Limitations on the General Partner. The General Partner shall not: (i) do any act in contravention of any applicable law or regulation or any provision of this Agreement; and (ii) possess Partnership property for other than a Partnership purpose.
Appears in 3 contracts
Samples: Limited Partnership Agreement (CapSource Fund I, LP), Limited Partnership Agreement (Bridge Private Lending, LP), Limited Partnership Agreement (Bridge Private Lending, LP)
Limitations on the General Partner. The General Partner shall not:
(ia) do any act in contravention of any applicable law or regulation regulation, or any provision of this Agreement; and;
(iib) possess Partnership property for other than a Partnership purpose;
(c) admit any Person as a general partner of the Partnership except as permitted under Section 2.11 or Section 2.12 of this Agreement or the Act; and
(d) admit any Person as a Limited Partner except as permitted under Section 3.02 and ARTICLE IX of this Agreement or the Act.
Appears in 1 contract
Samples: Limited Partnership Agreement
