Common use of Procedure for Consent Clause in Contracts

Procedure for Consent. In any circumstances requiring the approval or consent of any Limited Partner specified in this Agreement, such approval or consent may, except as expressly provided to the contrary in this Agreement, be given or withheld in the sole and absolute discretion of such Limited Partner. If the General Partner receives the necessary approval or consent of the Limited Partners to such action, the General Partner shall be authorized and empowered to implement such action without further authorization by any Limited Partner.

Procedure for Consent. In any circumstances requiring the approval or consent of any a Limited Partner Partners as specified in this Agreement, such approval or consent mayshall, except as expressly provided to the contrary in this Agreement, be given or withheld in the sole and absolute discretion of the Limited Partners and conveyed in writing to the General Partner not later than ten (10) days after such Limited approval or consent was requested by the General Partner. If the General Partner receives the necessary approval or consent of the Limited Partners to such action, the General Partner shall be authorized and empowered to implement such action without further authorization by any the Limited PartnerPartners.

Procedure for Consent. In any circumstances requiring the approval or consent of any the Limited Partner specified in this Agreement, such approval or consent may, except as expressly provided to the contrary in this Agreement, be given or withheld in the sole and absolute discretion of such the Limited Partner. If the General Partner receives the necessary approval or consent of the Limited Partners Partner to such action, the General Partner shall be authorized and empowered to implement such action without further authorization by any the Limited Partner.