Common use of Powers of the General Partner Clause in Contracts

Powers of the General Partner. Subject to the limitations set forth in this Agreement, the General Partner will possess and may exercise all of the powers and privileges granted to it by the Act including, without limitation, the ownership and operation of the assets contributed to the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth in Section 2.06.

Appears in 19 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management LLC), Exempted Limited Partnership Agreement (Apollo Global Management LLC), Exempted Limited Partnership Agreement (Apollo Global Management LLC)

AutoNDA by SimpleDocs

Powers of the General Partner. Subject to the limitations set forth in this Agreement, the General Partner will possess and may exercise all of the powers and privileges granted to it by the Act Partnership Law including, without limitation, the ownership and operation of the assets contributed to the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth in Section 2.06.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Powers of the General Partner. Subject to the limitations set forth in this AgreementSection 4.8 hereof, the General Partner will possess shall have all powers necessary or desirable to carry out the purposes, business and may exercise objectives of the Partnership and its duties as set forth herein and all of the powers power and privileges granted authority in connection therewith as may be specifically stated in this Agreement or as may be otherwise provided by law. The General Partner specifically has the power and authority to it by execute agreements, at the Act includingPartnership's expense and in its name, without limitation, for the ownership and operation acquisition of the assets contributed to Project and the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth Financing in Section 2.06connection therewith.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Province Healthcare Co)

Powers of the General Partner. Subject to Except as restricted by the limitations set forth rights of the Limited Partners as described in this Agreement, the General Partner will possess shall have the exclusive right and may exercise power to manage and operate the Partnership and to do all things necessary to carry out the purpose, business and objectives of the powers and privileges granted to it by the Act including, without limitation, the ownership and operation of the assets contributed to the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth in Section 2.06Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Signal Medical Services)

Powers of the General Partner. Subject A. In addition to any other rights and powers which the limitations set forth in General Partner may possess under this AgreementAgreement and the Act, the General Partner will possess shall have the power, except and may exercise all subject to the extent otherwise provided or limited in this Agreement: (1) to contribute the balance (after payment and retention of the powers and privileges granted to it by the Act including, without limitation, the ownership and operation of the assets contributed to the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership amounts set forth in Section 2.06.3.5) of all Capital Contributions to the NPI Partnership as required by the Limited Partnership's interest therein, and to execute the NPI Partnership Agreement (including any amendment and restatement thereof) on behalf of the Limited Partnership;

Appears in 1 contract

Samples: Limited Partnership Agreement (Geodyne Institutional Pension Energy Income P-2 LTD Ptnship)

AutoNDA by SimpleDocs

Powers of the General Partner. Subject to any limitation set out elsewhere in this Agreement and to the limitations set forth provided for in this Agreementthe Act, the General Partner will possess has full power and may exercise all exclusive authority for and on behalf of the powers and privileges granted Partnership, directly or through duly appointed agents (including the Manager) to it by the Act includingmanage, without limitation, the ownership and operation of the assets contributed to the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of control, administer and operate the purpose business and affairs of the Partnership set forth and shall be empowered to do any and all acts and things necessary, appropriate, proper, advisable, incidental to or convenient for the furtherance and accomplishment of the purposes and business of the Partnership described in Section 2.06this Agreement and for the protection and benefit of the Partnership.

Appears in 1 contract

Samples: Partnership Agreement

Powers of the General Partner. Subject to the limitations set forth in this AgreementSection 4.8 hereof, the General Partner will possess shall have all powers necessary or desirable to carry out the purposes, business and may exercise objectives of the Partnership and its duties as set forth herein and all of the powers power and privileges granted authority in connection therewith as may be specifically stated in this Agreement or as may be otherwise provided by law. The General Partner specifically has the power and authority to it by execute agreements, at the Act includingPartnership’s expense and in its name, without limitation, for the ownership and operation acquisition of the assets contributed to Project and the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth Financing in Section 2.06connection therewith.

Appears in 1 contract

Samples: Partnership Agreement (PHC Hospitals, LLC)

Powers of the General Partner. Subject to the limitations set forth in this AgreementSection 4.8 hereof, the General Partner will possess shall have all powers necessary or desirable to carry out the purposes, business and may exercise objectives of the Partnership and its duties as set forth herein and all of the powers power and privileges granted authority in connection therewith as may be specifically stated in this Agreement or as may be otherwise provided by law. The General Partner specifically has the power and authority to it by execute agreements, at the Act includingPartnership's expense and in its name, without limitation, for the ownership and operation acquisition of the assets contributed to Project and the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth financing in Section 2.06connection therewith.

Appears in 1 contract

Samples: Limited Partnership Agreement (Province Healthcare Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!