Special Restrictions for AFCM Sample Clauses

Special Restrictions for AFCM. Beyond and in addition to the terms of this Agreement, AFCM must adhere to the following restrictions at all times in order to remain a Limited Partner absent express written consent of the General Partner. Any failure to do so will be considered a default under 16.1.3. (i) To change the management company of AFCM to a Person other than Kouta Matsuda or Person controlled by Kouta Matsuda either through the ownership of securities or by contract (a “Controlled Entity”), approval of the General Partner must be sought and received in writing a minimum of 30 days in advance. The General Partner shall be given a minimum of 30 days to make this decision. ▇▇▇▇▇’▇ COFFEE ASIA PACIFIC PARTNERS, LP PARTNERSHIP AGREEMENT PAGE 14 OF 29 (ii) Kouta Matsuda or a Controlled Entity shall have the sole power to manage, operate and control the affairs of AFCM. (iii) AFCM may not make investments that would be considered a competitive conflict of interest to the Partnership or the partners. (iv) Investors in AFCM or a Controlled Entity must not be: (a) engaged in the retail coffee business, (b) a person or entity of questionable moral or financial character, or (c) a person or entity who would place the Partnership in violation of United States law, such as the Patriot Act.