Limitations on the Exercise of Powers of General Partner. The General Partner shall have no power to take any action prohibited by this Agreement or by the Delaware Act.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Resource Real Estate Investors 7, L.P.), Limited Partnership Agreement (Resource Real Estate Investors 6 LP)
Limitations on the Exercise of Powers of General Partner. The General Partner shall have no power to take any action prohibited by this Agreement or by the Delaware Act.. Furthermore, the General Partner shall be subject to the following in the administration of the Partnership's business and affairs:
Appears in 1 contract
Limitations on the Exercise of Powers of General Partner. The General Partner shall have no power to take any action prohibited by this Agreement or by the Delaware Act.. Furthermore, the General Partner shall be subject to Sections 9.2(a) through 9.2(m) in the administration of the Partnership’s business and affairs:
Appears in 1 contract
