(4) There are no sponsors at this time; provided that the limited partnership is not dissolved and does not need to be dissolved if: You can specify in the agreement a provision stipulating that the company shares these losses with the general partner, provided that compensation with the assets of the company is possible. However, the LLC structure has the advantage of offering limited personal liability to its members, whether or not they are managers. (f) If a Partnership Agreement provides for the manner in which it may be amended, including the need for the consent of a person who is not a party to the Partnership Agreement or compliance with any condition, it may only be amended in that manner or otherwise permitted by law, including the manner permitted by Article 17-211(g) of this Title (provided that: that the consent of a person may be revoked by that person and that all persons for whose benefit these conditions were intended may derogate from these conditions). If a partnership agreement does not provide for how it may be amended, the partnership agreement may be amended with the consent of all partners or to the extent permitted by law, including to the extent permitted by Article 17-211(g) of this Title. A Sponsor and any class or group of Sponsors shall have the right to vote only in matters expressly provided for in this Chapter, in matters expressly provided for by agreement, including a partnership agreement, and in all matters for which a general partner may, in its sole discretion, decide to obtain the vote of a sponsor or class or group of sponsors; if a vote on such a matter does not conflict with a partnership agreement or other contract in which a general partner or limited partnership is involved. A Sponsor and any class or group of Sponsors have no other voting rights. A partnership agreement may provide that each limited partner or group of limited partners does not have the right to vote. Unless otherwise specified in a partnership agreement, an amending provision by the super-majority applies only to the provisions of the articles that are expressly contained in the articles of association. As used in this section, the term "super-majority amending provision" means any amended provision set out in a partnership agreement that requires that an amendment to a provision of the partnership agreement be adopted with at least the vote or consent necessary to take action under the latter provision [...].
