Restrictions on Management by Limited Partners. No Limited Partner, in its capacity as such, shall have the right or power to take part in the control of the Partnership or its business or affairs or the right or power to act for or bind the Partnership in any way. Where the action of a Limited Partner is required by this Agreement or applicable law, a Limited Partner may act by written consent.
Appears in 4 contracts
Samples: Agreement of Limited Partnership (TW Southcross Aggregator LP), Agreement of Limited Partnership (EIG BBTS Holdings, LLC), Agreement of Limited Partnership (EIG BlackBrush Holdings, LLC)