Common use of Management and Operation of Business Clause in Contracts

Management and Operation of Business. Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the Partnership.

Appears in 5 contracts

Samples: Limited Partnership Agreement (VTTI Energy Partners LP), Limited Partnership Agreement (Cypress Energy Partners, L.P.), Limited Partnership Agreement (Emerge Energy Services LP)

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Management and Operation of Business. Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the . The Limited Partner shall not have any power to control or manage the Partnership.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Empire Petroleum Partners, LP), Limited Partnership Agreement (PES Logistics Partners LP)

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