Common use of Powers of Limited Partners; Resolutions Binding Clause in Contracts

Powers of Limited Partners; Resolutions Binding. The Limited Partners will have only the powers set out in this Agreement and any additional powers provided by Law. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner and that Partner’s respective heirs, executors, administrators, successors and assigns, whether or not that Partner was present in person or voted against any resolution so passed.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Restaurant Brands International Inc.), Arrangement Agreement (Mogo Inc.), Exempted Limited Partnership Agreement

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Powers of Limited Partners; Resolutions Binding. The Limited Partners will have only the powers set out in this Agreement and any additional powers provided by Law. Subject to the foregoing sentencesentence and Section 14.1, any resolution passed in accordance with this Agreement will be binding on each Partner and that Partner’s respective heirs, executors, administrators, successors and assigns, whether or not that Partner was present in person or voted against any resolution so passed.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Telesat Partnership LP), Limited Partnership Agreement (Telesat Corp), Limited Partnership Agreement (Telesat Partnership LP)

Powers of Limited Partners; Resolutions Binding. The Limited Partners will shall have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner all the Partners and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that any such Partner was present in person or by proxy, or voted against against, withheld from voting on, or failed to vote on, any resolution so passed.

Appears in 3 contracts

Samples: Amended and Restated Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

Powers of Limited Partners; Resolutions Binding. The Limited Partners will shall have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner all the Partners, or the Partners of a particular Class, as the case may be, and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that any such Partner was present in person or voted against any resolution so passed.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Powers of Limited Partners; Resolutions Binding. The Limited Partners will shall have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner all the Partners and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that any such Partner was present in person or represented by proxy or voted against any resolution so passed.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Powers of Limited Partners; Resolutions Binding. The Limited Partners will have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner all the Limited Partners and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that any such Limited Partner was present in person or voted against any resolution so passed.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Powers of Limited Partners; Resolutions Binding. The Limited Partners will shall have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner all the Partners and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that any such Partner was present in person or voted against any resolution so passed.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Atlantic Oklahoma Wind, LLC)

Powers of Limited Partners; Resolutions Binding. The Limited Partners will have only the powers set out in this Agreement and any additional powers provided by Lawthe Act or otherwise by law. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner and that Partner’s respective heirs, executors, administrators, successors and assigns, whether or not that Partner was present in person or voted against any resolution so passed.

Appears in 1 contract

Samples: Limited Partnership Agreement

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Powers of Limited Partners; Resolutions Binding. The Subject to the terms of the Securityholders’ Agreements, the Limited Partners will have only the powers set out in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner and that Partner’s respective heirs, executors, administrators, successors and assigns, whether or not that Partner was present in person or voted against any resolution so passed.

Appears in 1 contract

Samples: Limited Partnership Agreement (Abitibi Consolidated Inc)

Powers of Limited Partners; Resolutions Binding. The Limited Partners will have only the powers set out in this Agreement and any additional powers provided by Lawthe Act or otherwise by law. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner and that Partner’s 's respective heirs, executors, administrators, successors and assigns, whether or not that Partner was present in person or voted against any resolution so passed.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cinram International Income Fund)

Powers of Limited Partners; Resolutions Binding. The Limited Partners will shall have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution passed in accordance with this Agreement will be binding on each Partner all the Partners and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that any such Partner was present in person or voted against any resolution so passed.

Appears in 1 contract

Samples: Limited Partnership Agreement

Powers of Limited Partners; Resolutions Binding. The Limited Partners will shall have only the powers set out forth in this Agreement and any additional powers provided by Lawlaw. Subject to the foregoing sentence, any resolution anyresolution passed in accordance with this Agreement will be binding on each Partner all the Partners and that Partner’s their respective heirs, executors, administrators, successors and assigns, whether or not that anysuch Partner was present in person or represented by proxy or voted against any resolution so passed.

Appears in 1 contract

Samples: Limited Partnership Agreement

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