PURPOSES AND POWERS OF THE PARTNERSHIP. NATURE OF THE BUSINESS OF THE PARTNERSHIP
PURPOSES AND POWERS OF THE PARTNERSHIP. The Partnership is organized for the purpose of seeking long-term capital appreciation through investing in a few (possibly only one) undervalued financial institutions. The Partnership shall have the authority to enter into and perform all contracts and other undertakings, and engage in all other activities and transactions as the General Partner may deem necessary, advisable, or convenient for carrying out the purposes of the Partnership, including (but not limited to) the authority to:
PURPOSES AND POWERS OF THE PARTNERSHIP. The principal purpose of the Partnership shall be to enter into (or ratify, if such Agreement has already been entered into) the Joint Venture Agreement with EPC for the purpose of engaging in the business of prospect generation and sales, and activities relating thereto, within the Continental United States and off shore state waters as described in a Private Placement Memorandum for the Partnership dated December 13, 1990 to which this Agreement was attached as an Exhibit. The purposes of this Partnership may be accomplished through:
PURPOSES AND POWERS OF THE PARTNERSHIP. The purpose of the Partnership shall be limited strictly to the acquisition, ownership, holding for investment, exploration and development of the Properties, which are held in the Brazilian Subsidiary. The Partnership may have no other purpose, and this Article may not be amended without the express written consent of all Partners, including the limited partners. The Partnership shall have and may exercise all powers necessary to the accomplishment of its purpose without the necessity of their specific enumeration herein.
PURPOSES AND POWERS OF THE PARTNERSHIP. The Partnership has been formed pursuant to the Partnership Law and continued in accordance with this Agreement for the purposes of (i) owning, operating, maintaining, administering, developing, holding, improving, rehabilitating, redeveloping, renovating, expanding, leasing, mortgaging, selling, exchanging, disposing of, and generally dealing in and with, the Development Opportunities, the Development Opportunity Interests, the Regional Centers, the Regional Center Interests, and any other property owned by the Partnership, (ii) financing or refinancing for any of the foregoing purposes, or for any other purpose in furtherance of, or necessary, convenient, or incidental to the business or requirements of the Partnership, (iii) seeking to acquire, acquiring, obtaining options or other rights to acquire (pursuant to a purchase for cash and/or other consideration, exchange, merger, contribution to the capital of the Partnership, or otherwise) interests in, or in Persons owning, or owning an interest or interests in, regional retail shopping centers (including mixed-use properties the retail component of which is or is anticipated to be of significant value in relation to the value of the entire mixed-use property), or property or properties in anticipation of developing same as a regional retail shopping center or centers, or any other property as shall be specifically, in all such cases, designated from time to time by the Managing General Partner, with the approval or at the direction of the Partnership Committee, (iv) holding an interest as a partner (general and/or limited) or shareholder in a management, leasing, development, administrative or other service company, including interests incidental to such interest, and (v) engaging in any other activities (including the ownership of property) that are in furtherance of or necessary or incidental or related to any of the foregoing. In furtherance of its purposes, but subject to the provisions of this Agreement, the Partnership has the power and is hereby authorized to, directly or indirectly:
PURPOSES AND POWERS OF THE PARTNERSHIP. The purposes of the Partnership shall be to promote and fund the design, development, construction, installation, operation, maintenance and purchase of a cogeneration facility ("Facility") to provide electricity, domestic hot water, heating and cooling, or of other facilities, and in connection therewith, to purchase or otherwise acquire, own, hold, lease, manage, operate, develop, exploit, improve, maintain, mortgage or otherwise dispose of, and generally to deal in and with property of any kind, character or description whatsoever, whether real, personal or mixed, tangible or intangible and wheresoever situate or evidenced, and any interests, rights, estates and privileges therein and to do all other things provided the same is not forbidden by the Act or other applicable laws. In furtherance of the purposes of the Partnership, the Partnership shall have the power to do any and all other things whatsoever necessary or desirable in connection with the foregoing or otherwise contemplated by this Agreement.
PURPOSES AND POWERS OF THE PARTNERSHIP. 8 Article 3.
PURPOSES AND POWERS OF THE PARTNERSHIP. (a) The Partnership has been organized for the purpose of seeking capital appreciation through its trading activities in Securities as described below, and to engage in all activities and transactions as the Managing General Partners may deem necessary or advisable in connection therewith, including, without limitation:
PURPOSES AND POWERS OF THE PARTNERSHIP. The principal purpose of the Partnership shall be as described in a Private Placement Memorandum for the Partnership to which this Agreement was attached as an Exhibit. The purposes of this Partnership may be accomplished through:
PURPOSES AND POWERS OF THE PARTNERSHIP. The Partnership is organized for the purpose of providing loans or otherwise providing financing (herein together with Loans made under Sec. 2.10, collectively called "Loans") to health care providers secured by equipment, real estate, inventory, stock, accounts receivable or cash flow (herein called "Collateral") and taking such actions as may be necessary or incidental to such purpose. Heath care providers include, without limitation, hospitals, physician groups, nursing homes, out- patient surgery centers, home health care companies, durable medical equipment companies and similar entities (herein called "Health Care Providers"). The Partnership may not engage in any investment, trading or financing activity of any kind other than as set forth above, but subject to such limitation, the Partnership shall have the power to engage in all activities and transactions that the General Partner may deem necessary or advisable in connection with the foregoing purpose.
