Protected Provisions definition
Protected Provisions means all provisions of this Agreement dealing with (i) governance of the Partnership, including provisions related to (a) appointment, removal or an increase to the number of Directors, or any amendment to matters requiring the approval of the Directors; and (b) appointment or removal of a General Partner; (ii) distributions, fees, expenses (and limitations thereto) and limitations on indebtedness; (iii) secondary sales of assets; (iv) dissolution or liquidation of the Partnership, and (v) reporting to Partners.
Protected Provisions has the meaning specified in Section 7.3(b).
Examples of Protected Provisions in a sentence
On the Anniversary Date of this Agreement, Sucampo reserves the unilateral right to modify any term of this Agreement except for the Protected Provisions so long as Sucampo complies with the notice requirements in Section A(2) above.
In recognition of this fact, in the event of a breach or threatened breach of any of the Protected Provisions, Group shall be entitled to, without posting any bond, and the Provider agrees not to oppose Group’s right to seek equitable relief in the form of specific erformance, temporary restraining order, temporary or permanent injunction or any other available equitable remedy in the event of any breach by Provider of any of the Protective Provisions.