Common use of Powers of the General Partner Clause in Contracts

Powers of the General Partner. The General Partner shall have and exercise the power on behalf and in the name of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered to carry out any and all of the purposes of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, without limitation, the power to:

Appears in 5 contracts

Samples: Limited Partnership Agreement (UC Asset LP), Limited Partnership Agreement (Wealthcasa Capital Fund, LP), Limited Partnership Agreement (UC Asset LP)

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Powers of the General Partner. The General Partner shall have shall, and exercise the power Limited Partner and Managing Limited Partner authorise the General Partner to, do all things and discharge all duties or requirements of or imposed on behalf and in the name of the Partnership that a general partner in a limited partnership may have by the Law (whether or exercise under the Act and is authorized and empowered to carry out any and all not on behalf of the purposes Partnership) and in particular so as to ensure, so far as the General Partner is able, that the liability of the Partnership Limited Partner is and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, without limitation, remains limited as provided in the power to:Law.

Appears in 2 contracts

Samples: Agreement (Acelity L.P. Inc.), Agreement (KCI Animal Health, LLC)

Powers of the General Partner. (a) The management, operation and policy of the Partnership shall be vested exclusively in the General Partner Partner, which shall have and exercise the power by itself, and shall be authorized and empowered on behalf and in the name of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered Partnership, to carry out any and all of the objects and purposes of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which that it may in its sole discretion deem necessary or advisable or incidental thereto, including, without limitation, all in accordance with and subject to the power to:other terms of this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Powers of the General Partner. The General ---------------------------------------------- Partner shall have the right, power and authority, in the management of the business and affairs of the Partnership, to do or cause to be done any and all acts deemed by the General Partner to be necessary or appropriate to effectuate the business, purposes and objectives of the Partnership. Without limiting the generality of the foregoing, the General Partner shall have and exercise the power on behalf and in the name authority without any further act, approval or vote of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered to carry out any and all of the purposes of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, without limitation, the power Partner to:

Appears in 2 contracts

Samples: Penelec Capital Trust, Met Ed Capital Trust

Powers of the General Partner. The General Partner shall have and exercise the power on behalf and in the name of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is hereby authorized and empowered to carry out and implement any and all of the purposes of the Partnership Partnership; and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, without limitationin that connection, the General Partner, except as otherwise expressly provided herein, shall have all the rights and powers as a general partner necessary to accomplish its duties hereunder, except as expressly limited in the Act. The General Partner shall have the right and power to designate others (other than General Partner Affiliates), to act in its behalf in implementing its actions as General Partner. The powers of the General Partner shall include, but shall not be limited to, the powers to do the following:

Appears in 2 contracts

Samples: Square One Energy Inc., Square One Energy Inc.

Powers of the General Partner. The General Partner shall have the right, power and exercise the power on behalf and authority, in the name management of the Partnership that a general partner in a limited partnership may have business and affairs of the Partnership, to do or exercise under the Act and is authorized and empowered cause to carry out be done any and all acts deemed by the General Partner to be necessary or appropriate to effectuate the business, purposes and objectives of the purposes Partnership. Without limiting the generality of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, without limitationforegoing, the General Partner shall have the power and authority without any further act, approval or vote of any Partner to:

Appears in 2 contracts

Samples: Metropolitan Edison Co, Pennsylvania Electric Co

Powers of the General Partner. The General Partner shall have and exercise all the power on behalf and in the name powers of the Partnership that a general partner in a limited partnership may have or exercise under the Act and as otherwise permitted by law (except as provided herein) as is authorized and empowered necessary or desirable to carry out any and all of the purposes of the Partnership, which powers shall be exercisable on behalf of the Partnership in the absolute discretion of the General Partner and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, includingshall include, without limitation, the power to:

Appears in 1 contract

Samples: Limited Partnership Agreement (Toll Finance Corp)

Powers of the General Partner. The General Partner shall will have full power and exercise the power authority for and on behalf of and in the name of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered to carry out any and all of the business purposes of the Partnership set forth in Section 2.4 and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts contracts, undertakings and other undertakings obligations which it may deem necessary or necessary, advisable or incidental thereto, including, including without limitationlimiting the generality of the foregoing, the full power toand authority:

