- 12 - * * * * * * * 11.2.b. Every instrument purporting to be the action of the Partnership and duly authorized and executed by the General Partners shall be conclusive evidence in favor of every person relying thereon or claiming thereunder that at the time of delivery thereof, this Agreement was in full force and effect and that the execution and delivery of such instrument was duly authorized by the Partners and the Partnership. * * * * * * * * * * 22. “Amendments” 22.1 “Additional Partners.” Each Limited Partner, additional Limited Partner, General Partner or subsequent General Partner shall become a signatory hereof by signing such number of counterpart signature pages to this Agreement and such other instrument or instruments, and in such manner, as the General Partners shall determine. By so signing, each shall be considered to have adopted, and to have agreed to be bound by all the provisions of this Agreement, as amended from time to time in accordance with the provisions of this Agreement, provided that no such counterpart shall be binding until it shall have been accepted by the General Partners pursuant to the provisions of this Agreement. * * * * * * * 22.4 “Execution of Amendments.” If this Agreement shall be amended to reflect the designation of a new General Partner and the continuation of the business of the Partnership, such amendment shall be signed by such new General Partner. 22.5 “Filing and Recording of Amendments.” In making any amendments, there shall be prepared and filed and recorded by the General Partners such documents and certificates as shall be required to be prepared and filed pursuant to the * * * [CRLPA] * * * * * * * * * *Page: Previous 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Next
Last modified: May 25, 2011