if a Liquidator (other than appoint the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may or plans to conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner partner pursuant to, or other events described in, this AgreementArticle 11, 12 or 13 hereof or the Capital Contribution of any Partner; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledgeseal, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII 14 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners will be relying upon the power of the General Partner and any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest Units and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator any Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner's or Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Cavanaughs Hospitality Corp), Agreement of Limited Partnership (Cavanaughs Hospitality Corp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (K-Sea Tranportation Partners Lp), Limited Partnership Agreement (K-Sea Tranportation Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.314.3, the Liquidator, severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, XII, XIII or XIV; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.54.4; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVXVI; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the sole discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 15.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii1.4(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a1.4(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII XV or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Star Gas Partners Lp), Limited Partnership Agreement (Star Gas Partners Lp)
Power of Attorney. (a) A. Each Limited Partner and Record Holder hereby each Assignee constitutes and appoints the General Partner andPartner, if a any Liquidator (other than and the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each of the foregoing, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the any Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the any Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the any Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle 11, 12 or 13 hereof or the Capital Contribution of any Partner; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii2) execute, swear to, acknowledgeseal, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII 14 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners will be relying upon the power of the General Partner and any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder and Assignee or the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest Units and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator any Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the any Liquidator, within 15 fifteen (15) days after receipt of the General Partner’s or Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or any Liquidator, as the Liquidator case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Seritage Growth Properties), Limited Partnership Agreement (Seritage Growth Properties)
Power of Attorney. A. Each Member (aother than the Managing Member) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andManaging Member, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by mergerauthorized officers and attorneys in fact of each, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factthose acting singly, as the in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Managing Member or the any Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner Managing Member or the any Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner Managing Member or the any Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Company pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this AgreementArticles XI, XII or XIII hereof or the Capital Contribution of any Member; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued Membership Interests, so long as such instruments pursuant to Section 5.5; and this clause (Fe) all certificates, documents and other instruments (including agreements and a certificate of merger do not affect the rights or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion obligations of the Partnership pursuant to Article XIVMembers under this Agreement; and
(ii2) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that as the General Partner Managing Member or the any Liquidator determines deems appropriate or necessary to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement to facilitate or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 , so long as such instruments do not affect the rights or any other provision of this Agreement that establishes a certain percentage obligations of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in Members under this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicableAgreement. Nothing contained in this Section 2.6(a) 2.4 shall be construed as authorizing the General Partner Managing Member or any Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Members and Assignees will be relying upon the power of the Managing Member to act as contemplated by this Agreement, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner Member or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited PartnerMember’s or Record HolderAssignee’s Partnership LLC Units or Membership Interest and shall extend to such Limited PartnerMember’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner Member or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner Managing Member or the any Liquidator, within 15 days after receipt of the Managing Member’s or Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner Managing Member or the Liquidator Liquidator, as the case may request in order be, deems reasonably necessary to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hcp, Inc.), Limited Liability Company Agreement (Hcp, Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints each of the General Partner and, if a Liquidator (other than and the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, Liquidating Trustee severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) ), and each of their the General Partner's and the Liquidating Trustee's authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent agents and attorneyattorneys-in-fact, with full power and authority in his name, place and xxxxx, xxxxx to:
(ia) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Ai) all certificates, documents certificates and other instruments (including including, at the option of the General Partner or Liquidating Trustee, as the case may be, this Agreement and the Certificate of Limited Partnership and all amendments or and restatements hereof or thereof) , that the General Partner or Liquidating Trustee, as the Liquidator determines case may be, deems appropriate or necessary to be necessary or appropriate carry out the purposes of this Agreement and to form, qualify qualify, or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in the State of Delaware and under the Delaware Act and in all other jurisdictions in which the Partnership may or may wish to conduct business or own property; (Bii) all certificates, documents and other instruments that the General Partner or Liquidating Trustee, as the Liquidator determines case may be, deems appropriate or necessary to be necessary reflect any amendment, change or appropriate to reflect, modification of this Agreement in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (Ciii) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or Liquidating Trustee, as the Liquidator determines to be case may be, deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this AgreementAgreement (including a certificate of cancellation); and (Div) all certificates, documents and other instruments (including including, if required by law, this Agreement and the Certificate of Limited Partnership and all amendments or and restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner, the initial or increased Contribution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Limited Partnership Securities Interests issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV4.02; and
(iib) sign, execute, swear to, acknowledge, deliver, file to and record acknowledge all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole discretion of the General Partner or the Liquidator determines Liquidating Trustee, as the case may be, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or the Liquidating Trustee, as the case may be, to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 or any other provision of this Agreement that which establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator or Liquidating Trustee may exercise the power of attorney made in this Section 2.6(a)(ii10.01(b) only after the necessary vote, consent or approval of such percentage of by the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing herein contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII 17 or as may be otherwise expressly provided for in this Agreement.
