Common use of Power Coupled With an Interest Clause in Contracts

Power Coupled With an Interest. The foregoing grant of authority: (i) is a special power of attorney coupled with an interest in favor of the General Partners and as such shall be irrevocable and shall survive the death or insanity of each Limited Partner; (ii) may be exercised for each Limited Partner by a signature of any General Partner of the Partnership or by listing the names of all of the Limited Partners, including such Limited Partner, and executing any instrument with a single signature of any General Partner acting as attorney-in-fact for all of them; and (iii) shall survive the Assignment by any Limited Partner of the whole or any portion of his Interest (including the assignment by the Corporate Limited Partner to the Unitholders under Section 7.6 hereof), except that, where the assignee of the whole thereof has furnished a power of attorney and has been approved by the General Partners for admission to the Partnership as a Substitute Limited Partner, this power of attorney shall survive such Assignment with respect to the assignor for the sole purpose of enabling a General Partner to execute, acknowledge and file any instrument necessary to effect such substitution and shall thereafter terminate with respect to any Partner who assigns his entire Interest.

Power Coupled With an Interest. The foregoing grant of authority: (i1) is a special power of attorney coupled with an interest in favor of the General Partners and as such shall be irrevocable and shall survive the death or insanity of each Limited Partner; (ii2) may be exercised for each Limited Partner by a signature of any General Partner of the Partnership or by listing the names of all of the Investor Limited Partners, including such Limited Partner, and then executing any instrument with a single signature of any General Partner acting as attorney-in-fact for all of them; and (iii3) shall survive the Assignment by any Limited Partner of the whole or any portion of his Interest (including the assignment by the Corporate Limited Partner to the Unitholders under Section 7.6 hereof)Interest, except that, where the assignee of the whole thereof has furnished a power Power of attorney Attorney and has been approved by the General Partners for admission to the Partnership as a Substitute Limited Partner, this power Power of attorney Attorney shall survive such Assignment with respect to the assignor for the sole purpose of enabling a General Partner to execute, acknowledge and file any instrument necessary to effect such substitution and shall thereafter terminate with respect to any Partner who assigns his entire Interest.

Power Coupled With an Interest. The foregoing grant of authority: (i) is a special power of attorney coupled with an interest in favor of the General Partners and as such shall be irrevocable and shall survive the death or insanity of each Limited Partner; (ii) may be exercised for each Limited Partner partner by a signature of any General Partner of the Partnership or by listing the names of all of the Limited Partners, including such Limited Partnerpartner, and executing any instrument with a single signature of any General Partner acting as attorney-in-fact for all of them; and (iii) shall survive the Assignment by any Limited Partner partner of the whole or any portion of his Interest (including the assignment by the Corporate Limited Partner partner to the Unitholders under Section 7.6 hereof), except that, where the assignee of the whole thereof has furnished a power of attorney and has been approved by the General Partners for admission to the Partnership as a Substitute Limited Partner, this power of attorney shall survive such Assignment with respect to the assignor for the sole purpose of enabling a General Partner to execute, acknowledge and file any instrument necessary to effect such substitution and shall thereafter terminate with respect to any Partner partner who assigns his entire Interest.

Power Coupled With an Interest. The foregoing grant of authority: (i) is a special power of attorney coupled with an interest in favor of the General Partners and as such shall be irrevocable and shall survive the death or insanity of each Limited Partner; (ii) may be exercised for each Limited Partner by a signature of any General Partner of the Partnership or by listing the names of all of the Limited Partners, including such Limited Partner, and executing any instrument with a single signature of any General Partner acting as attorney-in-fact for all of them; and (iii) shall survive the Assignment by any Limited Partner of the whole or any portion of his Interest interest (including the assignment by the Corporate Limited Partner to the Unitholders under Section 7.6 hereof), except that, where the assignee of the whole thereof has furnished a power of attorney and has been approved by the General Partners for admission to the Partnership as a Substitute Limited Partner, this power of attorney shall survive such Assignment with respect to the assignor for the sole purpose of enabling establishing a General Partner to execute, acknowledge and file any instrument necessary to effect such substitution and shall thereafter terminate with respect to any Partner who assigns his entire Interest.

Power Coupled With an Interest. The foregoing grant of authority: (i) is a special power of attorney coupled with an interest in favor of the General Partners and as such shall be irrevocable and shall survive the death or insanity of each Limited Partner; (ii) may be exercised for each Limited Partner by a signature of any General Partner of the Partnership or by listing the names of all of the Investor Limited Partners, including such Limited Partner, and executing any instrument with a single signature of any General Partner acting as attorney-in-fact for all of them; and (iii) shall survive the Assignment by any Limited Partner of the whole or any portion of his Interest (including the assignment by the Corporate Limited Partner to the Unitholders under Section 7.6 hereof)Interest, except that, where the assignee of the whole thereof has furnished a power of attorney and has been approved by the General Partners for admission to the Partnership as a Substitute Limited Partner, this power of attorney shall survive such Assignment with respect to the assignor for the sole purpose of enabling a General Partner to execute, acknowledge and file any instrument necessary to effect such substitution and shall thereafter terminate with respect to any Partner who assigns his entire Interest.