Consent of the Partners Sample Clauses

Consent of the Partners. Notwithstanding Section 5.02 to the contrary, without the consent of Limited Partners holding a majority of the Allocation Percentages of all Limited Partners at such time, in no event shall the General Partner take any action outside the scope of the purposes of the Partnership.
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Consent of the Partners. The General Partner, in its capacity as general partner of the Partnership, and Purchaser, in its capacity as a limited partner of the Partnership, hereby acknowledge and consent to the transfer of the Partnership Interest from Seller to Purchaser.
Consent of the Partners. Notwithstanding Section 5.02 to the contrary, without the consent of Limited Partners holding a majority of the Allocation Percentages of all Limited Partners at such time, in no event shall the GP take any action outside the scope of the purposes of the Partnership.
Consent of the Partners. By their execution of this Agreement, each ----------------------- of PEI and the Limited Partners hereby consent to the transactions contemplated hereby pursuant to which the Partners are effecting the Exchange in accordance with the Partnership Agreement in accordance with Article 9 of the Partnership Agreement. Without limitation of the foregoing, the parties consent to the substitution of Petroglyph as a Limited Partner pursuant to Section 9.1 of the Partnership Agreement and the transfer of the shares of PEI by the PEI Stockholders pursuant to Section 9.3 of the Partnership Agreement.
Consent of the Partners. Wherever the consent of Partners is permitted or required under this Agreement, such consent may be given in writing or at a meeting of the Partnership held at the principal place of business of the Partnership pursuant to notice stating the nature of the business to be transacted and delivered to all Partners in the manner described in Section 12.2 not less than 15 nor more than 50 days prior to such meeting.

Related to Consent of the Partners

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

  • Consent of Members Each Member hereby expressly consents and agrees that, whenever in this Agreement it is specified that an action may be taken upon the affirmative vote or consent of less than all of the Members, such action may be so taken upon the concurrence of less than all of the Members and each Member shall be bound by the results of such action.

  • Without Consent of the Holders The Issuer and the Indenture Trustee may amend this Indenture, the Notes or the Security Documents without notice to or consent of any Holder:

  • Management of the Partnership (a) Except as otherwise expressly provided in this Agreement, the General Partner shall have full, complete and exclusive discretion to manage and control the business of the Partnership for the purposes herein stated, and shall make all decisions affecting the business and assets of the Partnership. Subject to the restrictions specifically contained in this Agreement, the powers of the General Partner shall include, without limitation, the authority to take the following actions on behalf of the Partnership:

  • Approval by Limited Partners (a) Except as provided in Section 14.3(d), the General Partner, upon its approval of the Merger Agreement or the Plan of Conversion, as the case may be, shall direct that the Merger Agreement or the Plan of Conversion and the merger, consolidation or conversion contemplated thereby, as applicable, be submitted to a vote of Limited Partners, whether at a special meeting or by written consent, in either case in accordance with the requirements of Article XIII. A copy or a summary of the Merger Agreement or the Plan of Conversion, as the case may be, shall be included in or enclosed with the notice of a special meeting or the written consent.

  • Consent of Master Lessor 9.1 In the event that the Master Lease requires that Sublessor obtain the consent of Master Lessor to any subletting by Sublessor then, this Sublease shall not be effective unless, within ten days of the date hereof, Master Lessor signs this Sublease thereby giving its consent to this Subletting.

  • With Consent of the Holders (a) The Issuer and the Trustee may amend this Indenture or the Notes with the written consent of the Holders of at least a majority in principal amount of the Notes then outstanding voting as a single class (including consents obtained in connection with a tender offer or exchange for the Notes). However, without the consent of each Holder of an outstanding Note affected, an amendment may not:

  • Limited Partners The Limited Partners shall not participate in the general conduct or control of the Partnership’s affairs and shall have no right or authority to act for or to bind the Partnership. The Limited Partners shall not be required to assume, endorse or guarantee any liabilities of the Partnership.

  • Intent of the Parties Except as provided in the next sentence, the sole procedure to resolve any claim arising out of or relating to this Agreement or any related agreement is the dispute resolution procedure set forth in this Article Eighteen. Either Party may seek a preliminary injunction or other provisional judicial remedy if such action is necessary to prevent irreparable harm or preserve the status quo, in which case both Parties nonetheless will continue to pursue resolution of the dispute by means of this procedure.

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