(b) . Nothing herein contained shall be construed as authorizing any Person acting pursuant to this Article 10 to take any action to increase in any way the legal liability of the Limited Partners beyond the liability expressly set forth in this Agreement. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive andsurvive, to the maximum extent permitted by law, and shall not be affected by by, the subsequent death, incompetencyincompetence, dissolution, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder grantor and the transfer of all or any portion of such Limited Partner’s or Record Holder’s his Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s Person's heirs, successors, successors and assigns, transferees and personal representatives. Each such Person who accepts Limited Partner or Record Holder hereby agrees Partnership Interests is deemed to consent to be bound by any representation representations made by the General Partner or the Liquidator Liquidating Trustee, acting in good faith pursuant to such power of attorney; . Each Person who accepts Limited Partnership Interests is deemed to consent to and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives waive any and all defenses that may be available to contest, negate or disaffirm the any action of the General Partner or the Liquidator Liquidating Trustee, taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the LiquidatorLiquidating Trustee, within 15 days after receipt of the General Partner's or the Liquidating Trustee's request therefor, such further designationdesignations, powers of attorney and other instruments as the General Partner or the Liquidator may request in order Liquidating Trustee deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Alliance Capital Management Holding Lp)
Power of Attorney. (a) Each Limited Partner Shareholder does hereby constitute and Record Holder hereby constitutes and appoints appoint each Person specifically authorized by the General Partner and, if a Board of Directors or any Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, act as the case may be, with full power of substitution, as his its true and lawful agent representative and attorney-in-fact, with full power and authority in his its name, place and xxxxxstead, to:
(i) to execute, swear to, acknowledge, deliver, file deliver and record file:
(i) in the appropriate public offices (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Organizational Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Board of Directors or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) Company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including including, without limitation, conveyances and a certificate of cancellation) that the General Partner Board of Directors or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Company pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution transfer of any Partner pursuant to, or other events described in, this AgreementCompany Security; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Company Securities; and (F) all certificates, documents and other instruments (including including, without limitation, agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVCompany; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that necessary or appropriate, in the General Partner sole discretion of the Board of Directors or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Shareholders hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the Board of Directors or the Liquidator, to effectuate the terms or intent of this Agreement; provided PROVIDED HOWEVER, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Company Securities or of the Limited Partners Company Securities of any class or series required to take any action, the General Partner and Board of Directors or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) SECTION 2.06 only after the necessary required vote, consent or approval of such the percentage of the Limited Partners Company Securities or of the Limited Partners Company Securities of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, ; and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Shareholder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest Shareholder's Shareholder Interest, and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representativesall Assignees. Each such Limited Partner or Record Holder Shareholder hereby agrees to be bound by any representation made act of the Person or Persons specifically authorized by the General Partner Board of Directors or the Liquidator acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Shareholder hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator such authorized Person taken in good faith under such power of attorney. Each Limited Partner and Record Holder Shareholder shall execute and deliver to the General Partner or the Liquidatorsuch authorized Person, within 15 days after receipt of the a request therefortherefor from such authorized Person, such further designationdesignations, powers of attorney and other instruments as the General Partner or Board of Directors, the Liquidator may request in order or such authorized Person deems necessary to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 1 contract
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner Partner, under the supervision of the Board of Directors, and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Partner, under the supervision of the Board of Directors, or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware Xxxxxxxx Islands and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Partner, under the supervision of the Board of Directors, or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Partner, under the supervision of the Board of Directors, or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticles IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 or any other provision of this Agreement that requires the consent of the Board of Directors or establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary consent of the Board of Directors or vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in make an amendment to this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Capital Product Partners L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file xxxx and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(. b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee hereby waives, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Rio Vista Energy Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxsxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all amendments to this Agreement adopted in accordance with the terms hereof and all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVXIV or otherwise in connection with the change of jurisdiction of the Partnership; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Hiland Partners, LP)
Power of Attorney. (a) Each Limited Partner and Record Holder Member hereby constitutes and appoints each of the General Partner Chief Executive Officer, the Chief Financial Officer and the Secretary of the Company and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.38.2, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(ia) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(Ai) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidator Liquidator, determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; Table of Contents
(Bii) all certificates, documents and other instruments that the General Partner Chief Executive Officer, the Chief Financial Officer or Secretary of the Company, or the Liquidator Liquidator, determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(Ciii) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to reflect the dissolution dissolution, liquidation and termination of the Partnership Company pursuant to the terms of this Agreement; ;
(Div) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this Agreement; Articles III or VIII;
(Ev) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Shares issued pursuant to Section 5.53.2; and and
(Fvi) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership Company pursuant to Article XIV; andX.
(iib) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to (Ai) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (Bii) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 9.2 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and Chief Executive Officer, Chief Financial Officer or Secretary of the Liquidator Company, or the Liquidator, may exercise the power of attorney made in this Section 2.6(a)(ii2.6(b) only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) 2.6 shall be construed as authorizing the General Partner Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidator, to amend amend, change or modify this Agreement except in accordance with Article XIII IX or as may be otherwise expressly provided for in this Agreement.
