No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.
Appears in 10 contracts
Samples: Agreement of Limited Partnership (Brookfield Property REIT Inc.), Limited Partnership Agreement (Brookfield Property REIT Inc.), Merger Agreement (Brookfield Property Partners L.P.)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership.
Appears in 9 contracts
Samples: Limited Partnership Agreement (American Real Estate Investment Corp), Limited Partnership Agreement (Spieker Properties Inc), Limited Partnership Agreement (Bradley Operating L P)
No Participation in Management. Except as expressly permitted hereunderprovided herein, the Limited Partners shall not take no part in the management conduct or control of the Partnership’s business, transact any Partnership business in the Partnership’s name and shall have no right or have the power authority to sign documents act for or otherwise bind the Partnership.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners Partner shall not take part in the management or control of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise to bind the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Us Oncology Corporate Inc), Limited Partnership Agreement (Us Oncology Corporate Inc), Limited Partnership Agreement (Us Oncology Corporate Inc)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership; provided, that the foregoing shall not be deemed to limit the ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership, the General Partner or any Affiliate thereof, to act in such capacity.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Washington Prime Group Inc.), Limited Partnership Agreement (SPG SpinCo Subsidiary Inc.), Limited Partnership Agreement (Simon Property Group Inc /De/)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the PartnershipPartnership and shall have no rights, powers or authority, except as specifically provided herein.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Essex Portfolio Lp), Limited Partnership Agreement (Essex Portfolio Lp), Limited Partnership Agreement (Essex Property Trust Inc)
No Participation in Management. Except as expressly permitted hereunderprovided herein, the Limited Partners shall not take no part in the management conduct or control of the Partnership’s business, transact any Partnership business in the Partnership’s name and shall have no right or have the power authority to sign documents act for or otherwise bind the Partnership.;
Appears in 2 contracts
Samples: Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii)
No Participation in Management. Except No Limited Partner, in its capacity as expressly permitted hereundersuch, the Limited Partners shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership’s business.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Trump Plaza Associates), Agreement of Limited Partnership (Trump Entertainment Resorts Holdings Lp)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners shall not take part in the management or control of the Partnership’s 's business, transact any business in the Partnership’s name or 's name, have the power to sign documents for or otherwise bind the Partnership or except as required by the Act or expressly provided by this Agreement, have any right to vote on or consent to any matter, provided, however, that nothing in the foregoing shall be deemed to prohibit or preclude any Limited Partner or its Affiliates from serving as an officer, trustee, director or employee of the General Partner or its Affiliates or otherwise transacting business with the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Wackenhut Corrections Corp), Limited Partnership Agreement (Brandywine Realty Trust)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership; provided, that the foregoing shall not be deemed to limit the ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership, the General Partner or any Affiliate thereof to act in such capacity.
Appears in 2 contracts
Samples: Partnership Agreement (Considine Terry), Partnership Agreements (American Land Lease Inc)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners Partner shall not take ------------------------------ part in the management or control of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise to bind the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Aor Holding Co of Indiana Inc)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of of, or decisions regarding, the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Inland Retail Real Estate Trust Inc)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners Partner shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (HTS-Sunset Harbor Partner, L.L.C.)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners Partner shall not take part in the management or control of the Partnership’s 's business, transact any business in the Partnership’s name 's name, or have the power to sign documents for or otherwise bind the Partnership. The Limited Partner shall not be deemed to have participated in the management or control of the Partnership by virtue of approving or disapproving, by vote or otherwise, any matter submitted to the Partners hereunder.
Appears in 1 contract
Samples: Limited Partnership Agreement (Tidelands Oil & Gas Corp/Wa)
No Participation in Management. Except No Limited Partner, in its capacity as expressly permitted hereundersuch, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 1 contract
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership; PROVIDED, that the foregoing shall not be deemed to limit the ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership, either the Managing General Partner or Non-Managing General Partners, or any Affiliate thereof, to act in such capacity.
Appears in 1 contract
Samples: Limited Partnership Agreement (Simon Property Group L P /De/)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners Partner shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.
Appears in 1 contract
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership; PROVIDED, that the foregoing shall not be deemed to limit the ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership, the General Partner or any Affiliate thereof to act in such capacity.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Heritage Property Investment Trust Inc)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners shall not take part participate in the management or control of the Partnership’s 's business, nor shall the Limited Partners transact any business in for the Partnership’s name Partnership or have the power to sign documents act for or otherwise bind the Partnership, said powers being vested solely and exclusively in the General Partner.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Brookdale Living Communities Inc)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners shall not take part participate in the management or control of the Partnership’s 's business, nor shall any Limited Partner transact any business in for the Partnership’s name Partnership or have the power to sign documents act for or otherwise bind the Partnership, said powers being vested solely and exclusively in the General Partners.
Appears in 1 contract
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership; provided, that the foregoing shall not be deemed to limit the ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership, either the Managing General Partner or any Affiliate thereof, to act in such capacity.
Appears in 1 contract
Samples: Limited Partnership Agreement (Simon Property Group L P /De/)
No Participation in Management. Except as expressly permitted hereunder, the The Limited Partners Partner shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership; provided, however, that the foregoing shall not be deemed to limit the ability of a Limited Partner who is an officer, director or employee of the Partnership or any Affiliate thereof to act in such capacity.
Appears in 1 contract
Samples: Limited Partnership Agreement (Cleveland Indians Baseball Co Inc)
No Participation in Management. Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership; provided, that the foregoing shall not be deemed to limit the ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership, either the Managing General Partner or Non-Managing General Partners, or any Affiliate thereof, to act in such capacity.
Appears in 1 contract
Samples: Limited Partnership Agreement (SPG Realty Consultants Inc)
No Participation in Management. Except as expressly permitted ------------------------------ hereunder, the Limited Partners shall not take part in the management of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership.
Appears in 1 contract