Common use of Release by Partnership Clause in Contracts

Release by Partnership. On the resignation or removal of the General Partner, the Partnership will release and hold harmless the General Partner resigning or being removed, from any costs, expenses, damages or liabilities suffered or incurred by the General Partner as a result of or arising out of events which occur in relation to the Partnership after that resignation or removal.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Restaurant Brands International Inc.), Exempted Limited Partnership Agreement, Exempted Limited Partnership Agreement (Broadcom Cayman L.P.)

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Release by Partnership. On the resignation or removal of the General Partner, the Partnership will release and hold harmless the General Partner resigning or being removed, from any costs, expenses, damages or liabilities suffered or incurred by the General Partner (in its capacity as such, but not in its capacity as TopCo) as a result of or arising out of events which occur in relation to the Partnership after that resignation or removalresignation.

Appears in 7 contracts

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

Release by Partnership. On the resignation resignation, removal or removal withdrawal of the General Partner, the Partnership will release and hold harmless the General Partner resigning or resigning, being removed, or withdrawing from any costs, expenses, damages or liabilities suffered or incurred by the General Partner as a result of or arising out of events which occur in relation to the Partnership after that resignation such resignation, removal or removalwithdrawal.

Appears in 3 contracts

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

Release by Partnership. On the resignation or removal of the General Partner, the Partnership will release and hold harmless the General Partner resigning or being removed, from any costs, expensesdamages, damages liabilities or liabilities expenses suffered or incurred by the General Partner as a result of or arising out of events events, other than any wilful act or omission by the General Partner, which occur in relation to the Partnership after that such resignation or removal.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

Release by Partnership. On the resignation or removal of the a General Partner, the Partnership will release and hold harmless the General Partner resigning or being removed, from any costs, expenses, damages or liabilities suffered or incurred by the General Partner as a result of or arising out of events which occur in relation to the Partnership after that resignation or removalsuch resignation.

Appears in 1 contract

Samples: Limited Partnership Agreement (Enerplus Resources Fund)

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Release by Partnership. On the resignation or removal of the General Partner, the Partnership will release and hold harmless the General Partner resigning or being removed, from any costs, expenses, damages or liabilities suffered or incurred by the General Partner as a result of or arising out of events which occur in relation to the Partnership after that such resignation or removal.

Appears in 1 contract

Samples: Limited Partnership Agreement

Release by Partnership. On the resignation or removal of the General Partner, the Partnership will shall release and hold harmless the removed General Partner resigning or being removedand its directors, officers, shareholders, employees and agents from any costs, expenses, damages or liabilities suffered or incurred by the General Partner as a result of or arising out of events which occur in relation to the Partnership after that resignation or such removal.

Appears in 1 contract

Samples: Limited Partnership Agreement

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