Common use of General Partner to Manage Business Clause in Contracts

General Partner to Manage Business. Subject to Section 4.8 hereof, the General Partner shall manage and control the business of the Partnership with full, exclusive and complete discretion in the management and control of said business, and shall make all decisions affecting said business. The Limited Partners, as such, shall not and shall have no right or power to take part in the control of the business, affairs and/or operations of the Partnership. The General Partner may, from time to time, delegate any or all of such responsibilities to third parties which, under the General Partner's supervision, will perform such acts and services for the Partnership as the General Partner may approve.

Appears in 2 contracts

Samples: Province Healthcare Co, Province Healthcare Co

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General Partner to Manage Business. Subject to Section 4.8 hereof, the General Partner shall manage and control the business of the Partnership with full, exclusive and complete discretion in the management and control of said business, and shall make all decisions affecting said business. The Limited Partners, as such, shall not and shall have no right or power to take part in the control of the business, affairs and/or operations of the Partnership. The General Partner may, from time to time, delegate any or all of such responsibilities to third parties which, under the General Partner's ’s supervision, will perform such acts and services for the Partnership as the General Partner may approve.

Appears in 1 contract

Samples: PHC Hospitals, LLC

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General Partner to Manage Business. Subject to Section 4.8 hereof, the 5.1.1 The General Partner shall manage make all investment, management and control the business decisions on behalf of the Partnership with full, exclusive and complete discretion in the management and control of said businessPartnership, and shall make all decisions affecting said businessspecifically have the authority to hire attorneys, accountants, and any other necessary consultants or employees. The Except as otherwise specifically provided herein (including without limitation in Section 1.5 hereof), the Limited Partners, as such, Partners shall not and shall participate in or have no any control over the Partnership’s business nor have any right or power authority to take part in the control of the business, affairs and/or operations of act for or bind the Partnership. The General Partner may, from time Limited Partners hereby consent to time, delegate any or all of such responsibilities to third parties which, under the General Partner's supervision, will perform such acts and services for the Partnership as exercise by the General Partner may approveof the powers conferred on it hereunder.

Appears in 1 contract

Samples: Agreement (3055854 Nova Scotia Co)

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