Common use of Officers of the Partnership Clause in Contracts

Officers of the Partnership. From time to time the General Partner may designate individual persons to serve as the officers of the Partnership. The officers of the Partnership shall be agents of the Partnership and have the powers and responsibilities customarily associated with a similar position in a corporation. The officers of the General Partner shall have the same positions as officers of the Partnership and shall serve in such position until such time as they resign or are removed by the General Partner.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Eye Care Centers of America Inc), Limited Partnership Agreement (Eye Care Centers of America Inc), Limited Partnership Agreement (Eye Care Centers of America Inc)

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Officers of the Partnership. From The Partnership shall have such officers, if any, as the General Partner from time to time may in its discretion elect or appoint. The Partnership may also have such agents, if any, as the General Partner from time to time may in its discretion choose. Each officer shall have such duties and powers as are commonly incident to his or her office and such additional duties and powers as the General Partner may designate individual persons from time to serve as time designate. Each officer and agent shall retain his or her authority at the officers discretion of the Partnership. The officers of the Partnership shall be agents of the Partnership and have the powers and responsibilities customarily associated with a similar position in a corporation. The officers of the General Partner shall have the same positions as officers of the Partnership and shall serve in such position until such time as they resign or are removed by the General Partner.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Trump Plaza Associates), Agreement of Limited Partnership (Trump Entertainment Resorts Holdings Lp)

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Officers of the Partnership. From The Partnership shall have such officers, if any, as the General Partner from time to time may in its discretion elect or appoint. The Partnership may also have such agents, if any, as the General Partner from time to time may in its discretion choose. Each officer shall have such duties and powers as are commonly incident to his or her office and such additional duties and powers as the General Partner may designate individual persons from time to serve as time designate. Each officer and agent shall retain his or her authority at the officers pleasure of the Partnership. The officers of the Partnership shall be agents of the Partnership and have the powers and responsibilities customarily associated with a similar position in a corporation. The officers of the General Partner shall have the same positions as officers of the Partnership and shall serve in such position until such time as they resign or are removed by the General Partner.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Trump Hotels & Casino Resorts Inc), Limited Partnership Agreement (Trump Donald J), Limited Partnership Agreement (Trump Hotels & Casino Resorts Funding Inc)

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