Common use of General Partner to Manage Clause in Contracts

General Partner to Manage. Except as otherwise expressly provided in this Agreement or under the Delaware Act, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner. The Limited Partners shall not have any power to control or manage the business or affairs of the Partnership.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Rose Rock Midstream, L.P.), Limited Partnership Agreement (Rose Rock Midstream, L.P.), Limited Partnership Agreement (Rose Rock Midstream, L.P.)

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General Partner to Manage. Except as otherwise expressly provided in this Agreement or under the Delaware Act, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner. The Limited Partners Partner shall not have any power to control or manage the business or affairs of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Mid-Con Energy Partners, LP), Limited Partnership Agreement (LRR Energy, L.P.)

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General Partner to Manage. Except as otherwise expressly provided in this Agreement or under the Delaware ActAgreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner. The ; the Limited Partners Partner shall not have any power to control or manage the business or and affairs of the Partnership. Notwithstanding anything to the contrary contained herein, the General Partner is hereby authorized to execute, deliver and perform any document on behalf of the Partnership without any further act, vote or approval of any other Partner or other person or entity.

Appears in 1 contract

Samples: Limited Partnership Agreement (Legacy Reserves Operating GP LLC)

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