Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:
Appears in 2 contracts
Samples: Limited Partnership Agreement (General Growth Properties, Inc.), Limited Partnership Agreement (General Growth Properties, Inc.)
Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:or
Appears in 1 contract
Samples: Limited Partnership Agreement (CBL & Associates Properties Inc)
Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairsaffairs and shall devote such time and effort to the Partnership as it shall deem reasonably necessary. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, ; deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:.
Appears in 1 contract
Samples: Limited Partnership Agreement (HTS-Sunset Harbor Partner, L.L.C.)
Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's assets, business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete powerpower and authority, authority and discretion exclusive discretion, to manage and control the business and affairs of the Partnership and take any and all such action actions for and on behalf of the Partnership and in its the Partnership's name as the General Partner shall, in its sole and absolute discretion, shall deem necessary or appropriate to conduct the Partnership's business and to carry out the purposes for which the Partnership was organized. Except Without limiting the generality of the foregoing, except as otherwise expressly provided herein, the General Partner shall shall, on behalf of and at the expense of the Partnership, have the right, power and authority:
Appears in 1 contract
Samples: Agreement of Limited Partnership (LTC Properties Inc)
Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, and subject to Section 7.3 hereof, the General Partner shall have the right, power and authority:
Appears in 1 contract
Samples: Limited Partnership Agreement (CBL & Associates Properties Inc)