Common use of Resolutions Binding Clause in Contracts

Resolutions Binding. Any Ordinary Resolution shall be binding on all Limited Partners and their respective heirs, executors, administrators or other legal representatives, successors and assigns, whether or not such Limited Partner was present or represented by proxy at the meeting at which such resolution was passed and whether or not such Person voted against such resolution.

Appears in 1 contract

Sources: Limited Partnership Agreement

Resolutions Binding. Any Ordinary Extraordinary Resolution, Special Resolution or resolution of a Majority-In-Interest of the Limited Partners shall be binding on all Limited Partners and their respective heirs, executors, administrators or other legal representatives, successors and assigns, whether or not such Limited Partner was present or represented by proxy at the meeting at which such resolution was passed and whether or not such Person person voted against such resolution.

Appears in 1 contract

Sources: Limited Partnership Agreement