Common use of Duties of General Partner Clause in Contracts

Duties of General Partner. The General Partner shall devote such time to the business of the Partnership as it shall deem necessary to manage and supervise the business and affairs of the Partnership in an efficient manner. Subject to the foregoing, the General Partner shall manage the administration of the Partnership, which administration shall include, but not be limited to, (a) maintaining customary books and records; (b) preparing or causing the preparation of the financial statements provided for in this Agreement; (c) preparing and filing or causing the preparation and filing of Partnership tax returns; (d) preparing communications from the Partnership to Limited Partners; (e) filing documents required to be filed by the Partnership; (f) causing the Partnership to make or revoke the appropriate tax elections under the Code; (g) functioning as tax matters partner for federal, state and local tax purposes; and (h) acting on behalf of the Partnership with respect to (i) the Trust or the Securitization Trust, (ii) any lenders and (iii) any other Person dealing with the Partnership or any Partnership Property.

Duties of General Partner. The General Partner shall devote such time to the business of the Partnership as it shall deem necessary to manage and supervise the business and affairs of the Partnership in an efficient manner. Subject to the foregoing, the General Partner shall manage the administration of the Partnership, which administration shall include, but not be limited to, (a) maintaining customary books and records; (b) preparing or causing the preparation of the financial statements provided for in this Agreement; (c) preparing and filing or causing the preparation and filing of Partnership tax returns; (d) preparing communications from the Partnership to Limited Partners; (e) filing documents required to be filed by the Partnership; (f) causing the Partnership to make or revoke the appropriate tax elections under the Code; (g) functioning as tax matters partner for federal, state and local tax purposes; and (h) acting on behalf of the Partnership with respect to (i) the Trust or the Securitization Trust, (ii) any lenders and (iii) any other Person dealing with the Partnership or any Partnership Property.

Duties of General Partner. The General Partner shall devote such time to the business of the Partnership as it shall deem necessary to manage and supervise the business and affairs of the Partnership in an efficient manner. Subject to the foregoing, the General Partner shall manage the administration of the Partnership, which administration shall include, but not be limited to, include (ai) maintaining customary books and records; (bii) preparing or causing the preparation of the financial statements provided for in this Agreement; (ciii) preparing and filing or causing the preparation and filing of Partnership tax returns; (div) preparing communications from the Partnership to Limited Partners; (ev) filing documents required to be filed by the Partnership; (fvi) causing the Partnership to make or revoke the appropriate tax elections under the Code; (gvii) functioning as tax matters partner for federal, state and local tax purposes; and (hviii) acting on behalf of the Partnership with respect to (i) the Trust or the Securitization Trust, (ii) any lenders Trusts and (iii) any other Person dealing with the Partnership or any Partnership Property.

Duties of General Partner. The General Partner shall devote such time to the business of the Partnership as it shall deem necessary to manage and supervise the business and affairs of the Partnership in an efficient manner. Subject to the foregoing, the General Partner shall manage the administration of the Partnership, which administration shall include, but not be limited to, (a) maintaining customary books and records; (b) preparing or causing the preparation of the financial statements provided for in this Agreement; (c) preparing and filing or causing the preparation and filing of Partnership tax returns; (d) preparing communications from the Partnership to Limited Partners; (e) filing documents required to be filed by the Partnership; (f) causing the Partnership to make or revoke the appropriate tax elections under the Code; (g) functioning as tax matters partner for federal, state and local tax purposes; and (h) acting on behalf of the Partnership with respect to (i) the Trust or the Securitization Origination Trust, (ii) any lenders and (iii) any other Person dealing with the Partnership or any Partnership Property.

Duties of General Partner. The General Partner shall devote such time to the business of the Partnership as it shall deem necessary to manage and supervise the business and affairs of the Partnership in an efficient manner. Subject to the foregoing, the General Partner shall manage the administration of the Partnership, which administration shall include, but not be limited to, (a) maintaining customary books and records; (b) preparing or causing the preparation of the financial statements provided for in this Agreement; (c) preparing and filing or causing the preparation and filing of Partnership tax returns; (d) preparing communications from the Partnership to Limited Partners; (e) filing documents required to be filed by the Partnership; (f) causing the Partnership to make or revoke the appropriate tax elections under the Code; (g) functioning as tax matters partner for federal, state and local tax purposes; and (h) acting on behalf of the Partnership with respect to (i) the Trust or the Securitization Trust, (ii) any lenders and (iii) any other Person dealing with the Partnership or any Partnership Property.on