Participation in Management. The Limited Partners (other than the General Partner) shall have no part in the management of the Partnership, and shall have no authority or right in their capacity as Partners to act on behalf of the Partnership in connection with any matter.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Equisource Hotel Fund I, LLP), Limited Partnership Agreement (CapSource Fund I, LP), Limited Liability Partnership Agreement (Equisource Hotel Fund I, LLP)
Participation in Management. The Limited Partners (other than Partner shall not have the General Partner) shall have no part right, power, or authority to participate in the ordinary and routine management of the Partnership, and shall have no authority Partnership affairs or right in their capacity as Partners to act on behalf of bind the Partnership in connection with any mattermanner.
Appears in 4 contracts
Samples: Agreement of Limited Partnership, Agreement of Limited Partnership, Agreement of Limited Partnership
Participation in Management. The Limited Partners (other than the General Partner) shall have A limited partner has no part right, authority or authority to participate in the normal and routine management of the Partnership, and shall have no authority 's affairs or right in their capacity as Partners to act on behalf of bind the Partnership in connection with any matter.way. 12.02
Appears in 1 contract
Samples: Limited Partnership Agreement
