Rights, Authority And Voting Of The Limited Partners Sample Clauses

Rights, Authority And Voting Of The Limited Partners. 8.1 Limited Partners are Not Agents. Pursuant to Section 7 and the Certificate of Limited Partnership, the management of the Partnership is vested in the General Partner. No Limited Partner, acting solely in the capacity of a Limited Partner, is an agent of the Partnership nor can any Limited Partner in such capacity bind or execute any instrument on behalf of the Partnership.