Common use of No Management by Limited Partners Clause in Contracts

No Management by Limited Partners. Except as specifically --------------------------------- required under the Act or permitted under this Agreement, the Limited Partners shall not take part in the management or control of, and shall not bind or act for, the Partnership.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Hollywood Park Inc/New/), Partnership Agreement (Hollywood Park Fall Operating Co)

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No Management by Limited Partners. Except as specifically required --------------------------------- required under the Act or permitted under this Agreement, the Limited Partners shall not take part in the management or control of, and shall not bind or act for, the Partnership.

Appears in 1 contract

Samples: Partnership Agreement (Switzerland County Development Corp)

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No Management by Limited Partners. Except as specifically --------------------------------- required under the Act or permitted under this Agreement, the Limited Partners shall not take part in the management or control of, and shall not bind or act for, the Partnership.

Appears in 1 contract

Samples: Partnership Agreement (St Louis Casino Corp)

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