Management by General Partner. (a) The General Partner shall manage the business and affairs of the Partnership. The General Partner shall have the power and authority to make all decisions regarding the business, affairs and properties of the Partnership and to perform any and all other lawful acts or activities necessary or convenient to the conduct, promotion or attainment of the business, purposes and activities of the Partnership, including the execution, delivery and performance of the Separation Agreements on behalf of the Partnership. No Limited Partner shall have any authority to act for, or undertake or assume any obligation or responsibility on behalf of, the Partnership.
Management by General Partner. The Partnership shall be managed exclusively by the General Partner and the General Partner shall devote such time to the business and affairs of the Partnership as it deems reasonably necessary therefor. No Limited Partner shall take part, or have the right or power to take part, in the control of the business of the Partnership, nor shall any Limited Partner have any right or authority to act for or bind the Partnership.
Management by General Partner. As among the Partners, the management, policies and control of the Partnership shall be vested exclusively in the General Partner.
Management by General Partner. The overall management and control of the business and affairs of the Partnership shall be vested in the General Partner in the manner described below. Except where expressly provided to the contrary in this Agreement, the General Partner shall have the full, exclusive and absolute right, power and authority to manage and control the Partnership and the property, assets and business thereof. The General Partner shall have all right, power and authority conferred upon it by law (except where expressly provided to the contrary in this Agreement) or under the provisions of this Agreement.
Management by General Partner. Subject to Section 8.3 below and subject to the provisions of the Act, the General Partner shall have exclusive authority to manage and control the day-to-day operations and affairs of the Partnership and to make all decisions regarding the business and property of the Partnership. The General Partner is hereby granted by the other Partners the right, power and authority to do on behalf of the Partnership all things which, in the General Partner's sole judgment, are necessary, proper or desirable to carry out and exercise such authority.
Management by General Partner. Charter Helicon shall be the General Partner of the Partnership. Except as otherwise required by applicable law and as provided below with respect to the Board of Directors, the powers of the Partnership shall at all times be exercised by or under the authority of, and the business, property and affairs of the Partnership shall be managed by, or under the direction of, the General Partner. The General Partner shall be authorized to elect, remove or replace directors and officers of the Partnership, who shall have such authority with respect to the management of the business and affairs of the Partnership as set forth herein or as otherwise specified by the General Partner in the resolution or resolutions pursuant to which such directors or officers were elected. The General Partner shall have the authority to convert the Partnership into a limited liability company and to take all actions necessary, convenient, desirable or incidental to such conversion. Except as otherwise required by applicable law, Charter Helicon, in its capacity as General Partner, shall be authorized to execute or endorse any check, draft, evidence of indebtedness, instrument, obligation, note, mortgage, contract, agreement, certificate or other document on behalf of the Partnership. No annual or regular meetings of the General Partner or the Partners are required. The General Partner may, by written consent, take any action which it is otherwise required or permitted to take at a meeting.
Management by General Partner. Except as otherwise specifically provided in this Agreement (including Section 7.2), the management of the Partnership shall be vested in the General Partner. Except as provided in Section 7.2 or as otherwise specifically provided in this Agreement, the General Partner shall have full, exclusive and complete discretion in the management and control of the business and affairs of the Partnership, and shall make all decisions affecting the Partnership’s business and affairs, including the delegation of such management and control to third party service providers. Except as otherwise provided herein, any action taken by the General Partner (in its capacity as such) shall constitute the act of and serve to bind the Partnership. All authority of the General Partner to act on behalf of the Partnership shall include the same authority to act on behalf of or direct the policies of the Subsidiary REIT (as the Subsidiary REIT’s manager) and each Property Entity either directly or by causing the Partnership or the Subsidiary REIT to act on behalf of or direct the policies of the Subsidiary REIT and each Property Entity. The General Partner shall have the right to cause the Partnership, the Subsidiary REIT and each Property Entity to acquire, finance, refinance, and lease real property to the extent consistent with the Investment Strategy. The General Partner shall have the right to cause the Partnership, the Subsidiary REIT and the Property Entities to dispose of any real property or interests therein in its sole discretion; provided that in connection with any decision to sell and liquidate substantially all of the assets of the Partnership, the Subsidiary REIT or the Property Entities in a single transaction or in a series of related transactions, the General Partner will use commercially reasonable efforts to structure the transaction as a sale of the Subsidiary REIT Common Stock, rather than as a sale of the Properties. The General Partner shall have the authority to make expenditures and engage in any acts and transactions on behalf of the Partnership, the Subsidiary REIT and the Property Entities that are not Major Decisions. The General Partner shall implement all Major Decisions approved by the Executive Committee pursuant to Section 7.2. The General Partner shall undertake the “Tax Undertakings” set forth in Exhibit E. The General Partner shall not employ, or permit any other Person to employ any funds or assets of the Partnership in any manner other than fo...
Management by General Partner. The General Partner shall conduct, direct and manage all activities of the Partnership. Except as otherwise expressly provided in this Agreement, all management powers over the business and affairs of the Partnership shall be exclusively vested in the General Partner, and no Limited Partner shall have any management power over the business and affairs of the Partnership. In addition to the powers now or hereafter granted a general partner of a limited partnership under applicable law or that are granted to the General Partner under any other provision of this Agreement, the General Partner, subject to Section 7.3, shall have full power and authority to do all things and on such terms as it determines to be necessary or appropriate to conduct the business of the Partnership, to exercise all powers set forth in Section 2.5 and to effectuate the purposes set forth in Section 2.4.
Management by General Partner. (a) Except as otherwise expressly provided in Section 15.3 of this Agreement, all management powers over the business and affairs of the Partnership shall be exclusively vested in the General Partner, and the Limited Partners shall not have any right of control or management power over the business and affairs of the Partnership. The General Partner may, from time to time, designate one or more individuals as Partnership officers to carry out the day-to-day operations of the Partnership’s activities. Such Partnership officers may include a president, vice-presidents, a secretary, a treasurer and such other officers as the General Partner shall designate.
Management by General Partner. 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.
