Common use of SUBMISSIONS TO PARTNERS Clause in Contracts

SUBMISSIONS TO PARTNERS. The General Partner shall give each Limited Partner or Global Partner notice of any proposal or other matter required by any provision of this Agreement or by law to be submitted for the consideration and approval of such Partner. Such notice shall include any information required by the relevant provisions of this Agreement or by law. Each Limited Partner or Global Partner shall be afforded the opportunity to consider any proposed waiver or amendment of any provision of this Agreement or the Partnership’s certificate of limited partnership or any proposed Consent by the Limited Partners or Global Partners and shall be supplied with sufficient information to enable it to make an informed decision with respect thereto. None of the General Partner, the Partnership or any of their respective Affiliates shall, directly or indirectly, pay or cause to be paid any remuneration, fee or other consideration to any Limited Partner or Global Partner for or as an inducement to the entering into by such Limited Partner or Global Partner of any waiver or amendment of any term or provision of this Agreement or the Partnership’s certificate of limited partnership or the giving of any Consent, unless such remuneration, fee or other consideration is concurrently paid on the same terms, in proportion to their respective subscriptions to the Partnership and any Parallel Investment Entity, to all the then Limited Partners or Global Partners.