Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 44 contracts
Samples: Limited Partnership Agreement (GasLog Partners LP), Limited Partnership Agreement (GasLog Partners LP), Limited Partnership Agreement (Navios Maritime Containers L.P.)
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Teekay LNG Partners L.P.), Exchange Agreement (Teekay Corp), Agreement of Limited Partnership (Teekay LNG Partners L.P.)
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Mxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx Sxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 5 contracts
Samples: Limited Partnership Agreement (KNOT Offshore Partners LP), Exchange Agreement (KNOT Offshore Partners LP), Limited Partnership Agreement (Altera Infrastructure L.P.)
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Dynagas LNG Partners LP), Limited Partnership Agreement (FAREASTERN SHIPPING LTD), Limited Partnership Agreement (Dynagas LNG Partners LP)
Management of Business. No Limited PartnerPartner or Assignee, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners or Assignees under this Agreement.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Teekay LNG Partners L.P.), Limited Partnership Agreement (Teekay LNG Partners L.P.), Limited Partnership Agreement (Teekay LNG Partners L.P.)
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx 00 xx xxx Section 30 of the Xxxxxxxx Xxxxxxx Islands Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (GasLog Partners LP), Limited Partnership Agreement
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx Sexxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (Golar LNG Partners LP)
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.Xxxxxxx
Appears in 1 contract
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Mxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx Sxxxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (Teekay LNG Partners L.P.)
Management of Business. No Limited Partner, in its capacity as such, shall participate in the operation, management or control (within the meaning of the Xxxxxxxx Islands Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director, employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participation in the control of the business of the Partnership by a limited partner of the Partnership (within the meaning of Xxxxxxx Sexxxxx 00 xx xxx Xxxxxxxx Xxxxxxx Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (Teekay LNG Partners L.P.)