(bc) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Member and the transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Shares and shall extend to such Limited Partner’s or Record HolderMember’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Member hereby agrees to be bound by any representation made by the General Partner Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderMember, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidator Liquidator, taken in good faith under such power of attorneyattorney in accordance with Section 2.6. Each Limited Partner and Record Holder Member shall execute and deliver to the General Partner Chief Executive Officer, Chief Financial Officer or Secretary of the Company, or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner any of such Officers or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Och-Ziff Capital Management Group LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner andor, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.314.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his such Limited Partner's true and lawful agent and attorney-in-factfact ("Agent"), with full power and authority in his such Limited Partner's name, place and xxxxx, stead to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all any amendments or restatements hereof or thereof) that which the General Partner Agent deems appropriate or the Liquidator determines necessary to be necessary form or appropriate to formqualify, qualify or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in under the State laws of Delaware and in all other jurisdictions in which the Partnership may conduct business any state or own propertyjurisdiction; (B) all certificates, documents and other instruments that which the General Partner Agent deems appropriate or the Liquidator determines necessary to be necessary reflect any amendments, changes or appropriate to reflect, modifications of this Agreement in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents conveyances and other documents or instruments (including conveyances and a certificate of cancellation) that which the General Partner Agent deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including a certificate of cancellation; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawalsubstitution, withdrawal or removal or substitution of any Partner pursuant toto Article XII, XIII or XIV and other events described inin Article XII, this AgreementXIII or XIV; (E) all certificates, documents and other instruments (including, without limitation, this Agreement and the Certificate of Limited Partnership and any amendments or restatements thereof) relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Units issued pursuant to Section 5.5; 4.3 and (F) all certificates, documents documents, and other instruments (including agreements including, without limitation, this Agreement and a certificate the Certificates of merger Limited Partnership and any amendment or consolidation or similar certificate) restatements thereof), relating to implementation of a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVRestructuring; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that which the General Partner Agent deems appropriate or the Liquidator determines necessary in order to be necessary or appropriate to (A) make, evidence, give, confirm confirm, or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder hereunder, is deemed to be made or given by the Partners hereunder, is consistent with the terms of this Agreement or (B) is deemed by the Agent to be appropriate or necessary to effectuate the terms or intent of this AgreementAgreement or the purposes of the Partnership; provided that when provided, however, that, if any vote or approval of Limited Partners is specifically required for an action by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any actionAgreement, the General Partner and the Liquidator Agent may exercise the power of attorney made in this Section 2.6(a)(iisubsection (ii) to take such action only after the necessary vote, consent such vote or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreementis obtained.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest 's Units and shall extend to such Limited Partner’s or Record Holder’s 's heirs, transferees, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation representations made by the General Partner or the Liquidator Agent acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Agent taken in good faith under pursuant to such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the LiquidatorAgent, within 15 fifteen days after receipt of the Agent's request therefor, such further designationdesignations, powers of attorney and other instruments as the General Partner Agent deems appropriate or the Liquidator may request in order necessary to effectuate the terms or intent of this Agreement and or the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (New England Investment Companies L P)
Power of Attorney. (a) Each The Special General Partner, each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the Managing General Partner 24 and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
: (i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the Managing General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the Managing General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the Managing General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
and (ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the Managing General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the Managing General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the Managing General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.25
Appears in 1 contract
Samples: Limited Partnership Agreement (Cornerstone Propane Partners Lp)
Power of Attorney. (a) Each By executing this Agreement, each Limited Partner and Record Holder hereby each Assignee irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the any Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may may, or plans to, conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything to the contrary set forth in this Section 2.04(b), no Limited Partner shall incur any personal liability for any action of the General Partner or any Liquidator taken under such power of attorney, except to the extent otherwise provided in this Agreement.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Schottenstein Realty Trust, Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner and, if a Liquidator (other than the each General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Units or Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-in- fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Enterprise Products Partners L P)
Power of Attorney. (a) A. Each Limited Partner and Record Holder hereby constitutes each Assignee who accepts Units (or any rights, benefits or privileges associated therewith) is deemed to irrevocably constitute and appoints the General Partner and, if a Liquidator (other than appoint the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i1) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may or plans to conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner deems appropriate or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle 11, 12 or 13 hereof or the Capital Contribution of any Partner; and (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV' Interests; and
(ii2) execute, swear to, acknowledgeseal, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines any Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole discretion of the General Partner or any Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII 14 hereof or as may be otherwise expressly provided for in this Agreement.
(b) B. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Partners will be relying upon the power of the General Partner and any Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest Units and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator any Liquidator, acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator any Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 fifteen (15) days after receipt of the General Partner's or Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Hammons John Q Hotels Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Units or Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner's or the Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Retail Opportunity Investments Partnership, LP)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made HEP LOGISTICS HOLDINGS, L.P. FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Holly Energy Partners Lp)
Power of Attorney. (a) Each The Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Interests; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when the approval of the Limited Partner is required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any actionAgreement, the General Partner and or the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicablePartner is obtained. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any the Limited Partner or Record Holder Assignee and the transfer of all or any portion of such the Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such the Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such The Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such the Limited Partner or Record HolderAssignee hereby waives, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each The Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Enterprise Products Partners L P)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby irrevocably makes, constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each General Partner under the terms of their authorized managers and officers and attorneys-in-factthis Agreement, as the case may be, with full power of substitution, as his its true and lawful attorney and agent and attorney-in-fact(the “Power of Attorney”), with full power and authority in his its name, place and xxxxxstead to execute, to:
(i) executeratify, swear to, acknowledge, confirm, deliver, file and and/or record in the appropriate public offices in any jurisdiction which the General Partner considers appropriate any and all of:
(Ai) all certificatesamendments, documents changes or modifications to this Agreement made in accordance with Section 3.7;
(ii) all declarations and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to formqualify, qualify or to continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State Province of Delaware Nova Scotia and in all each other jurisdictions in which jurisdiction where the Partnership may conduct business or own property; business;
(Biii) all certificates, documents instruments and other instruments that the General Partner or the Liquidator determines to be certificates necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, change or modification or restatement of this Agreement authorized the Partnership in accordance with the terms of this Agreement; ;
(Civ) all certificates, instruments relating to the admission of additional or substituted Limited Partners;
(v) any documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect be filed in connection with the dissolution and termination business of the Partnership pursuant to the terms of or in connection with this Agreement; ;
(Dvi) all certificateselections, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admissiondeterminations, withdrawaldesignations, removal or substitution of any Partner pursuant to, forms or other events described in, this Agreement; (E) all certificates, documents and or instruments under the Tax Act or any other instruments relating to the determination taxation or other legislation or laws of like import in respect of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion affairs of the Partnership pursuant to Article XIVor of the interests of the Limited Partners in the Partnership, including any elections, determinations, designations, forms or other documents or instruments associated with the acquisition, financing or disposition of any Assets; and
(iivii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents conveyances and other instruments that or documents necessary to reflect the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage liquidation and dissolution of the Limited Partners or of the Limited Partners Partnership, including cancellation of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreementdeclarations.
