Common use of Exercise of Duties Clause in Contracts

Exercise of Duties. The General Partner covenants that it will exercise the powers and discharge its duties under this Agreement honestly, in good faith and in the best interests of the Partnership and that it will exercise the degree of care, diligence and skill that a reasonably prudent Person would exercise in comparable circumstances. The General Partner also covenants that it will devote such time and attention to the conduct of the Business as is reasonably required for the prudent management of the Business.

Exercise of Duties. The General Partner covenants that it will exercise the its powers and discharge its duties under this Agreement honestly, in good faith faith, and in the best interests of the Partnership Partnership, and that it will exercise the degree of care, diligence and skill that a reasonably prudent Person person would exercise in comparable circumstances. The Furthermore, the General Partner also covenants that it will devote such time maintain the confidentiality of financial and attention to the conduct other information and data which it may obtain through or on behalf of the Business as is reasonably required for Partnership, the prudent management disclosure of which may adversely affect the interests of the BusinessPartnership or a Limited Partner.

Exercise of Duties. The Managing General Partner covenants that it will exercise the its powers and discharge its duties under this Agreement honestly, in good faith faith, and in the best interests of the Partnership Limited Partnership, and that it will exercise the degree of care, diligence and skill that a reasonably prudent Person person would exercise in comparable circumstances. The Furthermore, the Managing General Partner also covenants that it will devote such time maintain the confidentiality of financial and attention to the conduct other information and data, which it may obtain through or on behalf of the Business as is reasonably required for Limited Partnership, the prudent management disclosure of which may adversely affect the interests of the BusinessLimited Partnership or a Limited Partner.

Exercise of Duties. The Each of the General Partner Partners covenants that it will exercise the its powers and discharge its duties under this Agreement honestly, in good faith faith, and in the best interests of the Partnership Partnership, and that it will exercise the degree of care, diligence and skill that a reasonably prudent Person person would exercise in comparable circumstances. The Furthermore, each of the General Partner also covenants that it will devote such time maintain the confidentiality of financial and attention to the conduct other information and data that it may obtain through or on behalf of the Business as is reasonably required for Partnership, the prudent management disclosure of which may adversely affect the interests of the BusinessPartnership or a Limited Partner.