Common use of No Management by Limited Partners Clause in Contracts

No Management by Limited Partners. No Limited Partner, in its capacity as such, shall take part in the day-to-day management, operation or control of the business and affairs at the Partnership. The Limited Partner shall not have any right, power, or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A Limited Partner shall have no rights other than those specifically provided herein or granted by law.

No Management by Limited Partners. No Limited Partner, in its capacity Partners as such, such shall take no part in, or at any time interfere in any manner with, the day-to-day management, operation conduct, or control of the Partnership’s business and affairs at the Partnership. The Limited Partner operations and shall not have any right, power, no right or authority to transact act or bind the Partnership in any business manner whatsoever. Except as expressly provided for in this Agreement, the name of Limited Partners do not have the right to vote on or consent to any matter, nor is their vote or consent required for any action by the Partnership or to act for or on behalf of or to bind the Partnership. A Limited Partner shall have no rights other than those specifically provided herein or granted by lawGeneral Partner.

No Management by Limited Partners. No The Limited Partner, in its capacity as such, Partners shall take no part in the management of the Partnership nor shall they have any right or authority to act for or bind the Partnership. The exercise of the rights and powers of a Limited Partner under any provisions hereof shall not be deemed taking part in the day-to-day management, operation or control of the business and affairs at the Partnership. The Limited Partner shall not have any right, power, or authority to transact any business in the name of the Partnership or to act for or on behalf the exercise of or to bind the Partnership. A Limited Partner shall have no rights other than those specifically provided herein or granted by lawcontrol over Partnership affairs.

No Management by Limited Partners. No Limited Partner (other than the General Partner, in its capacity as such, shall ) will take part in the day-to-day management, operation operation, or control of the business and affairs at of the Partnership. The Limited Except and only to the extent expressly provided for in this Agreement and as delegated by the General Partner, no Partner shall not or other Person, other than the General Partner, will be an agent of the Partnership or have any right, power, power or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A Limited Partner shall have no rights other than those specifically provided herein or granted by law.

No Management by Limited Partners. No Limited Partner (other than the General Partner or any agent or employee of the General Partner, in its capacity as such, if such Person shall also be a Limited Partner) shall take part in the day-to-day management, operation or control of the business and affairs at of the Partnership. The Limited Partner Partners shall not have any right, power, or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A The Limited Partner Partners shall have no rights right other than those specifically provided herein or granted by law.those

No Management by Limited Partners. No Limited Partner, in its capacity as such, shall take part in the day-to-day management, operation or control of the business and affairs at the Partnership. The Limited Partner Partners shall not have any right, power, or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A Limited Partner shall have no rights other than those specifically provided herein or granted by law.

No Management by Limited Partners. No The Limited Partner, in its capacity as such, Partners shall take no part in the day-to-day management, operation conduct or control of the Partnership’s business and affairs at the Partnership. The Limited Partner shall not have any right, power, no right or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A The exercise of any of the rights and powers of the Limited Partner Partners pursuant to the terms of this Agreement shall have no rights other than those specifically provided herein not be deemed taking part in the day-today affairs of the Partnership or granted by lawthe exercise of control over the affairs of the Partnership.

No Management by Limited Partners. No Limited Partner (other than the General Partner or any agent or employee of the General Partner, in its capacity as such, if such Person shall also be a Limited Partner) shall take part in the day-to-day management, operation or control of the business and affairs at of the Partnership. The Limited Partner Partners shall not have any right, power, or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A The Limited Partner Partners shall have no rights right other than those specifically provided herein or granted by lawlaw where consistent with a valid provision hereof.

No Management by Limited Partners. No The Limited Partner, in its capacity as such, Partner(s) shall take no part in the management of or transact any business for or on behalf of the Partnership and shall not have any right or authority to act for or bind the Partnership. The exercise of the rights and powers of a Limited Partner under Sections 7.2. and 7.4. hereof shall not be deemed taking part in the day-to-day management, operation or control of the business and affairs at the Partnership. The Limited Partner shall not have any right, power, or authority to transact any business in the name of the Partnership or to act for or on behalf of or to bind the Partnership. A Limited Partner shall have no rights other than those specifically provided herein or granted by lawexercise of control over Partnership affairs.