Bank Accounts A. The General Partners shall have fiduciary responsibility for the safekeeping and use of an funds and assets of the Fund, whether or not in their immediate possession or control. The General Partners shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the Fund.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership), Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership), Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership)
Bank Accounts A. The General Partners Partner shall have fiduciary responsibility for the safekeeping and use of an all funds and assets of the FundPartnership, whether or not in their immediate possession or control. The General Partners Partner shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the FundPartnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Realty Parking Properties Ii Lp), Limited Partnership Agreement (Realty Parking Properties Lp), Limited Partnership Agreement (Realty Parking Properties Lp)
Bank Accounts A. The General Partners shall have fiduciary responsibility for the safekeeping and use of an all funds and assets of the FundPartnership, whether or not in their immediate possession or control. The General Partners shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the FundPartnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Brown Benchmark Properties Limited Partnership), Limited Partnership Agreement (Brown Benchmark Properties Limited Partnership), Limited Partnership Agreement (Brown Benchmark Properties Limited Partnership)
Bank Accounts A. The General Partners Partner shall have fiduciary responsibility for the safekeeping and use of an all funds and assets of the FundPartnership, whether or not in their immediate possession or control. The General Partners Partnership shall not employ, or permit any other Person to employ, such funds in any manner except for the benefit of the FundPartnership.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Redwood Equipment Leasing Income Fund Lp), Agreement of Limited Partnership (Redwood Equipment Leasing Income Fund Lp)