Common use of No Control of Partnership; Other Limitations Clause in Contracts

No Control of Partnership; Other Limitations. (a) No Limited Partner, in its capacity as such, shall take any part in the control of the affairs of the Partnership, undertake any transactions on behalf of the Partnership or have any power to sign for or to bind the Partnership.

Appears in 3 contracts

Samples: Letter Agreement, Letter Agreement, Letter Agreement

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No Control of Partnership; Other Limitations. (a) No Limited Partner, in its capacity as such, shall take any part in the control of the affairs of the Partnership, or undertake any transactions on behalf of the Partnership Partnership, or have any power to sign for or to bind the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement

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