Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner or the Transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner as a limited partner of the Fund.
Appears in 9 contracts
Sources: Limited Partnership Agreement (NB Crossroads Private Markets Fund VII LP), Limited Partnership Agreement (NB Crossroads Private Markets Fund VI LP), Limited Partnership Agreement (NB Crossroads Private Markets Fund VI Custody LP)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer of any or all of such Limited PartnerMember’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner as a limited partner of the FundMembership Interests.
Appears in 9 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Excelsior Private Markets Fund III (TE), LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund III (Master), LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Investor or the Transfer transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner as a limited partner of the FundInvestor's Shares.
Appears in 6 contracts
Sources: Operating Agreement (Vcvillage Com Opportunity Fund LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Vcvillage Com Opportunity Fund LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner or the Transfer transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner as a limited partner of the Fund's Units.
Appears in 4 contracts
Sources: Limited Partnership Agreement (Technology Funding Venture Partners V), Limited Partnership Agreement (Technology Funding Venture Partners Iv), Limited Partnership Agreement (Technology Funding Venture Partners Iv)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner as a limited partner of the FundMember's Units.
Appears in 4 contracts
Sources: Operating Agreement (Excelsior Venture Partners Iii LLC), Operating Agreement (Excelsior Venture Partners Iii LLC), Operating Agreement (Excelsior Venture Partners Fund Iii LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer of any or all of such Limited PartnerMember’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner as a limited partner of the FundUnits.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV Holdings LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TI) - Client LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TE) - Client LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner or the Transfer transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund 's Shares or the complete withdrawal of such Limited Partner as a limited partner of the FundPreferred Interests.
Appears in 1 contract
Sources: Limited Partnership Agreement (RIC Coinvestment Fund LP)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer of any or all of such Limited Partner’s InterestMember's Shares; provided, however, that this power of attorney granted by each Limited Partner Member shall expire as to such Limited Partner Member immediately after the cancellation of the Fund or the complete withdrawal of such Limited Partner Member as a limited partner Member of the Fund.
Appears in 1 contract
Sources: Limited Liability Company Agreement (NB Crossroads Private Markets Access Fund LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund Member's Shares or the complete withdrawal of such Limited Partner as a limited partner of the FundPreferred Interests.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Fortress Pinnacle Investment Fund LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocableirrevocable except that it shall become revocable upon a Trigger Notification. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer transfer of any or all of such Limited Partner’s Interest; provided, however, that this power of attorney granted by each Limited Partner shall expire as to such Limited Partner immediately after the cancellation of the Fund Member's Shares or the complete withdrawal of such Limited Partner as a limited partner of the FundPreferred Interests.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Fortress Brookdale Investment Fund LLC)
Irrevocability. The foregoing power of attorney is coupled with an interest and such grant shall be irrevocable. Such power of attorney shall survive the subsequent Incapacity of any such Limited Partner Member or the Transfer of any or all of such Limited PartnerMember’s InterestShares; provided, however, that this power of attorney granted by each Limited Partner Member shall expire as to such Limited Partner Member immediately after the cancellation termination of the Fund or the complete withdrawal resignation of such Limited Partner Member as a limited partner Member of the Fund.
Appears in 1 contract
Sources: Limited Liability Company Agreement (HL Scope RIC LLC)