Common use of Conduct of Negotiations Clause in Contracts

Conduct of Negotiations. The WKA General Partner shall be primarily responsible for conducting negotiations on behalf of the Partnership with the Land Administration of Puerto Rico and other government agencies in connection with the acquisition of the El Conquistador land and buildings and related parcels of real property for the Project. The other General Partner shall have the right to participate in such negotiations but shall have no right to independently conduct such negotiations on behalf of the Partnership. All material decisions with respect to such negotiations shall be made by the General Partners.