(b) The foregoing power Power of attorney Attorney is given for valuable consideration received by each Limited Partner from the General Partner, is hereby declared by each Limited Partner to be an irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, or bankruptcy or termination of any such Limited Partner or Record Holder and shall extend to and bind the transfer of all or any portion heirs, executors, administrators, successors and assigns of such Limited Partner’s .
(c) The Power of Attorney may be exercised by the General Partner on behalf of all of the Limited Partners in executing such instrument with a single signature as attorney and agent for all of them. The General Partner shall within 10 days thereof, by notice in writing, advise each affected Limited Partner of the exercise by it of the power of attorney hereby granted, which notice shall include a copy of any document or Record Holder’s Partnership Interest and shall extend to such instrument executed by the General Partner on behalf of the Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation or action made or taken by the General Partner or the Liquidator acting in good faith pursuant to the Power of Attorney and, if requested, agrees to ratify any such power representation or action, including the execution of attorney; any documents necessary to effect such ratification and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that defences which may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under the Power of Attorney. If a court of competent jurisdiction (or an arbitrator in circumstances where the General Partner has agreed to be bound by such power arbitrator’s decision) determines that the Power of attorney. Attorney has been terminated, been duly revoked or has become invalid, any exercise of the Power of Attorney by the General Partner following such termination, revocation or invalidity shall be valid and binding as between each Limited Partner or the estate of each Limited Partner and any person, including the General Partner, who acted in good faith and without knowledge of the termination, revocation or invalidity.
(d) The Power of Attorney shall not be exercised in any manner that would have the effect of increasing the liability of any of the Limited Partners.
(e) Each Limited Partner and Record Holder shall execute and deliver to hereby releases the General Partner from all liability of any kind that may arise in consequence of any act or the Liquidator, within 15 days after receipt omission of the request thereforGeneral Partner pursuant to the Power of Attorney, such further designation, powers of attorney and other instruments so long as the General Partner or exercises its authority thereunder in good faith.
(f) The Power of Attorney becomes effective on the Liquidator may request date hereof and shall continue in order to effectuate this Agreement and respect of the purposes General Partner so long as it is the general partner of the Partnership, and shall terminate thereafter, but shall continue in respect of a new general partner as if the new general partner were the original attorney. The Power of Attorney is in addition to any other power of attorney granted by the Limited Partner in connection with its interest in the Partnership. The Power of Attorney shall survive the granting of any subsequent power of attorney by the Limited Partner.
Appears in 1 contract
Samples: Partnership Agreement
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership 's Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s 's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (TransMontaigne Partners L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder Series Member hereby constitutes and appoints the General Partner Managing Member and, if a Liquidator (other than the General Partner) shall have been is selected pursuant to Section 12.311.2, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-attorneys in fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-attorney in fact, with full power and authority in his or her name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices offices:
(A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a series limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company or any Series may conduct business or own property; ;
(B) all certificates, documents and other instruments that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to reflect the dissolution and dissolution, liquidation or termination of the Partnership Company or a Series pursuant to the terms of this Agreement; ;
(D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal withdrawal or substitution of any Partner Series Member pursuant to, or in connection with other events described in, this Agreement; Article III or Article XI;
(E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series Series of Partnership Securities Class A share issued pursuant to Section 5.5; and 3.3;
(F) all certificates, documents and other instruments that the Managing Member or Liquidator determines to be necessary or appropriate to maintain the separate rights, assets, obligations and liabilities of each Series; and
(G) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIVCompany; and
(iiH) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Managing Member or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.to:
Appears in 1 contract
Samples: Limited Liability Company Agreement (aShareX Fine Art, LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware Texas and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. All American Pipeline, L.P. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s heirs, successors, Assignee's successors and assigns, transferees and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Plains All American Pipeline Lp)
Power of Attorney. (a) A. Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
14 39 (i1) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may or plans to conduct business or own property, including, without limitation, any documents necessary or advisable to convey any Contributed Property to the Partnership; (Bb) all certificates, documents and other instruments that the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (Dd) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle 11, 12 or 13 hereof or the Capital Contribution of any Partner; (Ee) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Interest; and (Ff) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating amendments to a merger, consolidation, combination or conversion of the Partnership pursuant to this Agreement as provided in Article XIV14 hereof; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner Chief Executive Officer and President of the Partnership and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record axx xxcord in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Board of Supervisors or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Board of Supervisors or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Board of Supervisors or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
and (ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the General Partner discretion of the Board of Supervisors or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the Board of Supervisors or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner Chief Executive Officer and President of the Partnership and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner Board of Supervisors to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner Chief Executive Officer or President of the Partnership or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Chief Executive Officer or President of the Partnership or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner Chief Executive Officer or President of the Partnership or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Chief Executive Officer or President of the Partnership or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Suburban Propane Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF HEP LOGISTICS HOLDINGS, L.P. appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator Liquidator, determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF HEP LOGISTICS HOLDINGS, L.P. each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Holly Energy Partners Lp)
Power of Attorney. (a) Each Limited Partner and Record Holder Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices: (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the any Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized duly adopted in accordance with the terms of this Agreementits terms; (C) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (D) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (DE) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, acceptance, withdrawal, removal or substitution of any Partner pursuant to, to the terms of this Agreement or other events described in, this Agreementthe Capital Contribution of any Partner; and (EF) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of relating to Partnership Securities issued Interests pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or any Liquidator to amend this Agreement except in accordance with Article XIII Section 14.2 of this Agreement or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s or Record HolderPerson’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderPerson’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder and Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, and Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner’s or the Liquidator’s request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator (as the case may request in order be) deems necessary to effectuate this Agreement and the purposes of the Partnership. Notwithstanding anything else set forth in this Section 2.4(b), no Limited Partner shall incur any personal liability for any action of the General Partner or the Liquidator taken under such power of attorney.
