Management by Managing General Partner Sample Clauses

Management by Managing General Partner. The day to day operations of the Partnership shall be managed by the Managing General Partner. Except as otherwise expressly set forth elsewhere in this Agreement, all business decisions and other management decisions shall be made by the Managing General Partner. Unless specifically stated otherwise, any decision that allows or requires approval by the Partners shall mean approval by a majority in Partnership interests of the Partners. The Partners hereby elect USCMC as the Managing General Partner; the Managing General Partner may only be removed as Managing Partner for cause, or by the unanimous consent of all Partners.