Common use of Limitations on General Partner’s Authority Clause in Contracts

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.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Performance Asset Management Co), Limited Partnership Agreement (Performance Asset Management Co), Limited Partnership Agreement (Performance Asset Management Co)

AutoNDA by SimpleDocs

Limitations on General Partner’s Authority. The Subject to the provisions of this Agreement, 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.

Appears in 1 contract

Samples: Limited Partnership Agreement (Performance Asset Management Co)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!