Specific Limitations on the General Partner. Notwithstanding anything to the contrary in this Agreement or the Act, without the prior written approval of all of the Limited Partners to the specific act in question, the General Partner shall have no right, power or authority to do any of the following acts, each of which is considered outside the ordinary course of Partnership business: (a) To do any act in contravention of this Agreement; (b) Except pursuant to Section 3.3 and/or Section 8.1(l) hereof, to change or reorganize the Partnership into any other legal form; or (c) To knowingly perform any act that would subject any Limited Partner to liability as a general partner in any jurisdiction.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc)
Specific Limitations on the General Partner. Notwithstanding anything to the contrary in this Agreement or the Act, without the prior written approval of all of the Limited Partners to the specific act in question, the General Partner shall have no right, power or authority to do any of the following acts, each of which is considered outside the ordinary course of Partnership business:
(a) To do any act in contravention of this Agreement;
(b) Except pursuant to Section 3.3 and/or Section 8.1(l) hereof, to To change or reorganize the Partnership into any other legal form; or
(c) To knowingly perform any act that would subject any Limited Partner to liability as a general partner in any jurisdiction.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Province Healthcare Co)
Specific Limitations on the General Partner. Notwithstanding anything to the contrary in this Agreement or the Act, without the prior written approval of all of the Limited Partners to the specific act in question, the General Partner shall have no right, power or authority to do any of the following acts, each of which is considered outside the ordinary course of Partnership business:
(a) To do any act in contravention of this Agreement;
(b) Except pursuant to Section 3.3 and/or Section 8.1(l) hereof, to change or reorganize the Partnership into any other legal form; or
(cb) To knowingly perform any act that would subject any Limited Partner to liability as a general partner in any jurisdiction.
Appears in 1 contract
Samples: Limited Partnership Agreement (Longview Clinic Operations Company, LLC)
