Common use of Duties of the General Partner Clause in Contracts

Duties of the General Partner. The General Partner shall perform the General Partner’s duties and obligations under this Agreement and under applicable law in order to carry out the Purpose of the Partnership in an orderly and expeditious manner. The General Partner shall have the duty to conduct the affairs of the Partnership as a fiduciary for the exclusive benefit of the Partners, consistent with the terms of this Agreement, and to use all Partnership funds and assets in the best interests of the Partners.

Duties of the General Partner. The In addition to obligations imposed by other provisions of this Agreement, the General Partner shall perform devote to the General Partner’s duties Partnership such of its time as is reasonably necessary and obligations under this Agreement and under applicable law its best efforts in order to carry carrying out the Purpose business of the Partnership in an orderly and expeditious mannerorder to accomplish its purposes. The General Partner shall have the duty to conduct the affairs Partner, on behalf of the Partnership as a fiduciary for and at the exclusive benefit expense of the PartnersPartnership, consistent with the terms of this Agreement, and to use all Partnership funds and assets in the best interests of the Partners.shall:

Duties of the General Partner. The General Partner shall perform use its best efforts and devote such time as the General Partner’s duties and obligations under this Agreement and under applicable law , in order to carry its sole discretion, deems necessary for purposes of carrying out the Purpose business of the Partnership Partnership, and shall promptly take all action that such General Partner, in an orderly and expeditious manner. The General Partner shall have its sole discretion, deems necessary, advisable or appropriate for the duty to conduct the affairs organization of the Partnership as a fiduciary for Partnership, the exclusive benefit investment of the Partners, consistent with the terms of this Agreement, and to use all Partnership funds and assets in the best interests protection of Partnership’s assets. In particular, the Partners.General Partner shall:

Duties of the General Partner. The General Partner shall perform carry on the General Partner’s duties and obligations under this Agreement and under applicable law in order to carry out the Purpose business of the Partnership in an orderly with full power and expeditious manner. The General Partner shall have authority to manage, control, administer and operate the duty to conduct the business and affairs of the Partnership as a fiduciary for and to represent the exclusive benefit Partnership. The power of the Partners, consistent General Partner to represent the Partnership to third parties is unrestricted and no Person dealing with the terms Partnership shall be required to enquire into the authority of this Agreementthe General Partner to take any act or proceeding, to make any decision or to execute and to use all Partnership funds and assets deliver any instrument, deed, agreement or document for or on behalf or in the best interests name of the PartnersPartnership.

Duties of the General Partner. The General Partner shall perform the General Partner’s duties and obligations under this Agreement and under applicable law in order use its best efforts to carry out the Purpose of Partnership purposes and shall devote such time as necessary to the Partnership in an orderly and expeditious mannerbusiness. The General Partner shall have the be under a fiduciary duty to conduct the affairs of the Partnership as a fiduciary in the best interests of the Partnership and of the Limited Partners, including the safekeeping and use of all of the Partnership property and the use thereof for the exclusive benefit of the Partners, consistent with the terms of this Agreement, and to use all Partnership funds and assets in the best interests of the PartnersPartnership.