Appears in 1 contract
Samples: Agreement of Limited Partnership (NewLake Capital Partners, Inc.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator either thereof by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementARTICLE IV, ARTICLE X, ARTICLE XI or ARTICLE XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article ARTICLE XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article ARTICLE XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s or Record HolderAssignee’s Partnership Interest and shall extend to such Limited Partner’s or Record HolderAssignee’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Enterprise Products Partners L.P.)
Power of Attorney. (a) Each The Special General Partner, each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the Managing General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the Managing General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the Managing General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the Managing General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.6; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the Managing General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the Managing General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the Managing General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the Managing General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Special General Partner's, Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Special General Partner's. Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Special General Partner's, Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the Managing General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Special General Partner's, Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the Managing General Partner or the Liquidator taken in good faith under such power of attorney. Each Special General Partner's, Limited Partner and Record Holder or Assignee shall execute and deliver to the Managing General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the Managing General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Cornerstone Propane Partners Lp)
Power of Attorney. (a) Each Limited Partner Shareholder does hereby constitute and Record Holder hereby constitutes and appoints appoint each Person specifically authorized by the General Partner and, if a Board of Directors or any Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, act as the case may be, with full power of substitution, as his its true and lawful agent representative and attorney-in-fact, with full power and authority in his its name, place and xxxxxstead, to:
(i) to execute, swear to, acknowledge, deliver, file deliver and record file:
(i) in the appropriate public offices (A) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Organizational Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Board of Directors or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) Company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including including, without limitation, conveyances and a certificate of cancellation) that the General Partner Board of Directors or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Company pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution transfer of any Partner pursuant to, or other events described in, this AgreementCompany Security; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5Company Securities; and (F) all certificates, documents and other instruments (including including, without limitation, agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIVCompany; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that necessary or appropriate, in the General Partner sole discretion of the Board of Directors or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Shareholders hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the sole discretion of the Board of Directors or the Liquidator, to effectuate the terms or intent of this Agreement; provided however, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Company Securities or of the Limited Partners Company Securities of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) 2.06 may be exercised only after the necessary required vote, consent or approval of such the percentage of the Limited Partners Company Securities or of the Limited Partners Company Securities of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreementseries has been obtained.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, ; and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder Shareholder and the transfer of all or any portion of such Limited PartnerShareholder’s or Record Holder’s Partnership Interest Company Securities, and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representativesall Assignees. Each such Limited Partner or Record Holder Shareholder hereby agrees to be bound by any representation made act of the Person or Persons specifically authorized by the General Partner Board of Directors or the Liquidator acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Shareholder hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator such authorized Persons taken in good faith under such power of attorney. Each Limited Partner and Record Holder Shareholder shall execute and deliver to the General Partner or the Liquidatorsuch authorized Persons, within 15 days after receipt of the a request therefortherefor from such authorized Persons, such further designationdesignations, powers of attorney and other instruments as the General Partner or Board of Directors, the Liquidator may request in order or such authorized Persons deems necessary to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Enbridge Energy Partners Lp)
Power of Attorney. (a) Each Limited Partner Member and Record Holder each Assignee hereby constitutes and appoints the General Partner Managing Member and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.313.2, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliverdelxxxx, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereofand all amendments and restatements of the Certificate of Formation) that the General Partner Managing Member or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Managing Member or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Managing Member or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership Company pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this AgreementArticle IV, XI, XII or XIII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Membership Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership Company pursuant to Article XIVXV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the General Partner discretion of the Managing Member or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the Managing Member or the Liquidator, to effectuate the terms or intent of this Agreement; provided PROVIDED, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner Managing Member and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(iiSection
(a) (ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner Managing Member to amend this Agreement except in accordance with Article XIII XIV or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner Member or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s Member's or Record Holder’s Partnership Assignee's Membership Interest and shall extend to such Limited Partner’s Member's or Record Holder’s heirs, successors, Assignee's successors and assigns, transferees and personal representatives. Each such Limited Partner Member or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner Managing Member or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner Member or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Managing Member or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder Member or Assignee shall execute and deliver to the General Partner Managing Member or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Managing Member or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Markwest Energy Partners L P)
