Common use of Non-participation of Limited Partners in management Clause in Contracts

Non-participation of Limited Partners in management. The Limited Partners shall take no part in the management or control of the business and affairs of the Partnership and shall have no right or authority to act for or bind or commit the Partnership or to vote on matters relating to the Partnership other than as provided for in this Agreement.

Appears in 3 contracts

Samples: uploads-ssl.webflow.com, uploads-ssl.webflow.com, uploads-ssl.webflow.com

AutoNDA by SimpleDocs

Non-participation of Limited Partners in management. The Limited Partners shall take no part in the management or control of the business and affairs of the Partnership Partnership, and shall have no right or authority to act for or bind or commit the Partnership or to vote on matters relating to the Partnership other than as provided for in this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!