Duties and Obligations of General Partner. The General Partner shall endeavor to conduct the affairs of the Partnership in the best interests of the Partnership and the mutual best interests of the Partners, including, without limitation, the safekeeping and use of all Partnership funds and assets and the use thereof for the benefit of the Partnership. The General Partner at all times shall act in good faith in all activities relating to the conduct of the business of the Partnership. The General Partner shall devote such time as it deems necessary to conduct the business and affairs of the Partnership in an appropriate manner.
Appears in 19 contracts
Samples: Agreement (Enterprise Products Partners L P), Management and Operation (Enterprise Products Partners L P), Enterprise Products Partners L P
Duties and Obligations of General Partner. The General Partner shall endeavor to conduct the affairs of the Partnership in the best interests of the Partnership and the mutual best interests of the Partners, including, without limitation, the safekeeping and use of all Partnership funds and assets and the use thereof for the benefit of the Partnership. The General Partner at all times shall act in good faith in all activities relating to the conduct of the business of the Partnership. The General Partner shall devote such time as it deems necessary to conduct the business and affairs of the Partnership in an appropriate manner.. 6.03
Appears in 1 contract
Samples: www.sec.gov
Duties and Obligations of General Partner. (a) The General Partner shall endeavor to conduct the affairs of the Partnership in the best interests of the Partnership and the mutual best interests of the Partners, including, without limitation, the safekeeping and use of all Partnership funds and assets and the use thereof be responsible for the benefit general management, supervision, and administration of the Partnership's business and affairs. The General Partner at all times shall act in good faith in all activities relating to also manage and supervise the conduct construction and operation of the business of the PartnershipFacility. The General Partner shall devote such time and effort to the Partnership's business as it deems shall be reasonably necessary or appropriate to conduct perform its duties as specified in the preceding sentence, and the General Partner shall not engage in any business other than the business and affairs of the Partnership in an appropriate mannerPartnership.
Appears in 1 contract
Samples: General Public Utilities Corp /Pa/