Common use of Special Purpose Entities Clause in Contracts

Special Purpose Entities. Each Partner covenants and agrees that (i) ------------------------ its business shall be restricted solely to the holding of its Units and the doing of things necessary or incidental in connection therewith (including, without limitation, the exercise of its rights and powers under this Agreement), and (ii) it shall not own any assets, incur any liabilities or engage, participate or invest

Special Purpose Entities. Each Partner covenants and agrees that (i) ------------------------ its business shall be restricted solely to the holding of its Units and the doing of things necessary or incidental appropriate in connection therewith (including, without limitation, including the exercise of its rights and powers under this Agreement), and (ii) it shall not own any assets, incur any liabilities or engage, participate or investinvest in any business outside the scope of such business.