Common use of Restrictions on Authority of General Partner Clause in Contracts

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by law, the General Partner shall have no authority to act on behalf of the Partnership with respect to, and are expressly prohibited from undertaking, the following: 1. Doing any act in contravention of this Agreement; 2. Except as provided in this Agreement and except in connection with the liquidation and winding up of the business of the Partnership upon its termination and dissolution, doing any act which would make it impossible to carry on the ordinary business of the Partnership;

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by law6.3.1 Without the consent of all of the Partners, the General Partner shall not have no the authority to act on behalf of the Partnership with respect to, and are expressly prohibited from undertaking, the following: 1. Doing any act (a) amend this Agreement in contravention violation of Section 14.2; (b) possess Partnership property for other than a Partnership purpose; (c) admit a Person as a General Partner, except as provided in this Agreement; 2. Except as provided (d) take any action, or fail to take any action in this Agreement and except in connection with the liquidation and winding up violation of the business terms of the Partnership upon its termination and dissolution, doing this Agreement; or (e) knowingly perform any act which that would make it impossible subject any Limited Partner to carry on the ordinary business of the Partnership;liability as a general partner in any jurisdiction.

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by law, the General Partner shall have no authority to act on behalf of the Partnership with respect to, and are is expressly prohibited from undertaking, the following: 1. Doing any act in contravention of this Agreement; 2. Except as provided in this Agreement and except in connection with the liquidation and winding up of the business of the Partnership upon its termination and dissolution, doing any act which would make it impossible to carry on the ordinary business of the Partnership;

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by law5.5.1 Without the consent of all of the Partners, the no General Partner shall have no the authority to act on behalf of the Partnership with respect to, and are expressly prohibited from undertaking, the following: 1. Doing (a) do any act in contravention of this Agreement; 2. Except as provided in this Agreement and except in connection with the liquidation and winding up of the business of the Partnership upon its termination and dissolution, doing (b) do any act which would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (c) confess a judgment against the Partnership; (d) possess Partnership Property, or assign rights in specific Partnership Property, for other than a Partnership purpose; (e) knowingly perform any act that would subject any Limited Partner to liability as a general partner in any jurisdiction; or

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by lawNotwithstanding Section 6.1, the General Partner shall not have no the authority to act on behalf do any of the Partnership with respect to, and are expressly prohibited from undertaking, following without the followingprior written consent of all of the Limited Partners: 1. Doing any act in contravention of this Agreement; 2. Except as provided in this Agreement and except in connection with the liquidation and winding up of the business of the Partnership upon its termination and dissolution, doing (i) do any act which would make it impossible to carry on the ordinary business of the Partnership, except as otherwise specifically permitted by this Agreement, including, without limitation, Section 6.1 hereof; (ii) do any act in contravention of this Agreement; (iii) extend the term of the Partnership; or (iv) perform any act that would subject any Limited Partner to liability as a general partner.

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by law, the General Partner shall have no authority to act on behalf of the Partnership with respect to, and are is expressly prohibited from undertaking, the following: 1. Doing any act in contravention of this Agreement; 2. Except as provided in this Agreement and except in connection with the liquidation and winding up of the business of the Partnership upon its termination and dissolution, doing any act which would make it impossible to carry on the ordinary business of the Partnership;of

Restrictions on Authority of General Partner. In addition to other acts expressly prohibited or restricted by this Agreement or by law, the General Partner shall have no authority to act on behalf of the Partnership with respect to, and are expressly prohibited from undertaking, the following: 1. Doing any act in contravention of this Agreement; 2. Except as provided in this Agreement and except in connection with the liquidation and winding up of the business of the Partnership upon its termination and dissolution, doing any act which would make it impossible to carry on the ordinary business of the Partnership;