Power of Attorney. (a) Each Limited Partner Member and each Record Holder hereby constitutes and appoints the General Partner Chief Executive Officer, the Manager and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.38.2, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his such Person’s true and lawful agent and attorney-in-fact, with full power and authority in his such Person’s name, place and xxxxx, stead to:
(ia) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices offices;
(Ai) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) that the General Partner Chief Executive Officer, the Manager or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership Company as a limited partnership (or a partnership in which the limited partners have limited liability) liability company in the State of Delaware and in all other jurisdictions in which the Partnership Company may or plans to conduct business or own property; ;
(Bii) all amendments to this Agreement adopted in accordance with the terms hereof and all certificates, documents and other instruments that the General Partner Chief Executive Officer, the Manager or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; ;
(Ciii) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Chief Executive Officer, the Manager or the Liquidator determines to be necessary or appropriate to reflect the dissolution dissolution, liquidation and termination of the Partnership Company pursuant to the terms of this Agreement; ;
(Div) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership Formation and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner Member pursuant to, or other events described in, this Agreement; ;
(Ev) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Units issued pursuant to Section 5.53.4; and and
(Fvi) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership Company pursuant to Article XIVX or otherwise in connection with the change of jurisdiction of the Company; and
(iib) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Chief Executive Officer, the Manager or the Liquidator determines to be necessary or appropriate to (Ai) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that which is made or given by the Partners Members hereunder or is consistent with the terms of this Agreement Agreement, or (Bii) to effectuate the terms or intent of this Agreement; provided provided, that when required by Section 13.3 3.3, Section 9.4 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners Members or of the Limited Partners Members of any class or series required to take any action, the General Partner and Chief Executive Officer, the Manager or Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii2.6(b) only after the necessary vote, consent consent, approval, agreement or approval of such percentage other action of the Limited Partners Members or of the Limited Partners Members of such class or series, as applicable. Nothing contained in this Section 2.6(a) 2.6 shall be construed as authorizing the General Partner Chief Executive Officer, the Manager or Liquidator to amend this Agreement except in accordance with Article XIII X hereof or as may be otherwise expressly provided for in this Agreement.
(bc) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum fullest extent permitted by applicable law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner Member or Record Holder and or the transfer Transfer of all or any portion of such Limited PartnerMember’s or Record Holder’s Partnership Interest Units and shall extend to such Limited PartnerMember’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner Member or Record Holder hereby agrees to be bound by any representation made by the General Partner Chief Executive Officer, the Manager or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; , and each such Limited Partner Member or Record Holder, to the maximum extent permitted by law, Holder hereby waives any and all defenses that which may be available to contest, negate or disaffirm the action of the General Partner Chief Executive Officer, the Manager or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Member or Record Holder shall execute and deliver to the General Partner Chief Executive Officer, the Manager or the Liquidator, within 15 seven days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Chief Executive Officer, the Manager or the Liquidator may request in order to effectuate this Agreement and the purposes of the PartnershipCompany.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Belpointe PREP, LLC)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner Chairman of the Board of Directors, Vice Chairman of the Board of Directors, the Chief Executive Officer and President (if any) of the Partnership and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their its authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State Republic of Delaware the Xxxxxxxx Islands and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV,Article X,Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.4; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner Board of Directors or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 or any other provision of this Agreement that requires the consent of the Board of Directors or establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner Board of Directors and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary consent of the Board of Directors or vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner Board of Directors to amend make an amendment to this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner Board of Directors, the Chairman of the Board of Directors, Vice Chairman of the Board of Directors, Chief Executive Officer or President of the Partnership or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner Board of Directors, the Chairman of the Board of Directors, Vice Chairman of the Board of Directors, Chief Executive Officer or President of the Partnership or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner Chairman of the Board of Directors, Vice Chairman of the Board of Directors, Chief Executive Officer or President of the Partnership or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner Chairman of the Board of Directors, Vice Chairman of the Board of Directors, Chief Executive Officer or President of the Partnership or the Liquidator may request in order determines to be necessary or appropriate to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Navios Maritime Containers L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.312.03, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, Article X, Article XI or Article XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.55.06; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificateconversion) relating to a merger, consolidation, combination consolidation or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided provided, however, that when required by Section 13.3 13.03 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii2.06(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a2.06(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Limited Partner Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; , and each such Limited Partner or Record HolderPartner, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Agreement of Limited Partnership (OSG America L.P.)
