Common use of RIGHTS, OBLIGATIONS AND INDEMNIFICATION OF THE GENERAL PARTNER Clause in Contracts

RIGHTS, OBLIGATIONS AND INDEMNIFICATION OF THE GENERAL PARTNER. 8.1 RIGHTS OF THE GENERAL PARTNER AS MANAGER. Subject to the limitations imposed upon the General Partner in this Agreement (including, without limitation, Sections 8.3 and 8.4) the General Partner shall have the full, exclusive and complete duty and right to manage and control, and, within its discretion, shall make all decisions and take any necessary or appropriate action in connection with the Partnership's business. Without limiting the General Partner's power or authority under this Agreement or the Act, the General Partner may (without obtaining the consent or approval of any Partners) take or cause the Partnership to take the following actions if and when it deems any such action to be necessary, appropriate or advisable, at the sole cost and expense of the Partnership, subject however in all respects to the limitations imposed on the General Partner in this Agreement (including, without limitation, Sections 8.3 and 8.4):

Appears in 2 contracts

Samples: Limited Partnership Agreement (Southridge Plaza Holdings Inc), Limited Partnership Agreement (Southridge Plaza Holdings Inc)

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RIGHTS, OBLIGATIONS AND INDEMNIFICATION OF THE GENERAL PARTNER. 8.1 RIGHTS OF THE GENERAL PARTNER AS MANAGER. Subject to the limitations imposed upon the General Partner in this Agreement (including, without limitation, Sections 8.3 8.3, 8.4 and 8.48.5 hereof) the General Partner shall have the full, exclusive and complete duty and right to manage and control, and, within its reasonable discretion, shall make all decisions and take any necessary or appropriate action in connection with the Partnership's business. Without limiting the General Partner's power or authority under this Agreement or the Act, the General Partner may (without obtaining the consent or approval of any Partners) take or cause the Partnership to take the following actions if and when it deems any such action to be reasonably necessary, appropriate or advisable, at the sole cost and expense of the Partnership, subject however in all respects to the limitations imposed on the General Partner in this Agreement (including, without limitation, Sections 8.3 8.3, 8.4 and 8.48.5):

Appears in 1 contract

Samples: Contribution Agreement (Province Healthcare Co)

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RIGHTS, OBLIGATIONS AND INDEMNIFICATION OF THE GENERAL PARTNER. 8.1 RIGHTS OF THE GENERAL PARTNER AS MANAGER. Subject to the limitations imposed upon the General Partner in this Agreement (including, without limitation, Sections 8.3 and 8.4) the General Partner shall have the full, exclusive and complete duty and right to manage and control, and, within its discretion, shall make all decisions and take any necessary or appropriate action in connection with the Partnership's business. Without limiting the General Partner's power or authority under this Agreement or the Act, the General Partner may (without obtaining the consent or approval of any Partners) take or cause the Partnership to take the following actions if and when it deems any such action to be necessary, appropriate or advisable, at the sole cost and expense of the Partnership, subject however in all respects to the limitations imposed on the General Partner in this Agreement (including, without limitation, Sections 8.3 and 8.4):

Appears in 1 contract

Samples: Limited Partnership Agreement (Southridge Plaza Holdings Inc)

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