No Authority to Act. No Limited Partner shall have the power to represent, act for, sign for, or to bind the Partnership. All authority to act on behalf of the Partnership is vested in the Management Committee. The Limited Partners consent to the exercise by the General Partners of the powers conferred on them by law and this Agreement.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Technology Funding Venture Partners Iv), Limited Partnership Agreement (Technology Funding Venture Partners Iv), Limited Partnership Agreement (Technology Funding Partners Iii L P)
No Authority to Act. No Limited Partner Partner, as such, shall have the power to represent, act for, sign for, for or to bind the PartnershipPartnership. All authority to act on behalf of the Partnership is vested in the Management Committee. The Limited Partners consent to the exercise by the General Partners of the powers conferred on them by law and this AgreementPartner.
Appears in 1 contract
Samples: Limited Partnership Agreement (Rush Enterprises Inc \Tx\)
No Authority to Act. No Limited Partner shall have the power to represent, act for, sign for, or to bind the Partnership. All authority to act on behalf of the Partnership is vested in the Management CommitteeGeneral Partners, subject to the supervision of and direction by the Individual General Partners. The Limited Partners consent to the exercise by the General Partners of the powers conferred on them by law and this Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (Technology Funding Venture Partners V)
No Authority to Act. No Limited Partner Partner, other than the General Partner, shall have the power to represent, act for, sign for, or to bind the Partnership. All authority to act on behalf of the Partnership is vested in the Management CommitteeBoard of Directors, Appropriate Officers and the General Partner. The Limited Partners consent to the exercise by the Board of Directors, Appropriate Officers and the General Partners Partner of the powers conferred on them by law and under this AgreementAgreement or otherwise permitted under the Act.
Appears in 1 contract
Samples: Limited Partnership Agreement (RIC Coinvestment Fund LP)
