Common use of Management of the Partnership Clause in Contracts

Management of the Partnership. Subject to the limitations of this section, of Section 3.04 and of Section 3.09, the General Partner shall be responsible for the management of the Partnership’s business and shall have full, exclusive and complete power and discretion, without the need for consent or approval of any other Partner, to make all decisions and to do all things which it deems necessary or desirable on behalf of the Partnership, including but not limited to the exercise of the powers specified in Section 3.02 on behalf of the Partnership.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Duke Realty Limited Partnership/), Limited Partnership Agreement (Duke Realty Limited Partnership/), Limited Partnership Agreement (Duke Realty Limited Partnership/)

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Management of the Partnership. Subject to the limitations of this section, of Section 3.04 and of Section 3.09, the General Partner shall be responsible for the management of the Partnership’s 's business and shall have full, exclusive and complete power and discretion, without the need for consent or approval of any other Partner, to make all decisions and to do all things which it deems necessary or desirable on behalf of the Partnership, including but not limited to the exercise of the powers specified in Section 3.02 on behalf of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Duke Realty Investments Inc), Limited Partnership Agreement (Duke Realty Investments Inc)

Management of the Partnership. Subject to the limitations of this section, of Section 3.04 and of Section 3.09, the (a) The General Partner shall be responsible for the management of the Partnership’s business and shall have full, complete and exclusive discretion to manage and complete power and discretioncontrol the business of the Partnership to the best of its ability, without the need for consent or approval of any other Partner, to make all decisions and to do any and all acts and things which it deems necessary necessary, proper or desirable on behalf convenient to carry out the purposes of the Partnership, including but not limited in accordance with and subject to the exercise provisions of the powers specified in Section 3.02 on behalf of the PartnershipArticle III hereof.

Appears in 1 contract

Samples: Limited Partnership Agreement (Regency Affiliates Inc)

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Management of the Partnership. Subject to the limitations of this section, of Section 3.04 and of Section 3.09Except as otherwise provided for or limited herein, the General Partner shall be responsible for the management exercise all of the Partnership’s business powers of the Partnership and shall have full, exclusive and complete power control and discretion, without discretion in the need for consent or approval of any other Partner, to make all decisions and to do all things which it deems necessary or desirable on behalf management of the Partnership, including but not limited to Partnership for the exercise of the powers specified purpose set forth in Section 3.02 on behalf of the Partnership4.1.

Appears in 1 contract

Samples: Limited Partnership Agreement (Medical Properties Trust, LLC)

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