Rights, Duties and Powers of the General Partner. (a) Subject to the terms and conditions of this Agreement, the General Partner shall have complete and exclusive responsibility (i) for all investment and investment management decisions to be undertaken on behalf of the Partnership and (ii) for managing and administering the affairs of the Partnership and shall have the power and authority to do all things necessary or proper to carry out its duties hereunder.
Appears in 2 contracts
Samples: Limited Partnership Agreement (American Physicians Capital Inc), Limited Partnership Agreement (American Physicians Capital Inc)
Rights, Duties and Powers of the General Partner. (a) Subject to the terms and conditions of this Agreement, the General Partner shall have complete and exclusive responsibility (i) for all investment and investment management decisions to be undertaken on behalf of the Partnership and (ii) for managing and administering the affairs of the Partnership Partnership, and shall have the power and authority to do all things necessary or proper to carry out its duties hereunder.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Urstadt Biddle Properties Inc), Urstadt Charles J
