Common use of Management by the General Partner Clause in Contracts

Management by the General Partner. The General Partner shall devote such time and attention, and shall diligently perform those duties as are reasonably necessary to manage effectively the Partnership's business; provided, that to the extent not inconsistent with the foregoing requirements of this Section 6.2 or the Investment Management Agreement, the General Partner shall be permitted to conduct other affairs as described in Section 6.5.

Appears in 2 contracts

Samples: Agreement (Gainsco Inc), Gainsco Inc

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Management by the General Partner. The General Partner shall devote --------------------------------- such time and attention, and shall diligently perform those duties duties, as are reasonably necessary to manage effectively the Partnership's business; provided, that affairs. Subject to the extent not inconsistent with provisions of the foregoing requirements of Act and this Section 6.2 or the Investment Management Agreement, the General Partner shall be permitted have the power to conduct other affairs as described in Section 6.5.perform acts necessary or appropriate for the efficient management of the Partnership including, without limitation, the right to:

Appears in 2 contracts

Samples: Agreement (Hollywood Park Inc/New/), Partnership Agreement (Hollywood Park Fall Operating Co)

Management by the General Partner. The General Partner shall exercise control and management of the business and assets of the Partnership. The General Partner shall devote such time and attention, attention to the Partnership and shall diligently perform those duties as are reasonably necessary to manage effectively the Partnership and the Property. The General Partner shall have the power to perform acts necessary or appropriate for the efficient management of the Partnership's business; provided. Without limiting the general powers conferred on the General Partner, that to the extent not inconsistent with the foregoing requirements powers of this Section 6.2 or the Investment Management Agreement, the General Partner in carrying out the purpose of the Partnership shall be permitted include the right to conduct other affairs as described in Section 6.5.do any or all of the following:

Appears in 2 contracts

Samples: Ten Broeck Tampa, LLC, Transcultural Health Develpment, Inc.

Management by the General Partner. The General Partner shall devote such time and attention, and shall diligently perform those duties duties, as are reasonably necessary to manage effectively the Partnership's business; provided, that ’s affairs. Subject to the extent not inconsistent with provisions of the foregoing requirements of Act and this Section 6.2 or the Investment Management Agreement, the General Partner shall be permitted have the power to conduct other affairs as described in Section 6.5.perform acts necessary or appropriate for the efficient management of the Partnership including, without limitation, the right to:

Appears in 1 contract

Samples: Partnership Agreement (St Louis Casino Corp)

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Management by the General Partner. Subject to the terms and provisions of this Agreement, and particularly Section 5(b) below, the General Partner has full and exclusive authority to control and manage the business and affairs of the Partnership. The General Partner shall will devote such time and attention, and shall diligently perform those duties attention to the Partnership’s business as are reasonably is necessary to manage effectively the Partnership's business; provided, that to the extent not inconsistent with the foregoing requirements of this Section 6.2 or the Investment Management Agreement, the General Partner shall be permitted to conduct other affairs as described in Section 6.5perform its duties hereunder.

Appears in 1 contract

Samples: Limited Partnership Agreement

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