Common use of FUNCTIONS AND POWERS OF THE PARTNERS Clause in Contracts

FUNCTIONS AND POWERS OF THE PARTNERS. 10.1 The General Partner shall have exclusive authority to manage the operations and affairs of the Partnership, to make all decisions regarding the activities of the Partnership, to bind the Partnership and to admit Limited Partners. No person or entity dealing with the Partnership shall be required to verify the powers held by the General Partner in the name of the Partnership.

FUNCTIONS AND POWERS OF THE PARTNERS. 10.1 7.1 The General Partner shall have exclusive authority to manage and control the business and operations and affairs of the Partnership, to make all decisions regarding the activities of the Partnership, to bind the Partnership Partnership, and to admit Limited Partnersmake all decisions regarding the Partnership in order to allow the Partnership to carry out the objects, purposes and business of the Partnership. The General Partner shall have all rights and powers which may be possessed by a general partner pursuant to the Partnership Act and such rights and powers otherwise conferred by law. No person or entity dealing with the Partnership shall be required to verify the powers held by power of the General Partner to take any measure or make any decision in the name of the Partnership.

FUNCTIONS AND POWERS OF THE PARTNERS. 10.1 The General Partner shall will have the complete and exclusive authority to manage the operations and affairs of the Limited Partnership, to make all decisions regarding required for the activities business of the Partnership, Limited Partnership and to bind the Partnership and Limited Partnership, subject to admit Limited Partnersthe provisions of this Agreement, including Section 8 hereof. No person or entity dealing with the Limited Partnership shall will be required to verify the powers held by power of the General Partner to take any measure or to make any decision in the name of or on behalf of the Limited Partnership.