Common use of Specified Acts Clause in Contracts

Specified Acts. During the time of the organization or continuance of this Limited Partnership, neither the General nor the Limited Partners hereof shall do, and the Partners specifically promise not to do any of the following: Use the name of the Partnership (or any substantially similar name) or any trademark or trade name adopted by the Partnership, except in the ordinary course of the Partnership business. Disclose to any non-partner any of the Partnership business practices, trade secrets, or any other information not generally known to the business community. Do any other act or deed with the intention of harming the business operations of the Partnership. Do any act contrary to this Agreement, except with the prior express written approval of all Partners. Do any act that would make it impossible to carry on the intended or ordinary business of the Partnership. Confess a judgment against the Partnership. Abandon or transfer or dispose of Partnership property, real or personal.

Appears in 2 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement

Specified Acts. During the time of the organization or continuance of this Limited Partnership, neither the General Partner nor the Limited Partners hereof shall do, and the Partners specifically promise not to do any of the following: Use the name of the Partnership (or any substantially similar name) or any trademark or trade name adopted by the Partnership, except in the ordinary course of the Partnership business. Disclose to any non-partner any of the Partnership business practices, trade secrets, or any other information not generally known to the business community. Do any other act or deed with the intention of harming the business operations of the Partnership. Do any act contrary to this Agreement, except with the prior express written approval of all Partners. Do any act that would make it impossible to carry on the intended or ordinary business of the Partnership. Confess a judgment against the Partnership. Abandon or transfer or dispose of Partnership property, real or personal.

Appears in 1 contract

Sources: Partnership Agreement