Common use of Transactions with Partners Clause in Contracts

Transactions with Partners. No contract, agreement, license or other instrument or transaction between the Partnership and a Partner, any officer, director, shareholder or partner of a Partner, or any two or more such persons or entities, or between the Partnership and any other corporation, partnership, association or other organization in which any one or more of the aforementioned persons is a director or officer, or has a financial interest, which is approved by the vote of the entire Management Committee, shall be void or voidable solely because of said relationship.