Common use of Management by General Partner Clause in Contracts

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. Subject to Section 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. Subject to Section 8.3 8.4 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.. 8.2