Restrictions on General Partner’s Authority. A. The General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement without the Consent of the Limited Partners, and may not, without limitation perform any act that would subject a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed or does business except as provided herein or under the Act.
Appears in 3 contracts
Samples: Agreement (Federal Realty OP LP), Agreement (Federal Realty OP LP), Agreement (Brixmor Operating Partnership LP)
Restrictions on General Partner’s Authority. A. The General Partner may not not, without the Consent of all of the Limited Partners, take any action in contravention of an express prohibition or limitation of this Agreement without the Consent of the Limited PartnersAgreement, and may not, without limitation perform including performing any act that would subject a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed or does business any other liability except as provided herein or under the Act.
Appears in 3 contracts
Samples: Gotham Golf Corp, Gotham Golf Corp, Gotham Golf Corp
Restrictions on General Partner’s Authority. A. CONSENT REQUIRED. The General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement or any action that reasonably could be expected to cause the Partnership not to qualify as a "partnership" for federal income tax purposes without the written Consent of (i) all of the Limited Partners, and may not, without limitation perform any act that would subject a Partners (including Limited Partner to liability Interests held by the General Partner) or (ii) such lower percentage of the Limited Partner Interests as may be specifically provided for under a general partner in any jurisdiction in which the Partnership is formed provision of this Agreement or does business except as provided herein or under the Act.
Appears in 1 contract
Samples: Camden Property Trust
Restrictions on General Partner’s Authority. A. The Subject to Section 14.1, the General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement without the written Consent of a majority of the Limited Partners, and Partners (including Limited Partnership Interests held by the General Partner) (or such lower percentage of the Limited Partners as may not, without limitation perform any act that would subject be specifically provided for under a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed provision of this Agreement or does business except as provided herein or under the Act).
Appears in 1 contract
Samples: Capstar Hotel Co
Restrictions on General Partner’s Authority. A. Consent Required. The General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement or any action that reasonably could be expected to cause the Partnership not to qualify as a "partnership" for federal income tax purposes without the written Consent of (i) all of the Limited Partners, and may not, without limitation perform any act that would subject a Partners (including Limited Partner to liability Interests held by the General Partner) or (ii) such lower percentage of the Limited Partner Interests as may be specifically provided for under a general partner in any jurisdiction in which the Partnership is formed provision of this Agreement or does business except as provided herein or under the Act.
Appears in 1 contract
Samples: Camden Property Trust
Restrictions on General Partner’s Authority. A. CONSENT REQUIRED. The General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement without the written Consent of (i) all Partners adversely affected or (ii) such lower percentage of the Limited Partners, and 38 Partnership Interests as may not, without limitation perform any act that would subject be specifically provided for under a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed provision of this Agreement or does business except as provided herein or under the Act.
Appears in 1 contract
Samples: Sl Green Realty Corp
Restrictions on General Partner’s Authority. A. The General Partner may not not, without the written consent of all of the Limited Partners, take any action in contravention of an express prohibition or limitation of contained in this Agreement without the Consent of the Limited Partners, and may not, without limitation perform any act that would subject a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed or does business except as provided herein or under the ActAgreement.
Appears in 1 contract
Samples: Price Development Co Lp
Restrictions on General Partner’s Authority. A. Consent Required. The General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement without the written Consent of (i) all Partners adversely affected or (ii) such lower percentage of the Limited Partners, and Partnership Interests as may not, without limitation perform any act that would subject be specifically provided for under a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed provision of this Agreement or does business except as provided herein or under the Act.
Appears in 1 contract
Samples: LaSalle Hotel Properties
Restrictions on General Partner’s Authority. A. CONSENT REQUIRED. The General Partner may not take any action in contravention of an express prohibition or limitation of this Agreement without the written Consent of (i) all Partners adversely affected or (ii) such lower percentage of the Limited Partners, and Partnership Interests as may not, without limitation perform any act that would subject be specifically provided for under a Limited Partner to liability as a general partner in any jurisdiction in which the Partnership is formed provision of this Agreement or does business except as provided herein or under the Act.
Appears in 1 contract
Samples: Sl Green Realty Corp