Common use of Outside Activities Clause in Contracts

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in the Partnership’s public filings with the Commission or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 10 contracts

Samples: Management Services Agreement, Management Services Agreement, Management Services Agreement (NextEra Energy Partners, LP)

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Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in and contemplated by this Agreement or the Partnership’s public filings with the Commission Registration Statement, or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 9 contracts

Samples: Partnership Agreement (NGL Energy Partners LP), Purchase Agreement (NGL Energy Partners LP), Purchase Agreement (NGL Energy Partners LP)

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission IPO Registration Statement or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 6 contracts

Samples: www.lw.com, NextEra Energy Partners, LP, NextEra Energy Partners, LP

Outside Activities. (a) The General Partner, for For so long as it is the a General Partner of the Partnership, the Managing General Partner (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, member of the Partnership and any other partnership or limited liability company of which the Partnership or the Operating Company is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, member of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement or (B) the acquiring, owning or disposing of debt securities or equity interests securities in any Group Member.

Appears in 6 contracts

Samples: www.lw.com, Agreement and Plan of Merger (Inergy Holdings, L.P.), Agreement and Plan of Merger (Inergy L P)

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement or (B) the acquiring, owning or disposing of debt securities or equity interests securities in any Group Member.

Appears in 6 contracts

Samples: Series B Preferred Unit Purchase Agreement (Breitburn Energy Partners LP), Purchase Agreement (Breitburn Energy Partners LP), www.lw.com

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission IPO Registration Statement or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 5 contracts

Samples: Summit Midstream Partners, LP, Southcross Energy Partners, L.P., Southcross Energy Partners, L.P.

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in the Partnership’s public filings with the Commission or (B) the acquiring, owning or disposing of debt securities or equity interests securities in any Group Member.

Appears in 4 contracts

Samples: Agreement (Westmoreland Resource Partners, LP), Contribution Agreement (WESTMORELAND COAL Co), Agreement

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission or Registration Statement, (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member., or

Appears in 3 contracts

Samples: www.sec.gov, Agreement, Emerge Energy Services LP

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a the general partner (or managing member, as the case may be, ) of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner (or managing member, if any, ) of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement or (B) the acquiring, owning or disposing of debt or equity securities or equity interests in any Group Member.

Appears in 2 contracts

Samples: Tc Pipelines Lp, Tc Pipelines Lp

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in the Partnership’s or contemplated by NEE Partners’ public filings with the Commission or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 2 contracts

Samples: Management Services Agreement (Nextera Energy Partners, Lp), NextEra Energy Partners, LP

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in the Partnership’s or contemplated by NEE Partners' public filings with the Commission or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 1 contract

Samples: NextEra Energy Partners, LP

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Outside Activities. (a) The At and after the Effective Time, the General Partner, for so long as it is the a General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, member of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner partner, member, trustee or member stockholder and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or partner, managing member, if any, trustee or stockholder of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Purchase and Sale Agreement or (B) the acquiring, owning or disposing of debt securities or equity interests securities in any Group Member.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KKR & Co. L.P.)

Outside Activities. (a) The General Partner, for so long as it is the General Partner general partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in the Partnership’s public filings with the Commission or (B) the acquiring, owning or disposing of debt securities or equity interests securities in any Group Member.

Appears in 1 contract

Samples: GasLog Partners LP

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a managing member or general partner or managing memberpartner, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as managing member or general partner or managing memberpartner, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement, or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 1 contract

Samples: Agreement (Inergy Midstream, L.P.)

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement or (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 1 contract

Samples: QR Energy, LP

Outside Activities. (ad) The General Partner, for so long as it is the General Partner of the Partnership, Partnership (ia) agrees that its sole business will be to act as a managing member or general partner or managing memberpartner, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (iia) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (Aa) its performance as managing member or general partner or managing memberpartner, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement, or (Ba) the acquiring, owning or disposing of debt securities or equity interests in any Group Member.

Appears in 1 contract

Samples: Inergy Midstream, L.P.

Outside Activities. (a) The General Partner, for For so long as it is the a Managing General Partner of the Partnership, the Managing General Partner (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, member of the Partnership and any other partnership or limited liability company of which the Partnership or the Operating Company is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner limited partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, member of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission Registration Statement or (B) the acquiring, owning or disposing of debt securities or equity interests securities in any Group Member.

Appears in 1 contract

Samples: Partnership Agreement (Crestwood Equity Partners LP)

Outside Activities. (a) The General Partner, for so long as it is the General Partner of the Partnership, (i) agrees that its sole business will be to act as a general partner or managing member, as the case may be, of the Partnership and any other partnership or limited liability company of which the Partnership is, directly or indirectly, a partner or member and to undertake activities that are ancillary or related thereto (including being a Limited Partner in the Partnership) and (ii) shall not engage in any business or activity or incur any debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Partnership’s public filings with the Commission or IPO Registration Statement, (B) the acquiring, owning or disposing of debt securities or equity interests in any Group Member., or

Appears in 1 contract

Samples: Agreement

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