Common use of Sources Clause in Contracts

Sources. Notwithstanding the foregoing, nothing in this Section 9.2 will prohibit the General Partner from causing the Partnership to make such payments if the General Partner determines in its discretion that the Partnership is not likely to obtain sufficient funds from such other sources in a timely fashion, or that attempting to obtain such funds would be futile or not in the best interests of the Partnership. Nothing in this Section 9.2 will prohibit the General Partner from causing the Partnership to advance the funds needed to satisfy its indemnification obligations under this Section 9.2, whether or not the General Partner expects that such amounts will be available from other sources (including insurance policies or otherwise).

Appears in 4 contracts

Samples: Purchase Agreement (Blockstack Token LLC), Purchase Agreement (Blockstack Token LLC), Blockstack Inc.

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!