Limited Partners Not to Take Part in Business. The Limited Partners, acting in their capacity as Limited Partners, shall not, except as otherwise provided in this Agreement, take part in the conduct or control of the Partnership business, nor shall the Limited Partners have any right or authority to act for or bind the Partnership. The restrictions set forth in Section 10.4 are hereby expressly incorporated herein by reference; and the participation of the Limited Partners in the business of the Partnership shall be limited to those matters that the FCC has recognized as permissible activities for limited partners under its attribution rules and regulations for designated entities. In the event that the General Partner determines, or the FCC advises the General Partner, that a particular right or activity by a Limited Partner is inconsistent with the FCC's restrictions on the participation of limited partners in a designated entity enterprise, the Parties shall modify this Agreement as necessary to ensure compliance with such restrictions. The Partners recognize that the General Partner has a Limited Partnership Interest and is not subject to this Section 10.1.
Limited Partners Not to Take Part in Business. The Limited Partners, acting in their capacity as a Limited Partner, shall not take part in, or interfere in any manner with, the conduct or control of the Partnership business, nor shall the Limited Partners have any right or authority to act for or bind the Partnership.
