Common use of Rights Powers and Obligations of the General Partner Clause in Contracts

Rights Powers and Obligations of the General Partner. (a) The General Partner will have all of the rights, powers and obligations that may be possessed by a general partner pursuant to the Partnership Act and such rights, powers and obligations otherwise conferred by law. Without limiting the generality of Section 8.1, but subject to the limitations set out elsewhere in this Agreement, the General Partner has full power and authority for and on behalf of and in the name of the Partnership:

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

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Rights Powers and Obligations of the General Partner. (a) The General Partner will have all of the rights, powers and obligations that may be possessed by a general partner pursuant to the Partnership Act and such rights, powers and obligations otherwise conferred by lawApplicable Law. Without limiting the generality of Section 8.1, but subject to the limitations set out elsewhere in this Agreementanything herein, the General Partner has full power will be vested with the following rights and authority for powers and on behalf of and in shall have the name of following obligations, as the Partnershipcase may be:

Appears in 1 contract

Samples: Limited Partnership Agreement (Extendicare Real Estate Investment Trust)

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