Common use of Determinations Conclusive Clause in Contracts

Determinations Conclusive. The value of each asset of the Fund and the Net Asset Value of the Fund determined pursuant to this Article 3 will be conclusive and binding on all of the Partners and all parties claiming through or under them absent bad faith or manifest error on the part of the General Partner.

Appears in 12 contracts

Sources: Limited Partnership Agreement (MA Managed Futures Fund, LP), Limited Partnership Agreement (MA Managed Futures Fund, LP), Limited Partnership Agreement (MA Managed Futures Fund, LP)