Common use of Specific Limitations on the General Partner’s Authority Clause in Contracts

Specific Limitations on the General Partner’s Authority. Notwithstanding anything to the contrary contained in this Agreement, the General Partner shall have no right, power, or authority, without the prior approval (which shall not be unreasonably withheld or delayed) to the specific act in question by Partners owning, in the aggregate, at least two-thirds (2/3) of the Voting Interests, to effectuate any one or more of the following acts:

Appears in 4 contracts

Samples: Limited Partnership Agreement (KCI Animal Health, LLC), Limited Partnership Agreement (KCI Animal Health, LLC), Limited Partnership Agreement (Kinetic Concepts Inc /Tx/)

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Specific Limitations on the General Partner’s Authority. Notwithstanding anything to the contrary contained in this Agreement, the General Partner shall have no right, power, or authority, without the prior approval (which shall not be unreasonably withheld or delayed) to the specific act in question by Partners owning, in the aggregate, at least two-thirds (2/3) all of the Voting Interests, Partners to effectuate any one or more of the following acts:

Appears in 4 contracts

Samples: Ecca Distribution Services (Eye Care Centers of America Inc), Visionary Lab Services (Eye Care Centers of America Inc), Ecca Management Services (Eye Care Centers of America Inc)

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