Common use of Management and Operations of Business Clause in Contracts

Management and Operations 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 34 contracts

Samples: Agreement of Limited Partnership (Stonemor Partners Lp), Limited Partnership Agreement (Hess Midstream LP), Limited Partnership Agreement (Rice Midstream Partners LP)

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Management and Operations 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 Partners shall not have any power to control or manage the Partnership.

Appears in 8 contracts

Samples: Agreement of Limited Partnership (Zy-Tech Global Industries, Inc.), Limited Partnership Agreement (Crestwood Midstream Partners LP), Merger Agreement (Crestwood Midstream Partners LP)

Management and Operations 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 4 contracts

Samples: Agreement of Limited Partnership (Spectra Energy Partners, LP), Limited Partnership Agreement (Universal Compression Partners, L.P.), Agreement of Limited Partnership (Universal Compression Partners, L.P.)

Management and Operations 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; , and the Limited Partner shall not have any power to control or manage the Partnership.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Dorchester Minerals Lp), Limited Partnership Agreement (Dorchester Minerals Lp), Limited Partnership Agreement (Dorchester Minerals Lp)

Management and Operations 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 Sole Limited Partner shall not have any power to control or manage the Partnership.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Encore Energy Partners LP), Merger Agreement (Encore Energy Partners LP), Merger Agreement (Vanguard Natural Resources, LLC)

Management and Operations 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 Partners shall not have any power to control or manage the Partnership.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Spectra Energy Partners, LP), Limited Partnership Agreement (Spectra Energy Partners, LP), Limited Partnership Agreement (Spectra Energy Partners, LP)

Management and Operations 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.manage. ARTICLE VII

Appears in 2 contracts

Samples: Limited Partnership Agreement (Crosstex Energy Lp), Limited Partnership Agreement (Crosstex Energy Inc)

Management and Operations 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.. ARTICLE VII

Appears in 2 contracts

Samples: Limited Partnership Agreement (EXCO Partners, LP), Limited Partnership Agreement (Hiland Holdings GP, LP)

Management and Operations 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 business and affairs of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Teppco Partners Lp), Limited Partnership Agreement (Shamrock Logistics Lp)

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Management and Operations 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; , and the Limited Partner Partners shall not have any power to control or manage the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Dorchester Minerals Lp)

Management and Operations 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 Partners shall not have any power to control or manage the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Inergy Midstream, L.P.)

Management and Operations 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 fully vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the business and affairs of the Partnership. The General Partner shall manage the business and affairs of the Partnership on behalf of the Partnership in accordance and subject to the provisions of Article VII of each of the OLP Agreement and the MLP Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Valero L P)

Management and Operations 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 Partnershipmanage.

Appears in 1 contract

Samples: Limited Partnership Agreement (K-Sea Tranportation Partners Lp)

Management and Operations 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 no Limited Partner (in its capacity as such) shall not have any power to control or manage the Partnership.

Appears in 1 contract

Samples: Partnership Restructuring Agreement (Hess Midstream Partners LP)

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