Common use of Management of the Partnership Clause in Contracts

Management of the Partnership. The management and control of the business and affairs of the Partnership shall be vested in the General Partner.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Delta Mine Holding CO), Limited Partnership Agreement (Delta Mine Holding CO), Agreement of Limited Partnership (Delta Mine Holding CO)

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Management of the Partnership. The management and control of the business and affairs of the Partnership shall be vested in managed by the General Partner. Any action so approved may be taken by the General Partner on behalf of the Partnership and any action so taken shall bind the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (FDR Ireland LTD), Limited Partnership Agreement (FDR Ireland LTD)

Management of the Partnership. The management and control of the business and affairs of the Partnership shall be vested in managed by the General Partner.

Appears in 2 contracts

Samples: Reorganization Agreement (Cobalt International Energy, Inc.), Limited Partnership Agreement (Cobalt International Energy, Inc.)

Management of the Partnership. The management and control of the business and affairs of the Partnership shall be vested solely in the General Partner, except as otherwise expressly provided in this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (General Public Utilities Corp /Pa/)

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Management of the Partnership. The General Partner shall be solely responsible for the management and control of the business and affairs of the Partnership shall be vested in including, without limitation, the General Partnermanagement of the Partnership Assets and the Partnership Business.

Appears in 1 contract

Samples: Limited Partnership Agreement (Meritage Corp)

Management of the Partnership. The overall management and control of the business and affairs of the Partnership shall be vested solely in the General PartnerPartners, who shall be responsible for the management of the Partnership’s business. The General Partners shall take such actions as may be necessary or appropriate in accordance with the provisions of this Agreement and applicable laws, and regulations. All decisions by the General Partners shall be determined by majority vote.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Brandon Limited Partnership No.1)

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