Power Coupled With an Interest Sample Clauses

Power Coupled With an Interest. The appointment by the Limited Partners and the Special Limited Partner of the General Partner (and the Tax Matters Partner, to the extent applicable) and the aforesaid officers of the General Partner (and the Tax Matters Partner, to the extent applicable) as attorney-in-fact shall be deemed to be a power coupled with an interest, in recognition of the fact that each of the Partners under this Agreement will be relying upon the power of the General Partner to act as contemplated by this Agreement in any filing and other action by it on behalf of the Partnership, and shall survive, and not be affected by, the subsequent bankruptcy, death, incapacity, disability, adjudication of incompetence or insanity or dissolution of any Person hereby giving such power and the transfer or assignment of all or any part of the Interest of such Person; provided, however, that in the event of a permitted transfer by a Limited Partner or the Special Limited Partner of all of its Interest, the foregoing power of attorney of a transferor Partner shall survive such transfer only until such time as the transferee shall have been admitted to the Partnership as a substituted Partner and all required documents and instruments shall have been duly executed, filed and recorded to effect such substitution.
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Power Coupled With an Interest. The grant of authority by each Limited Partner in Section 18.01:
Power Coupled With an Interest. The power-of-attorney given in Section 9.05 shall be a power coupled with an interest which, together with the license given in Section 9.04, cannot be revoked until the Completion of the Improvements in accordance with this Agreement.
Power Coupled With an Interest. The power of attorney granted to the Collateral Trustee under Section 3.1 hereof is a power coupled with an interest and shall be irrevocable.
Power Coupled With an Interest. The appointment by Special Limited Partner of each IPT Partner as attorney-in-fact shall be deemed to be a power coupled with an interest, in recognition of the fact that the Special Limited Partner will be relying upon the power of each IPT Partner to act as contemplated by this Agreement in any filing and other action by it on behalf of the Special Limited Partner, and shall survive, and not be affected by, the subsequent bankruptcy, death, incapacity, disability, adjudication of incompetence or insanity or dissolution of the Special Limited Partner hereby giving such power and the transfer or assignment of all or any part of the Special Limited Partner’s Interest; provided, however, that the foregoing power of attorney of each IPT Partner shall survive only until such time as all required documents and instruments shall have been duly executed, filed and recorded to consummate the Sale.
Power Coupled With an Interest. FACSIMILE SIGNATURES; SURVIVAL. The foregoing grant of authority: (i) is an irrevocable special power of attorney coupled with an interest and will survive the disability or incapacity of any person giving such power; (ii) may be exercised by a facsimile signature of the person giving the power or by listing the name of such person together with the names of all other persons for whom such attorney is so acting, and executing the Partnership Agreement and such other certificates, instruments, and documents with the single signature of the General Partner or of the President, Vice President or Secretary of the General Partner as such Attorney-in-Fact acting for all the Persons whose names are so listed; and (iii) will survive the delivery of any assignment by a Limited Partner of his Limited Partnership Interest. ARTICLE EIGHTEEN ---------------- MISCELLANEOUS -------------
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Power Coupled With an Interest. The foregoing grant of authority by each Limited Partner:
Power Coupled With an Interest. This special power of attorney: (i) is coupled with an interest, (ii) is irrevocable, (iii) shall survive the death, dissolution or incapacity of the granting Limited Partner, and (iv) is limited to the matters set forth in this Article 12. The General Partner may exercise the special power of attorney on behalf of each Limited Partner by a facsimile signature of the General Partner acting as an attorney-in-fact for all of the Limited Partners.
Power Coupled With an Interest. The Company hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security interests created hereby are released.
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