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby irrevocably constitutes and appoints the General Partner andPartner, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the any Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-factfact of each, as the and each of those acting singly, in each case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his its name, place and xxxxx, stead to:
(i) execute, swear to, seal, acknowledge, deliver, file and record in the appropriate public offices (Aa) all certificates, documents and other instruments (including including, without limitation, this Agreement and the Certificate of Limited Partnership and all amendments amendments, supplements or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liabilityliability to the extent provided by applicable law) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (Bb) all certificates, documents and other instruments that the General Partner or the Liquidator determines deems appropriate or necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreementits terms; (Cc) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner or the Liquidator determines to be deems appropriate or necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement, including, without limitation, a certificate of cancellation; (d) all conveyances and other instruments or documents that the General Partner or the Liquidator deems appropriate or necessary to reflect the distribution or exchange of assets of the Partnership pursuant to the terms of this Agreement; (De) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle XI, Article XII or Article XIII hereof or the Capital Contribution of any Partner; and (Ef) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVInterests; and
(ii) execute, swear to, acknowledge, deliver, acknowledge and file and record all ballots, consents, approvals, waivers, certificates, documents certificates and other instruments that appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) appropriate or necessary, in the sole and absolute discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) herein shall be construed as authorizing the General Partner or the Liquidator to amend this Agreement except in accordance with Article XIII XIV hereof or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a special power coupled with an interest, in recognition of the fact that each of the Limited Partners and Assignees will be relying upon the power of the General Partner or the Liquidator to act as contemplated by this Agreement in any filing or other action by it on behalf of the Partnership, and it shall survive and, to the maximum extent permitted by law, shall and not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination Incapacity of any Limited Partner or Record Holder Assignee and the transfer Transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Units or Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s Assignee's heirs, successors, assigns, transferees assigns and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator Liquidator, acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, Assignee hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator Liquidator, taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the General Partner's or the Liquidator's request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator Liquidator, as the case may request in order be, deems necessary to effectuate this Agreement and the purposes of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Preston Hollow Community Capital, Inc.)
Power of Attorney. (a) Each Limited Partner (including any Additional or Substituted Limited Partner), each Person who executes a Transfer Application, and Record Holder hereby constitutes each Assignee who accepts Depositary Units is deemed to irrevocably constitute, appoint, and appoints empower the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally (and any successor to the Liquidator by merger, transfer, assignmentelection, election or otherwise) ), and each of their the General Partner's authorized managers and officers and attorneys-inattorneysin-fact, as the case may be, with full power of substitution, as his the true and lawful agent and attorney-in-factfact of such Unitholder, with full power and authority in his such Unitholder's name, place place, and xxxxx, tostead and for such Unitholder's use or benefit:
(iA) to make, execute, verify, consent to, swear to, acknowledge, make oath as to, publish, deliver, file and file, and/or record in the appropriate public offices (Ai) all certificates, documents certificates and other instruments (including instruments, including, at the option of the General Partner, this Agreement and the Certificate of Limited Partnership and all amendments or and restatements hereof or thereof) , that the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to formqualify, qualify or continue the existence or qualification of of, the Partnership as a limited partnership (or a partnership in which the limited partners Limited Partners have limited liability) in the State of Delaware California and in all other jurisdictions in which the Partnership may or may intend to conduct business or own propertyassets; (Bii) all other certificates, instruments, and documents and as may be requested by, or may be appropriate or necessary under the laws of any state or other jurisdiction in which the Partnership may or may intend to conduct business or own assets; (iii) all instruments that the General Partner deems appropriate or the Liquidator determines necessary to be necessary or appropriate to reflect, in accordance with its terms, reflect any amendment, change, or modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; hereof (Civ) all certificates, documents conveyances and other instruments (including conveyances and a certificate of cancellation) or documents that the General Partner deems appropriate or the Liquidator determines necessary to be necessary effectuate or appropriate to reflect the dissolution dissolution, termination, and termination liquidation of the Partnership pursuant to the terms of this Agreement; (Dv) any and all financing statements, continuation statements, mortgages, or other documents necessary to grant to or perfect for secured creditors of the Partnership, including the General Partner and its Affiliates, a security interest, mortgage, pledge or lien on all or any of the Partnership Assets; (vi) all certificates, documents and other instruments or papers required to continue the business of the Partnership pursuant to this Agreement; (vii) all instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or and restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution admission of any Partner pursuant to, or other events described in, to this Agreement; (Eviii) all certificatesartifacts, affidavits, instruments and documents as may be necessary or desirable in connection with documentation and registration of Aircraft with the FAA and any other governmental authority having jurisdiction over the Partnership or the Partnership's Aircraft, and (ix) all other instruments relating as the attorneys-in-fact or any one of them may deem necessary or advisable to carry out fully the determination provisions of the rights, preferences and privileges of any class or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIVthis Agreement in accordance with its terms; and
(iiB) executeto enter into the Depositary Agreement and deposit all Units of such Unitholder in the depositary account established by the Depositary pursuant to the Depositary Agreement. The execution and delivery by any of said attorneys-in-fact of any such agreements, swear to, acknowledge, deliver, file and record all ballotsamendments, consents, approvals, waivers, certificates, documents and or other instruments shall be conclusive evidence that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner such execution and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicabledelivery was authorized hereby. Nothing herein contained in this Section 2.6(a) shall be construed as authorizing any Person acting as attorney-in-fact pursuant to this Article 17 to take action as an attorney-in-fact for any Unitholder to increase in any way the General Partner liability of such Unitholder beyond the liability expressly set forth in this Agreement, or to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for 18. The appointment by each Unitholder of the Persons designated in this Agreement.
