Common use of Management by General Partner Clause in Contracts

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.

Appears in 3 contracts

Samples: Tality Corp, Tality Corp, Cadence Design Systems Inc

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Management by General Partner. 18 23 (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.

Appears in 1 contract

Samples: Tality Corp

Management by General Partner. (a) The General Partner shall manage the business and affairs of the Partnership. The General Partner shall have the ----------------------------- sole and exclusive right and power to manage, control, and authority to make all decisions regarding conduct 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 Partnership that the General Partner shall have deems necessary, advisable or incidental to carry out any authority to act for, or undertake or assume any obligation or responsibility on behalf of, all of the objects and purposes of the Partnership.

Appears in 1 contract

Samples: E Trade Group Inc

Management by General Partner. (a) The General Partner shall manage the business and affairs of the PartnershipPartnership shall be carried on and managed by the General Partner, which shall have sole and absolute discretion with respect thereto. 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 devote to the conductPartnership’s business such time as it shall, promotion or attainment in its sole and absolute discretion, determine to be necessary for the performance of the business, purposes and activities its obligations as General Partner 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.

Appears in 1 contract

Samples: Limited Partnership

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Management by General Partner. (a) The General Partner shall manage be the sole manager of the Partnership business, shall have the right and power to make all decisions and take any and every action with respect to the property, the business and affairs of the Partnership, and shall have all the rights, power and authority generally conferred by law, or necessary, advisable or consistent with accomplishing the purposes of the Partnership. All such decisions or actions made or taken by the General Partner hereunder shall be binding upon all of the Partners and the Partnership. The powers of the General Partner to manage the Partnership business shall have include 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.to:

Appears in 1 contract

Samples: Limited Partnership Agreement (Glimcher Realty Trust)

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