Examples of Management Limited Partners in a sentence
The Management Limited Partners hereby agree to enter into any such Management Limited Partners agreement or management shareholders agreement.
None of the General Partner, as such, the Partners that are not Management Limited Partners and none of their respective Affiliates shall be obligated to do or perform any act or thing in connection with the business of the Partnership not expressly set forth in this Agreement.
It is contemplated that the Management Limited Partners, the company formed by such Restructuring Event and, in the discretion of the Apollo Group, the Apollo Group, would enter a partnership agreement, limited liability company agreement or management shareholders agreement, as the case may be, in conjunction with such Restructuring Event, containing provisions substantially similar to the provisions of this Agreement.
Management Limited Partners shall have no rights under this Section 9.1 following the consummation of a Qualified Public Offering.
Each of the General Partner, as such, the Partners that are not Management Limited Partners, the Non-Employee Directors and their respective Affiliates shall have the right to take any investment opportunity for its own account (as a Partner or fiduciary), and to recommend, assign or otherwise transfer any investment opportunity to, or deal in any investment opportunity with, any other Person, regardless of whether such investment opportunity may be deemed to be a “Competitive Opportunity”.
The QBS method cannot be used to contract for other services that may be provided by an A/E firm unless specifically authorized.
Notwithstanding anything to the contrary contained herein, the representations and warranties under this Article XIII shall be deemed not to be made by Management Limited Partners not executing this Agreement or a joinder agreement to this Agreement.
Upon receipt of the Other Partners’ notices, the Partnership will notify such Management Limited Partners of the Other Partners’ elections and such Management Limited Partner will be obligated to sell to the Other Partners the number of such Management Interests determined in accordance with this Section 12.2(b).
If the General Partner shall elect to take the action referred to in clause (i), the Partnership shall use commercially reasonable efforts to cooperate with Management Limited Partners so the IPO Conversion, to the extent possible, is undertaken in a tax-efficient manner for all Management Limited Partners.
Subject to the last sentence of this Section 6.6, nothing in this Agreement shall restrict or prohibit any of (i) the Partners that are not Management Limited Partners or (ii) any Non-Employee Directors or (iii) any of their respective Affiliates from having business interests and engaging in business activities in addition to those relating to the Partnership, including, without limitation, business interests and activities in direct competition with the Partnership or any of its Subsidiaries.