Common use of Partnership Action Clause in Contracts

Partnership Action. As used in this Agreement, the term "Partnership Action" shall mean authorization by a majority of the General Partners at that time.

Appears in 2 contracts

Sources: Limited Partnership Agreement (Blue Chip Merger Subsidiary Inc), Limited Partnership Agreement (Blue Chip Merger Subsidiary Inc)

Partnership Action. As used in this Agreement, the term ------------- ------------------ "Partnership Action" shall mean authorization by a majority of the General Partners at that time.

Appears in 1 contract

Sources: Limited Partnership Agreement (Encore Industries Inc /Ga)