Common use of Right to Rely on Authority of General Partner Clause in Contracts

Right to Rely on Authority of General Partner. No Person that is not a Partner, in dealing with the General Partner, shall be required to determine such General Partner's authority to make any commitment or engage in any undertaking on behalf of the Partnership, or to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.

Appears in 4 contracts

Samples: Limited Partnership Agreement, Met Ed Capital Trust, Pennsylvania Electric Co

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Right to Rely on Authority of General Partner. No Person that is not a Partner, in person dealing with the General Partner, Partner shall be required to determine such General Partner's its authority to make any commitment or engage in any undertaking on behalf of the Partnership, or nor to determine any fact or circumstance bearing upon the existence of the authority of the General Partnerits authority.

Appears in 3 contracts

Samples: Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc), Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc), Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc)

Right to Rely on Authority of General Partner. No Person that is not a Partner, in person dealing --------------------------------------------- with the General Partner, Partner shall be required to determine such General Partner's its authority to make any commitment or engage in any undertaking on behalf of the Partnership, or nor to determine any fact or circumstance bearing upon the existence of the authority of the General Partnerits authority.

Appears in 3 contracts

Samples: Certificate and Agreement (Flanigans Enterprises Inc), Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc), Certificate and Agreement (Flanigans Enterprises Inc)

Right to Rely on Authority of General Partner. No Person that is not a Partner, in dealing with the General Partner, Partner shall be required to determine such the authority of the General Partner's authority Partner to make any commitment or engage in any undertaking on behalf of the Partnership, or to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.. Every Document executed by the General Partner shall be conclusive evidence in favor of every Person relying thereon or claiming thereunder that:

Appears in 2 contracts

Samples: Limited Partnership Agreement (CNL Income Mesa Del Sol, LLC), Limited Liability Limited Partnership Agreement (CNL Income Properties Inc)

Right to Rely on Authority of General Partner. No Person that is not a Partner, in dealing with the General Partner, shall be required to determine such General 13 Partner's authority to make any commitment or engage in any undertaking on behalf of the Partnership, or to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.

Appears in 1 contract

Samples: Metropolitan Edison Co

Right to Rely on Authority of General Partner. No Person that is not a Partner, in dealing with the General Partner, Partner shall be required to determine such the authority of the General Partner's authority Partner to make any commitment or engage in any undertaking on behalf of the PartnershipCompany, or to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.. Every Document executed by the General Partner shall be conclusive evidence in favor of every Person (other than the Partners) relying thereon or claiming thereunder that:

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (CNL Income Properties Inc)

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Right to Rely on Authority of General Partner. No Person that is not a Partner, in person dealing with the General Partner, Partner shall be required to determine such General Partner's its authority to make any commitment or engage in any undertaking on behalf of the Partnership, or nor to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.its authority. 13.11

Appears in 1 contract

Samples: Certificate and Agreement (Flanigans Enterprises Inc)

Right to Rely on Authority of General Partner. No Person that is not a Partner, in dealing with the General Partner, shall be required to determine such the General Partner's ’s authority to make any commitment or engage in any undertaking on behalf of the Partnership, Partnership or to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement

Right to Rely on Authority of General Partner. No Person that is not a Partner, in dealing with the General Partner, Partner shall be required to determine such the authority of the General Partner's authority Partner to make any commitment or engage in any undertaking on behalf of the Partnership, or to determine any fact or circumstance bearing upon the existence of the authority of the General Partner.. Unless the Person relying on such Document knows otherwise, every Document executed by the General Partner shall be conclusive evidence in favor of every Person relying thereon or claiming thereunder that:

Appears in 1 contract

Samples: Limited Partnership Agreement (CNL Income Properties Inc)

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