Common use of No Management and Control Clause in Contracts

No Management and Control. The Limited Partners shall take no part in the control, conduct or operation of the Partnership and shall have no right or authority to act for or bind the Partnership, including during the winding up period following dissolution of the Partnership. Other than as specifically provided in the Act or in this Agreement, no Limited Partner shall have the right to vote upon any matter concerning the business and affairs of the Partnership.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Four Corners Property Trust, Inc.), Limited Partnership Agreement (CSL Capital, LLC), Limited Partnership Agreement (CSL Capital, LLC)

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No Management and Control. The Except as expressly provided in this Agreement, no Limited Partners Partner shall take no part in or interfere in any manner with the control, conduct conduct, or operation of the Partnership and shall or have no any right or authority to act for or bind the Partnership, including during the winding up period following dissolution of Partnership or to vote on matters relating to the Partnership. Other than as specifically provided in the Act or in this Agreement, no The Limited Partner shall have not take any action with respect to the right Partnership or its Partnership Interest that requires the consent of its members pursuant to vote upon its operating agreement without first obtaining such consent, including any matter concerning the business and affairs Transfer of the Partnershipits Partnership Interest.

Appears in 2 contracts

Samples: Contribution and Formation Agreement (Insight Capital Inc), Insight Communications Co Inc

No Management and Control. The Except as expressly provided in this Agreement, no Limited Partners Partner shall take no part in or interfere in any manner with the control, conduct conduct, or operation of the Partnership and shall or have no any right or authority to act for or bind the Partnership, including during the winding up period following dissolution of the Partnership. Other than as specifically provided in the Act Partnership or in this Agreement, no Limited Partner shall have the right to vote upon any matter concerning the business and affairs of on matters relating to the Partnership.

Appears in 2 contracts

Samples: Insight Capital Inc, Insight Communications Co Inc

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No Management and Control. The Limited Partners shall take no part in or interfere in any manner with the control, conduct or operation of the Partnership and shall have no right or authority to act for or bind the Partnership, including during the winding up period following dissolution of the Partnership. Other than as specifically provided in the Act or in this Agreement, no Limited Partner shall have the right to vote upon any matter concerning the business and affairs of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Clear Channel Identity, Inc.)

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