Common use of Consent of Limited Partners Clause in Contracts

Consent of Limited Partners. By acceptance of a Unit, each Limited Partner expressly approves and agrees that whenever in this Agreement it is specified that an action may be taken upon the affirmative vote of less than all the Limited Partners, such action may be so taken and each such Limited Partner shall be bound by the results of such action.

Appears in 2 contracts

Samples: Heartland Partners L P, Oppenheimer Capital L P /De/

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Consent of Limited Partners. By acceptance of a UnitLP Certificate, each Limited Partner expressly approves and agrees that that, whenever in this Agreement it is specified that an action may be taken upon the affirmative vote of less than all of the Limited Partners, such action may be so taken upon the concurrence of less than all of the Limited Partners and each such present and future Limited Partner shall be bound by the results of such action.

Appears in 2 contracts

Samples: www.alliancebernstein.com, Alliance Capital Management Holding Lp

Consent of Limited Partners. By acceptance of a UnitUnit Certificate, each Limited Partner expressly approves and agrees that that, whenever in this Agreement it is specified that an action may be taken upon the affirmative vote of less than all of the Limited Partners, such action may be so taken upon the concurrence of less than all of the Limited Partners and each such Limited Partner shall be bound by the results of such action.

Appears in 2 contracts

Samples: Kaneb Pipe Line Partners L P, Kaneb Pipe Line Partners L P

Consent of Limited Partners. By acceptance of a Unit, each Limited Partner expressly approves consents and agrees that that, whenever in this Agreement it is specified that an action may be taken upon the affirmative vote of less than all of the Limited Partners, such action may be so taken upon the concurrence of less than all of the Limited Partners and each such Limited Partner shall be bound by the results of such action.

Appears in 1 contract

Samples: Castle Creek Partners L P

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Consent of Limited Partners. By acceptance of a Unit, each Each Limited Partner hereby expressly approves consents and agrees that that, whenever in this Agreement it is specified that an action may be taken upon the affirmative vote or approval of less than all of the Limited Partners, such action may be so taken upon the concurrence of less than all of the Limited Partners and each such Limited Partner shall be bound by the results of such action.

Appears in 1 contract

Samples: FFP Real Estate Trust

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