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

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners or by other written instrument executed and delivered by all of the Limited Partners subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable law; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 14 contracts

Samples: Contribution Agreement (Enbridge Energy Partners Lp), Contribution Agreement (Enbridge Energy Partners Lp), www.lw.com

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Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners Partner or by other written instrument executed and delivered by all of the Limited Partners Partner subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable lawAgreement; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 11 contracts

Samples: Ferrellgas Partners Finance Corp, Partnership Agreement (Ferrellgas Finance Corp), Contribution Agreement (Eott Energy Canada Lp)

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners or by other written instrument executed and delivered by all of the Limited Partners subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable lawAgreement; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 6 contracts

Samples: ir-west.enterpriseproducts.com, Teppco Partners Lp, Terra Nitrogen Co L P /De

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners Outstanding Common Units or by other written instrument executed and delivered by all of the Limited Partners Outstanding Common Units subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable lawAgreement; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 5 contracts

Samples: Ferrellgas Partners Finance Corp, Ferrellgas Finance Corp, Agreement (Ferrellgas Partners Finance Corp)

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners Partner or by other written instrument executed and delivered by all of the Limited Partners Partner subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitationexcept as otherwise provided in this Agreement, (i) committing any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess possessing Partnership property, or assign assigning any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit admitting a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend amending this Agreement in any manner, except as otherwise provided in this Agreement or applicable law; or (v) transfer transferring its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 4 contracts

Samples: Star Gas Finance Co, Agreement (Ap Eagle Finance Corp), Amerigas Partners Lp

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners Partner or by other written instrument executed and delivered by all of the Limited Partners Partner subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitationexcept as otherwise provided in this Agreement, (i) committing any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess possessing Partnership property, or assign assigning any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit admitting a Person as a Partner, except as otherwise provided in this Agreement; or (iv) amend amending this Agreement in any manner, except as otherwise provided in this Agreement or applicable law; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 3 contracts

Samples: Reorganization Agreement (Enterprise Products Partners L P), Reorganization Agreement (Enterprise Products Partners L P), Enterprise Products Partners L P

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners Partner or by other written instrument executed and delivered by all of the Limited Partners Partner subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or Or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable lawAgreement; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Teppco Partners Lp, Teppco Partners Lp

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all holders of a Majority of the Limited Partners Outstanding Partnership Units or by other written instrument executed and delivered by all the holders of at least 80% of the Limited Partners Outstanding Partnership Units subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable law; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Original Agreement (Felcor Lodging L P), Original Agreement (Felcor Lodging Trust Inc)

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Restrictions on General Partner’s Authority. (a) The General Partner may not, without the written approval of the specific act by all of the Limited Partners or by other written instrument executed and delivered by all of the Limited Partners subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) take any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable lawAgreement; or (v) transfer its interest as general partner General Partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 2 contracts

Samples: Plum Creek Timber Co L P, Plum Creek Timber Co L P

Restrictions on General Partner’s Authority. (a) The General Partner may not, . without written approval of the specific act by all of the Limited Partners Outstanding Limits or by other written instrument executed and delivered by all of the Limited Partners Outstanding Units subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitationexcept as otherwise provided in this Agreement, (i) committing any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess possessing Partnership property, or assign assigning any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit admitting a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend amending this Agreement in any manner, except as otherwise provided in this Agreement or applicable law; or (v) transfer transferring its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 1 contract

Samples: Star Gas Finance Co

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners or by other written instrument executed and delivered by all of the Limited Partners subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable lawAgreement; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.

Appears in 1 contract

Samples: Terra Nitrogen Co L P /De

Restrictions on General Partner’s Authority. (a) The General Partner may not, without written approval of the specific act by all of the Limited Partners or by other written instrument executed and delivered by all of the Limited Partners subsequent to the date of this Agreement, take any action in contravention of this Agreement, including, without limitation, (i) any act that would make it impossible to carry on the ordinary business of the Partnership, except as otherwise provided in this Agreement; (ii) possess Partnership property, or assign any rights in specific Partnership property, for other than a Partnership purpose; (iii) admit a Person as a Partner, except as otherwise provided in this Agreement; (iv) amend this Agreement in any manner, except as otherwise provided in this Agreement or applicable law; or (v) transfer its interest as general partner of the Partnership, except as otherwise provided in this Agreement.. 91

Appears in 1 contract

Samples: www.lw.com

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