Common use of No Effect Clause in Contracts

No Effect. Failure by the General Partner or the Partnership to comply with any of the obligations set forth above shall not affect the status of the Partnership as a separate legal entity, with its separate assets and separate liabilities.

Appears in 34 contracts

Samples: Agreement, Limited Partnership Agreement (Joyner Capital LP), Agreement

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No Effect. Failure by the General Partner or the Partnership to comply with any of the obligations set forth above shall not affect the status of the Partnership as a separate legal entity, with its separate assets and separate liabilities.

Appears in 10 contracts

Samples: Enterprise Products Partners L.P., Agreement, Agreement

No Effect. Failure by the General Managing Partner or the Partnership to comply with any of the obligations set forth above shall not affect the status of the Partnership as a separate legal entity, with its separate assets and separate liabilities.

Appears in 5 contracts

Samples: Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.)

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No Effect. Failure by the General Partner or the Partnership to comply with any of the obligations set forth above shall not affect the status of the Partnership as a separate legal entity, with its separate assets and separate liabilities.. ARTICLE III

Appears in 1 contract

Samples: Blackstone Group L.P.

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