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

AutoNDA by SimpleDocs

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

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

AutoNDA by SimpleDocs

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)

Time is Money Join Law Insider Premium to draft better contracts faster.