Common use of Management by the General Partner Clause in Contracts

Management by the General Partner. Except as otherwise expressly provided in this Agreement, full, complete and exclusive discretion to manage and control the business and affairs of the Partnership are and shall be vested in the General Partner, and no Limited Partner other than the Advisor shall have any right to participate in or exercise control or management power over the business and affairs of the Partnership. The General Partner may not be removed by the Limited Partners.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Griffin-American Healthcare REIT IV, Inc.), Agreement of Limited Partnership (Griffin-American Healthcare REIT IV, Inc.), Agreement of Limited Partnership (Griffin-American Healthcare REIT 4, Inc.)

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Management by the General Partner. Except as otherwise expressly provided in this Agreement, full, complete and exclusive discretion to manage and control the business and affairs of the Partnership are and shall be vested in the General Partner, and no Limited Partner other than the Advisor shall have any right to participate in or exercise control or management power over the business and affairs of the Partnership. The General Partner may not be removed by the Limited PartnersPartners with or without cause.

Appears in 7 contracts

Samples: Agreement of Limited Partnership (Paladin Realty Income Properties Inc), Limited Partnership Agreement (Paladin Realty Income Properties Inc), Limited Partnership Agreement (Paladin Realty Income Properties Inc)

Management by the General Partner. Except as otherwise expressly provided in this Agreement, full, complete and exclusive discretion to manage and control the business and affairs of the Partnership are and shall be vested in the General Partner, and no Limited Partner other than the Advisor shall have any right to participate in or exercise control or management power over the business and affairs of the Partnership. The General Partner may not be removed by the Limited PartnersPartners with or without cause.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Healthcare Realty Holdings, L.P.), Merger Agreement (Healthcare Realty Trust Inc)

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Management by the General Partner. Except as otherwise expressly provided in this Agreement, full, complete and exclusive discretion to manage and control the business and affairs of the Partnership are and shall be vested in the General Partner, and no Limited Partner other than the Advisor shall have any right to participate in or exercise control or management power over the business and affairs of the Partnership. The General Partner may not be removed by the Limited Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (American Healthcare REIT, Inc.)

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