DELAWARE ACT Sample Clauses

DELAWARE ACT. Notwithstanding anything in this Agreement to the contrary, the Partnership shall not make any distributions except to the extent permitted under the Delaware Act.
DELAWARE ACT. 1 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
DELAWARE ACT. 1.01 DEA............................................ 4.20
DELAWARE ACT. Section 2.1
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DELAWARE ACT. The Delaware Revised Uniform Limited Partnership Act (Del. Code Xxx. tit. 6 Sections 17-101 et seq.), as amended to date and as it may be amended from time to time hereafter, and any successor to such Act.
DELAWARE ACT. Notwithstanding anything in this Agreement to the contrary, the Partnership shall not make any distributions pursuant to this Agreement to the extent such distribution would be prohibited under the Act or other applicable law. A Partner who receives a distribution in violation of this Section 4.6, and who knew at the time of the distribution that the distribution violated this Section 4.6, shall be liable to the Partnership for the amount of the distribution. A Partner who receives a distribution in violation of this Section 4.6, and who did not know at the time of the distribution that the distribution violated this Section 4.6, shall not be liable for the amount of the distribution.
DELAWARE ACT. 6 Demand..................................................................................................................................................................... 6
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