Common use of Powers of the Limited Partners Clause in Contracts

Powers of the Limited Partners. The Limited Partners shall take no part in the management of the business or transact any business for the Partnership and shall have no power to sign for or bind the Partnership; provided, however, that the Limited Partners, by a Majority Vote, without the concurrence of the General Partners, shall have the right to:

Appears in 3 contracts

Samples: Rent and Lease Term (Behringer Harvard Short Term Opportunity Fund I Lp), Behringer Harvard Mid Term Value Enhancement Fund I Lp, Behringer Harvard Short Term Opportunity Fund I Lp

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Powers of the Limited Partners. The Limited Partners shall ------------------------------ take no part in the control, management or conduct of the business or transact any business for affairs of the Partnership and nor shall the Limited Partners have no power any authority to sign vote on Partnership matters or to act for or bind the Partnership; provided, however, that the Limited Partners, by a Majority Vote, without the concurrence on behalf of the General Partners, shall have the right to:Partnership except as otherwise required by law.

Appears in 3 contracts

Samples: Internet Capital Group Inc, Internet Capital Group Inc, Internet Capital Group Inc

Powers of the Limited Partners. The Limited Partners shall take no part in the control, management or conduct of the business or transact any business for affairs of the Partnership and nor shall the Limited Partners have no power any authority to sign vote on Partnership matters or to act for or bind the Partnership; provided, however, that the Limited Partners, by a Majority Vote, without the concurrence on behalf of the General Partners, shall have the right to:Partnership except as otherwise required by law.

Appears in 2 contracts

Samples: www.sec.gov, Internet Capital Group Inc

Powers of the Limited Partners. The Limited Partners shall take ---------------------------- no part in the control, management or conduct of the business or transact any business for affairs of the Partnership and nor shall the Limited Partners have no power any authority to sign vote on Partnership matters or to act for or bind the Partnership; provided, however, that the Limited Partners, by a Majority Vote, without the concurrence on behalf of the General Partners, shall have the right to:Partnership except as otherwise required by law.

Appears in 1 contract

Samples: Internet Capital Group Inc

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Powers of the Limited Partners. The Limited Partners shall take no part in the management of the business or transact any business for of the Partnership and shall have no power to sign for or bind the Partnership; provided, however, that the Limited Partners, by a Majority Vote, without the concurrence of the General Partners, shall have the right to:

Appears in 1 contract

Samples: Tower Park Marina Investors Lp

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