Powers and authority of the General Partner Sample Clauses

Powers and authority of the General Partner. The General Partner shall, have full power and authority to act for, bind and commit the· Partnership, within the parameters of this Agreement, and to manage and control the Partnership, including without limitation the power and authority:
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Powers and authority of the General Partner. 9.1 The General Partner is the manager of the Partnership and no person dealing with the Partnership is required to inquire into the authority of the General Partner to take any action or to make any decision in the name of the Partnership.
Powers and authority of the General Partner. Notwithstanding any other provision of this Agreement, without the prior approval of the greater of a Majority In Interest of the Limited Partners or such other approval as may be required by applicable law, the General Partner shall not have the right or power to do any of the following without the approval or written consent of a Majority In Interest of the Partners:
Powers and authority of the General Partner. The Partners hereby acknowledge and agree that the General Partner (without the necessity of any further consent or authorization of any Partner) shall have complete and exclusive control over the management of the Partnership's business and affairs, and the Limited Partners shall have no right to participate in the management or conduct of such business or affairs nor any power or authority to act for or on behalf of the Partnership in any respect whatsoever. Except as otherwise expressly provided in this Agreement, the General Partner shall have the right, power and authority, on behalf of the Partnership and in its name, to exercise all of the rights, powers and authority permitted to general partners under the Act, including, without limitation, the power and authority to do all of the following, at such times and on such terms and conditions as it deems to be in the best interests of the Partnership:
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