(b) Article 17 as attorneys-in- shall be deemed to be a power of attorney coupled with an interest in recognition of the fact that each of the Unitholders under this Agreement will be relying upon the power and authority of such Persons to act pursuant to this power of attorney for the orderly administration of the affairs of the Partnership. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interestirrevocable, and it shall survive andsurvive. and shall be not affected by, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, dissolution, disability, incapacity, dissolutionbankruptcy, bankruptcy or termination of any Limited Partner or Record Holder Unitholder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and it shall extend to such Limited Partner’s or Record Holder’s Unitholder's heirs, successors, . and assigns, transferees and personal representatives. Each such Limited Partner or Record Holder Unitholder hereby agrees to be bound by any representation representations made by the General Partner or the Liquidator any Person acting in good faith as attorney-in-fact pursuant to such this power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, attorney in accordance with this Agreement. Each Unitholder hereby waives any and all defenses that may be available to contest, negate negate, or disaffirm disarm the action of the General Partner or the Liquidator any Person taken in good faith as attorney-in-fact under such this power of attorneyattorney in accordance with this Agreement. Each Limited Partner and Record Holder Unitholder shall execute and deliver to the General Partner or the LiquidatorPartner, within 15 days after receipt of the General Partner's request therefor, all such further designationdesignations, powers of attorney attorney, and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership, and if not so executed and delivered, shall be deemed to be given within such 15-day period to the same extent as if so executed and delivered to the General Partner.
Appears in 1 contract
Power of Attorney. (a) Each Limited Partner and Record Holder each Assignee hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his its true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxx, to:: SHAMROCK LOGISTICS OPERATIONS, L.P.
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be deems necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be deems necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this AgreementArticle IV, X, XI or XII; (E) all certificates, documents and other instruments relating to the determination of the rights, preferences and privileges of any class or series of Partnership Securities Interests issued pursuant to Section 5.5hereto; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificatemerger) relating to a merger, consolidation, combination merger or conversion consolidation of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that necessary or appropriate, in the discretion of the General Partner or the Liquidator determines Liquidator, to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) is necessary or appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the terms or intent of this Agreement; provided PROVIDED, that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, SHAMROCK LOGISTICS OPERATIONS, L.P. bankruptcy or termination of any Limited Partner or Record Holder Assignee and the transfer of all or any portion of such Limited Partner’s 's or Record Holder’s Assignee's Partnership Interest and shall extend to such Limited Partner’s 's or Record Holder’s heirs, successors, Assignee's successors and assigns, transferees and personal representatives. Each such Limited Partner or Record Holder Assignee hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record HolderAssignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder or Assignee shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order deems necessary to effectuate this Agreement and the purposes of the Partnership.
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Power of Attorney. (a) Each Limited Partner and Record Holder hereby constitutes and appoints the General Partner and, if a Liquidator (other than the General Partner) shall have been selected pursuant to Section 12.3, the Liquidator, severally Liquidator (and any successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of their authorized managers and officers and attorneys-in-fact, as the case may be, with full power of substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in his name, place and xxxxxstead, to:
(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public offices (A) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) that the General Partner or the Liquidator determines to be necessary or appropriate to form, qualify or continue the existence or qualification of the Partnership as a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware and in all other jurisdictions in which the Partnership may conduct business or own property; (B) all certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to reflect, in accordance with its terms, any amendment, change, modification or restatement of this Agreement authorized in accordance with the terms of this Agreement; (C) all certificates, documents and other instruments (including conveyances and a certificate of cancellation) that the General Partner or the Liquidator determines to be necessary or appropriate to reflect the dissolution and termination liquidation of the Partnership pursuant to the terms of this Agreement; (D) all certificates, documents and other instruments (including this Agreement and the Certificate of Limited Partnership and all amendments or restatements hereof or thereof) relating to the admission, withdrawal, removal or substitution of any Partner pursuant to, or other events described in, this Agreement; (E) all certificatesArticle IV, documents and other instruments relating to the determination of the rightsArticle X, preferences and privileges of any class Article XI or series of Partnership Securities issued pursuant to Section 5.5; and (F) all certificates, documents and other instruments (including agreements and a certificate of merger or consolidation or similar certificate) relating to a merger, consolidation, combination or conversion of the Partnership pursuant to Article XIV; and
(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents, approvals, waivers, certificates, documents and other instruments that the General Partner or the Liquidator determines to be necessary or appropriate to (A) make, evidence, give, confirm or ratify any vote, consent, approval, agreement or other action that is made or given by the Partners hereunder or is consistent with the terms of this Agreement or (B) to effectuate the terms or intent of this Agreement; provided that when required by Section 13.3 or any other provision of this Agreement that establishes a certain percentage of the Limited Partners or of the Limited Partners of any class or series required to take any action, the General Partner and the Liquidator may exercise the power of attorney made in this Section 2.6(a)(ii) only after the necessary vote, consent or approval of such percentage of the Limited Partners or of the Limited Partners of such class or series, as applicable. Nothing contained in this Section 2.6(a) shall be construed as authorizing the General Partner to amend this Agreement except in accordance with Article XIII or as may be otherwise expressly provided for in this Agreement.
(b) The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive and, to the maximum extent permitted by law, shall not be affected by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or termination of any Limited Partner or Record Holder and the transfer of all or any portion of such Limited Partner’s or Record Holder’s Partnership Interest and shall extend to such Limited Partner’s or Record Holder’s heirs, successors, assigns, transferees and personal representatives. Each such Limited Partner or Record Holder hereby agrees to be bound by any representation made by the General Partner or the Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner or Record Holder, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken in good faith under such power of attorney. Each Limited Partner and Record Holder shall execute and deliver to the General Partner or the Liquidator, within 15 days after receipt of the request therefor, such further designation, powers of attorney and other instruments as the General Partner or the Liquidator may request in order to effectuate this Agreement and the purposes of the Partnership.XII;
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Samples: Agreement of Limited Partnership (EV Energy Partners, LP)