Powers of Limited Partners. The Limited Partners shall not participate in the control of the Partnership and shall have no authority to act for or bind the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Cmgi Inc), Limited Partnership Agreement (Cmgi Inc), Limited Partnership Agreement (Cmgi Inc)
Powers of Limited Partners. The Limited Partners shall not participate in the management or control of the Partnership and business of the Partnership, or have any rights or powers with respect thereto, except those rights or powers expressly granted to them by the terms of this Agreement or those conferred on them by law. The Limited Partners shall not have no the authority to act for or bind the Partnership.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Aol Time Warner Inc), Agreement of Limited Partnership (Aol Time Warner Inc)
Powers of Limited Partners. The Limited Partners shall not participate take no part in the conduct or control of the Partnership business and shall have no authority or power to act for or to bind the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Millburn Multi-Markets Fund L.P.)
