Limitations on General Partner’s Authority Sample Clauses

Limitations on General Partner’s Authority. Except with the consent of all other Partners, nothing in this Agreement shall authorize the General Partner to:
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Limitations on General Partner’s Authority. The General Partner shall have all the rights and powers and be subject to all the responsibilities and the liabilities of a partner in a partnership without limited partners, except that neither the General Partner nor any of its Affiliates shall have the authority to: 8.4.1
Limitations on General Partner’s Authority. Notwithstanding the grant of authority to the General Partner pursuant to Section 3.1, none of the following actions shall be approved by the General Partner or any officer of the Partnership, without first having obtained the prior written consent of the Limited Partner, pursuant to the terms of the Operating Agreement of the Limited Partner thereof:
Limitations on General Partner’s Authority. The General Partner shall not have authority to:
Limitations on General Partner’s Authority. (a) The General Partner shall not take any of the following actions unless such action has been approved or authorized by a Limited Partner Majority:
Limitations on General Partner’s Authority. The General Partner shall not have authority to do any act in contravention of this Agreement.
Limitations on General Partner’s Authority. Notwithstanding anything to the contrary herein contained, without in each instance receiving the prior written consent of Partners owning an aggregate Percentage Interest in the Partnership of 51% or more, the General Partner shall not have the authority to, and the General Partner covenants and agrees that it will not sell, lease, assign, exchange or otherwise transfer all or substantially all of the assets of the Partnership.
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Limitations on General Partner’s Authority. (a) The General Partner shall have no authority on behalf of the Partnership to take or authorize the taking of any act prohibited by law or in contravention of the terms of this Agreement, the Master Restructuring Agreement or any Ancillary Agreement.
Limitations on General Partner’s Authority. Without the concurrence of a Majority-in-Interest, the General Partner has no authority to:
Limitations on General Partner’s Authority. The General Partners shall not: (a) do any act in contravention of this Agreement; (b) do any act which would make it impossible to carry on the ordinary business of the Partnership; (c) possess Properties, or assign the Partnership's rights in any Properties, for other than a Partnership purpose; (d) confess a judgment against the Partnership; (e) sell or transfer all or substantially all of the Partnership assets without the prior consent of amajority in interest of Limited Partners' Capital; (f) admit a person as a General Partner except as provided in this Agreement; (g) admit a person as a Limited Partner except as provided in this Agreement; or (h) contract away the fiduciary duty owed to the Limited Partners under the common law of any applicable jurisdiction. 11.4
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