Examples of Fund LP Agreement in a sentence
This Agreement has been duly executed and delivered by the Fund and constitutes the valid and binding obligation of the Fund, enforceable in accordance with its terms, except that the enforceability of this Agreement is subject only to the approval of this Agreement by the Partners under the FRULPA and the Fund LP Agreement.
The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement by the Fund have been duly authorized by all necessary action on the part of the Fund, subject to the approval of this Agreement by the Partners under the FRULPA and the Fund LP Agreement.
This Agreement and the Merger shall have been approved and adopted by (i) the requisite vote of the stockholders of the Company, in accordance with the MGCL and the Restated Articles of Incorporation and Bylaws of the Company and the rules of the NYSE; (ii) the requisite vote of the Members in accordance with the MLLCA, and (ii) the requisite vote of the Partners in accordance with the FRULPA and the Fund LP Agreement.
The Partnership, and the General Partner on behalf of the Partnership, may enter into and perform the Fund LP Agreement and any documents contemplated thereby or related thereto and any amendments thereto, without any further act, vote or approval of any Person, including any Partner, notwithstanding any other provision of this Agreement.
The Fund was formed as of August 30, 2012 under the laws of the Province of Ontario pursuant to the Fund LP Agreement among the General Partner and all persons who become Unitholders as provided therein.
The FundThe Fund is a limited partnership governed by the laws of the Province of Ontario established on February 12, 2013 pursuant to the Fund LP Agreement.
The Fund LP Agreement provides that the General Partner may engage or employ persons in connection with the Fund and pay to them compensation out of Fund Property and may delegate its powers, authorities and duties.
The following is a summary of certain material provisions of the Fund LP Agreement.
Termination of the Fund LP Agreement The Term of the Fund is four years from the closing of the IPO, subject to a single one year extension at the discretion of the General Partner or subject to earlier termination, as described below.
Neither the execution and delivery of this Agreement by the Fund nor the consummation of the transactions contemplated hereby will, directly or indirectly (with or without notice or lapse of time): (i) conflict with any legal requirement or order of any court or governmental authority to which the Fund is subject, (ii) conflict with the Fund LP Agreement or the Certificate of Limited Partnership of the Fund, or (iii) breach any provision of any contract to which the Fund is a party.