Status of Limited Partners. Section 14.1 The Limited Partners shall not participate in the management or control of the Partnership's business nor shall they transact any business for the Partnership, nor shall they have the power to act for or bind the Partnership, said powers being vented solely and exclusively in the General Partners.
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Samples: First Wilkow Venture
Status of Limited Partners. Section 14.1 The Except as otherwise provided by this Agreement, the Limited Partners (as such) shall not participate in the management or control of the Partnership's business nor shall they transact any business for the Partnership, nor shall they have the power to act for or bind the Partnership, said powers being vented vested solely and exclusively in the General Partners.
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Samples: Taylor Capital Group Inc
Status of Limited Partners. Section 14.1 SECTION 14.1. The Limited Partners shall not participate in the management or control of the Partnership's business nor shall they transact any business for the Partnership, nor shall they have the power to act for or bind the Partnership, said powers being vented vested solely and exclusively in the General Partners. The Limited Partners shall have no interest in the stock or assets of the Corporate General Partner, or in any proceeds of any sales thereof (which sales shall not be restricted in any respect) by virtue of acquiring or owning Interests of the Partnership.
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Samples: Subscription Agreement (Carlyle Real Estate LTD Partnership Xiii)
Status of Limited Partners. Section 14.1 SECTION 14.1. The Limited Partners shall not participate in the management or control of the Partnership's business nor shall they transact any business for the Partnership, nor shall they have the power to act for or bind the Partnership, said powers being vented vested solely and exclusively in the General Partners. The Limited Partners shall have no interest in the stock or assets of the Corporate General Partner, or in any proceeds of any sales thereof (which sales shall not be restricted in any respect) by virtue of acquiring or owning Limited Partnership Interests of the Partnership.
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