Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses and affairs of the Partnership, to make all decisions affecting the businesses and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoever.
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Samples: Limited Partnership Agreement (Environtech Inc.), Limited Partnership Agreement (Environtech Inc.), Limited Partnership Agreement (Environtech Inc.)
Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses and affairs all of the Partnership, to make all decisions affecting the businesses business operations and affairs of the Partnership and to take shall make all such actions as it deems necessary or appropriate to accomplish the purpose of decisions affecting the Partnership as set forth hereinbusiness on all matters concerning the Partnership. No Limited Any Partnership action permitted or required by this Agreement to be made or taken by the General Partner or assignee, as such, shall have any authority, right or power to bind be binding on all the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoeverPartners.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Cornell Corrections of Rhode Island, Inc.), Limited Partnership Agreement (Cornell Corrections of Rhode Island, Inc.)
Management and Control of the Partnership. The Except as otherwise specifically provided herein, the General Partner shall have full, exclusive full power and complete discretion to manage and control the businesses and affairs authority on behalf of the PartnershipPartnership to manage, to make all decisions affecting control, administer, operate and conduct the businesses Partnership business. Any document executed by the General Partner while acting in good faith in the name and affairs on behalf of the Partnership and within the parameters of its authority granted herein shall be deemed to take all such actions as it deems necessary or appropriate to accomplish be the purpose action of the Partnership as set forth hereinwith respect to any third parties. No The Limited Partner or assignee, as such, shall not have any authority, right or power to bind control or manage the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoeverPartnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (LeBus Oil Field Service Co.)
Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses business and affairs of the Partnership, to make all decisions affecting the businesses business and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or Partnership, to manage or control, or to participate in the management or control of, the businesses business and affairs of the Partnership in any manner whatsoever.
Appears in 1 contract
Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses business and affairs of the Partnership, to make all decisions affecting the businesses business and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assigneeAssignee, as such, shall have any authority, right or power to bind the Partnership Partnership, or to manage or control, or to participate in the management or control of, the businesses business and affairs of the Partnership in any manner whatsoever.
Appears in 1 contract
Samples: Limited Partnership Agreement (Heartland Partners L P)
Management and Control of the Partnership. The General Partner shall will have full, exclusive and complete discretion authority to manage and control the businesses operations and affairs of the Partnership. Except to the extent that the consent of any Partner is required by this Agreement, to make all decisions affecting the businesses General Partner will have the exclusive management and control of the business and affairs of the Partnership and to take all will devote such actions time as it the General Partner, in its reasonable discretion, deems necessary or appropriate to accomplish conduct the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses business and affairs of the Partnership in any manner whatsoeverPartnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Lexreit Properties Inc)