Authority of the Managing General Partner. Except to the extent otherwise provided herein, the Managing General Partner shall have the sole and exclusive right to manage the Partnership Business and shall have all of the rights and powers which may be possessed by general partners under the Act.
Appears in 2 contracts
Samples: Verizon Wireless of the East Lp, Price Communications Corp
Authority of the Managing General Partner. Except to the extent otherwise provided herein, the Managing General Partner shall have the sole and exclusive right to manage the business of the Partnership Business and shall have all of the rights and powers which may be possessed by general partners under the Act.Texas Code including, without limitation, the right and power to:
Appears in 1 contract
Authority of the Managing General Partner. Except to The management and operation of the extent otherwise provided herein, Partnership shall be vested exclusively in the Managing General Partner. The Managing General Partner shall have the sole authority and exclusive right to manage power on behalf and in the name of the Partnership Business to perform all acts and shall have enter into and perform all contracts and other undertakings which it may deem necessary, advisable, or incidental to the purposes of the rights and powers which may be possessed by general partners under the ActPartnership set forth in Section 2.4.
Appears in 1 contract
Samples: General Partnership Agreement (Nolan Acquisition Partners)
Authority of the Managing General Partner. Except to the extent otherwise provided herein, the Managing General Partner shall have the sole and exclusive right to manage the business of the Partnership Business and shall have all of the rights and powers which that may be possessed by general partners under the Act.TBOC including, without limitation, the right and power to:
Appears in 1 contract