Common use of Limitations on Scope of Business Clause in Contracts

Limitations on Scope of Business. Except for the authority expressly granted to the General Partner in this Agreement, no Partner, attorney-in-fact, employee or other agent of the Company shall have any authority to bind or act for the Company or any other Partner in the carrying on of their respective businesses or activities.

Appears in 5 contracts

Samples: Limited Partnership Agreement, Partnership Agreement, Limited Partnership Agreement (Strategic Hotel Capital Inc)

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Limitations on Scope of Business. Except for the authority expressly granted to the General Partner in this Agreement, no Partner, attorney-in-fact, employee or other agent of the Company Partnership shall have any authority to bind or act for the Company Partnership or any other Partner in the carrying on of their respective businesses or activities.

Appears in 2 contracts

Samples: Limited Partnership Agreement (CNL Income Mesa Del Sol, LLC), Limited Liability Limited Partnership Agreement (CNL Income Properties Inc)

Limitations on Scope of Business. Except for the authority expressly granted to the General Partner in this Agreement, no Partner, attorney-in-fact, employee or other agent of the Company Partner shall have any authority to bind or act for the Company Partnership or any other Partner in the carrying on of their respective businesses or activities.

Appears in 1 contract

Samples: Limited Partnership Agreement (CNL Income Properties Inc)

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Limitations on Scope of Business. Except for the authority ----------- --------------------------------- expressly granted to the General Partner in this Agreement, no Partner, attorney-in-fact, employee or other agent of the Company shall have any authority to bind or act for the Company or any other Partner in the carrying on of their respective businesses or activities.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hersha Hospitality Trust)

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