Common use of No Management Rights Clause in Contracts

No Management Rights. Except as expressly provided in this Agreement, the Limited Partner shall not participate in the management or control of the Partnership’s business, be authorized to transact any business for the Partnership or have the power to act for or bind the Partnership.

Appears in 11 contracts

Samples: Dell Inc, Dell Inc, Dell Inc

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No Management Rights. Except as expressly provided in this Agreement, the The Limited Partner shall may not participate take part in the management or control of the Partnership’s business, be authorized to Partnership or transact any business for the Partnership or have the power to act for or bind on behalf of the Partnership. All management responsibility is vested in the General Partner, subject to the approval of the Limited Partner in those specific instances described in this Agreement.

Appears in 3 contracts

Samples: Barnett Shale Operating LLC, Barnett Shale Operating LLC, Agreement (Quinlan Jim Chevrolet Co)

No Management Rights. Except as expressly provided in this Agreement, the Limited Partner shall not participate in the management or control of the Partnership’s 's business, be authorized to transact any business for the Partnership or have the power to act for or bind the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bond Securitization LLC), Limited Partnership Agreement (Vw Credit Leasing LTD)

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No Management Rights. Except as expressly provided in this Agreement, the Limited limited Partner shall not participate in the management or control of the Partnership’s business, be authorized to transact any business for the Partnership or have the power to act for far or bind the Partnership.

Appears in 1 contract

Samples: Dell Inc

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