Common use of Management by General Partners Clause in Contracts

Management by General Partners. 7.1(a) The business affairs of the Partnership will be managed by the General Partners. The General Partners will have all necessary powers to carry out the purposes of the Partnership. In addition to the authority given to the General Partners by this Agreement and by law, the General Partners will have the specific authority to take the following actions.

Management by General Partners. 7.1(a(a) The business affairs of the Partnership will be managed by the General Partners. The General Partners will have all necessary powers to carry out the purposes of the Partnership. In addition to the authority given to the General Partners by this Agreement and by law, the General Partners will have the specific authority to take the following actions.

Management by General Partners. 7.1(a) 1. The General Partner shall be responsible for the exclusive management, operation and control of the business and affairs of the Partnership will partnership. The General Partner shall act as a "manager" of the partnership. If there is more than one General Partner, all obligations of the General Partners under this Agreement shall be managed joint and several. Any actions taken by the General Partners. The General Partners will have all necessary powers to carry out the purposes shall be valid if approved by a majority of the Partnership. In addition to the authority given to the General Partners by this Agreement and by law, the General Partners will have the specific authority to take the following actionsPartners.

Management by General Partners. 7.1(a) 1. The General Partner shall be responsible for the exclusive management, operation and control of the business and affairs of the Partnership will Partnership. The General Partner shall act as a "manager" of the Partnership. If there is more than one General Partner, all obligations of the General Partners under this Agreement shall be managed joint and several. Any actions taken by the General Partners shall be valid if approved by a majority of the General Partners. The General Partners will have all necessary powers to carry out the purposes of the PartnershipAGREEMENT OF LIMITED PARTNERSHIP OF XXXXXX PARTNERS, LTD. In addition to the authority given to the General Partners by this Agreement and by law, the General Partners will have the specific authority to take the following actions.--------------------------------------------------------------------------------