Common use of Rights and Obligations of the Limited Partners Clause in Contracts

Rights and Obligations of the Limited Partners. 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

Appears in 42 contracts

Samples: Limited Partnership Agreement (Cantor Fitzgerald Income Trust, Inc.), Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.), Limited Partnership Agreement (InPoint Commercial Real Estate Income, Inc.)

AutoNDA by SimpleDocs

Rights and Obligations of the Limited Partners. 8.1 Management 10.1 No Participation in Management. No Limited Partner, in its capacity as such, shall take part in the management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they 's business, transact any business for in the Partnership, nor shall they 's name or have the power to sign documents for or otherwise bind the Partnership, such powers being vested solely and exclusively . Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the General Partnermanagement of the Partnership's business.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Starwood Hotel & Resorts Worldwide Inc), Limited Partnership Agreement (Starwood Hotel & Resorts Worldwide Inc), Limited Partnership Agreement (Starwood Hotel & Resorts Worldwide Inc)

Rights and Obligations of the Limited Partners. 8.1 Management 1Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Ares Real Estate Income Trust Inc.), Limited Partnership Agreement (Ares Real Estate Income Trust Inc.), Limited Partnership Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.)

Rights and Obligations of the Limited Partners. 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Limited Partnership Agreement (Americold Realty Trust)

AutoNDA by SimpleDocs

Rights and Obligations of the Limited Partners. 8.1 8.01 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

Appears in 1 contract

Samples: Third Amended and Restated Agreement of Limited Partnership (Condor Hospitality Trust, Inc.)

Rights and Obligations of the Limited Partners. 8.1 Section 8.01 Management of the Partnership. ----------------------------- The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (G Reit Inc)

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