Appears in 1 contract

Samples: www.awincomefund.ca

Powers of the General Partner. The General Partner shall have full charge of overall management, conduct, and exercise the power on behalf and in the name operation of the Partnership that a general partner in a limited partnership may all respects and in all matters, and shall have or exercise under the Act and is authorized and empowered authority to carry out any and all of the purposes act on behalf of the Partnership in all matters respecting the Partnership, its business, and its property, subject to perform (either itself any limitations provided by law or through in this Agreement. Notwithstanding the foregoing, the General Partner may not take any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, the following actions on behalf of the Partnership without limitation, the power toprior Consent of Limited Partners:

Appears in 1 contract

Samples: Cd Warehouse Inc

Powers of the General Partner. The General Partner shall have and exercise the power on behalf and in the name of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered to carry out any and all of the objects and purposes of the Partnership Partnership, and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which that it may deem necessary or advisable or incidental thereto, including, without limitation, the power to:

Appears in 1 contract

Samples: Limited Partnership Agreement (FSI Low Beta Absolute Return Fund)

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Powers of the General Partner. 5.2.1 The General Partner shall have and may exercise the power on behalf and in the name of the Partnership that a general partner in a limited partnership may have all powers and rights necessary, proper, convenient or exercise under the Act advisable to effectuate and is authorized and empowered to carry out any the purposes, business and all of the purposes objectives of the Partnership and to perform (either itself or through any of as permitted under the Act; provided, however, that the General Partner may delegate its Affiliates) all acts administrative responsibilities, and enter into the costs and perform all contracts and other undertakings which it may deem necessary or advisable or incidental expenses related thereto, including, without limitation, the power to:to an appropriate designee(s).

Appears in 1 contract

Samples: Limited Partnership Agreement

Powers of the General Partner. The General Partner shall ----------------------------- have the right, power and exercise the power on behalf and authority in the name management of the business and affairs of the Partnership that a general partner in a limited partnership may have to do or exercise under the Act and is authorized and empowered cause to carry out be done any and all acts deemed by the General Partner to be necessary, appropriate or convenient to effectuate the business, purposes and objectives of the purposes Partnership, all subject, however, to the provisions of Section 16.12 hereof. Without limiting the generality of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental thereto, including, without limitationforegoing, the General Partner shall have the power and authority without any further act, vote or approval of any Partner to:

Appears in 1 contract

Samples: Duquesne Light Co

Powers of the General Partner. The Except as set forth in Sections 4.3, 4.4, and 4.5, the General Partner shall have full, complete and exercise exclusive power to manage and control the power on behalf Partnership, and shall have the authority to take any action it deems to be necessary, convenient or advisable in connection with the name management of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered to carry out any and all of the purposes of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental theretoPartnership, including, without limitation, the power toand authority on behalf of the Partnership:

Appears in 1 contract

Samples: Partnership Agreement (Rex Energy Corp)

Powers of the General Partner. The General Partner shall have devote such time as may be necessary to supervise and exercise conduct the power on behalf and in the name affairs of the Partnership that a general partner in a limited partnership may have or exercise under the Act and Partnership. The General Partner is hereby authorized and empowered to carry out and implement any and all of the purposes of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which it may deem necessary or advisable or incidental theretoPartnership; and, including, without limitationin that connection, the power toGeneral Partner, except as otherwise expressly provided herein, has all the rights and powers of and shall be subject to all restrictions and liabilities of a general partner under the Revised Act. The powers of the General Partner shall include, but shall not be limited to the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (LDM Technologies Co)

Powers of the General Partner. (a) The management, operation and policy of the Partnership shall be vested exclusively in the General Partner Partner, which shall have and exercise the power by itself and shall be authorized and empowered on behalf and in the name of the Partnership that a general partner in a limited partnership may have or exercise under the Act and is authorized and empowered to carry out any and all of the objects and purposes of the Partnership and to perform (either itself or through any of its Affiliates) all acts and enter into and perform all contracts and other undertakings which that it may in its sole discretion deem necessary or advisable or incidental thereto, including, without limitation, all in accordance with and subject to the power to:other terms of this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (JER Investors Trust Inc)

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