SURVIVAL OF POWER. It is expressly intended by each of the Partners that the foregoing power of attorney is coupled with an interest, is irrevocable and shall survive the death, incompetence, dissolution, liquidation or adjudication of insanity or bankruptcy or insolvency of each such Partner. The foregoing power of attorney shall survive the delivery of an assignment by any of the Partners of such Partner's entire interest in the Partnership, except that where an assignee of such entire interest has become a substitute Limited Partner, then the foregoing power of attorney of the assignor Partner shall survive the delivery of such assignment for the sole purpose of enabling the General Partner to execute, acknowledge and file any and all instruments necessary to effectuate such substitution.
SURVIVAL OF POWER. It is expressly intended by each Member that the foregoing power of attorney is coupled with an interest, is irrevocable and shall survive the death, retirement or adjudication of incompetency of such Member. The foregoing power of attorney shall survive the delivery of an assignment by the Member of its entire interest in the Company, except that where an assignee of such entire interest has become a Substitute Member, then the foregoing power of attorney of the assignor Member shall survive the delivery of such assignment for the sole purpose of enabling the Managing Member to execute, acknowledge and file any and all instruments necessary to effectuate such substitution.
SURVIVAL OF POWER. It is expressly intended by each of the Members that the foregoing power of attorney is coupled with an interest, is irrevocable and shall survive the death, incompetence, dissolution, liquidation or adjudication of insanity or bankruptcy or insolvency of each such Member. The foregoing power of attorney shall survive the delivery of an assignment by any of the Members of such Member’s entire interest in the Company, except that where an assignee of such entire interest has become a Substitute Member, then the foregoing power of attorney of the assignor Member shall survive the delivery of such assignment for the sole purpose of enabling the Manager to execute, acknowledge and file any and all instruments necessary to effectuate such substitution.
SURVIVAL OF POWER. The power of attorney referenced in Section 10.1 hereof shall not be revoked and shall survive the Transfer by a Member of all or part of its Membership Unit and it shall be coupled with such Membership Unit and shall survive the death, incapacity or dissolution of any Member. Any Person dealing with the Company may conclusively presume and rely upon the fact that any instrument executed by the Manager is authorized, regular and binding without further inquiry. The power of attorney referenced in Section 10.1 hereof may be exercised for each Member by the signature of the Manager or by listing the names of all the Members and executing any instrument with the signature of the Manager acting as attorney-in-fact for all of them.
SURVIVAL OF POWER. It is expressly intended by each Member that the foregoing power of attorney is coupled with an interest, is irrevocable and shall survive the death, retirement or adjudication of incompetency of such Member.
SURVIVAL OF POWER. The appointment by all Partners of the General Partner as attorney-in-fact shall be deemed to be a power coupled with an interest, in recognition of the fact that each of the Partners under this Agreement will be relying upon the power of the General Partner to act as contemplated by this Agreement in any filing and other action on behalf of the Partnership, and shall survive the bankruptcy, death or incompetence of any Partner hereby giving such power and the sale, transfer or other assignment of all or any part of the interest of such Partner; provided, however, that in the event of the assignment by a Partner of all or any part of such Partner’s interest, the foregoing power of attorney shall terminate as to the assignor Limited Partner if, and at such time as, a substitute Limited Partner is admitted to the Partnership with respect to the assigned interest and all required documents and instruments including, without limitation, a power of attorney executed by the substitute Limited Partner shall have been duly executed, filed and recorded to effect such substitution in accordance with Section 12.3 of this Agreement.
SURVIVAL OF POWER. The provisions of this Section 4.6 shall survive the termination of the Company or the termination of any Member’s Unit and shall remain binding on the Members for as long a period of time as is necessary to resolve with the U.S. Internal Revenue Service any and all matters regarding the U.S. federal income taxation of the Company or the Members.
SURVIVAL OF POWER. It is expressly intended by each Limited Partner that the foregoing power of attorney is coupled with an interest, is irrevocable and shall survive the dissolution of such Limited Partner. The foregoing power of attorney shall survive the delivery of an assignment by any of the Limited Partners of such Limited Partner's entire interest in the Partnership, except that where an assignee of such entire interest has become a Substitute Limited Partner, then the foregoing power of attorney of the assignor Partner shall survive the delivery of such assignment for the sole purpose of enabling the General Partner to execute, acknowledge and file any and all instruments necessary to effectuate such substitution.
SURVIVAL OF POWER. The existence of this power of attorney shall not preclude execution of any such instrument by a Member individually on any such matter. This limited power of attorney shall not be revoked and shall survive the assignment or transfer by a Member of all or part of its Interest in the Company and, being coupled with an interest, shall survive the death, incapacity or dissolution of the Member to the extent that it may legally contract for such survival. Any person dealing with the Company may conclusively presume and rely upon the fact that any such instrument executed by such agent and attorney-in-fact is authorized, regular and binding without further inquiry.
SURVIVAL OF POWER. The foregoing power of attorney is coupled with an interest and shall be irrevocable and survive the death, dissolution, bankruptcy or incapacity of any Class B Member. SCHEDULE A, any amendments thereto or any amendments to this Agreement, as aforesaid, when prepared by said attorney-in-fact shall be deemed a part of this Agreement and incorporated herein by reference, as of the effective date of such SCHEDULE A, amendment thereto or amendment to this Agreement, to the same extent as if attached hereto and incorporated herein by this reference on the date hereof.
