Time Devoted to Partnership Sample Clauses

Time Devoted to Partnership. Each Partner shall devote his or her undivided time and attention and use the utmost of his or her skills and ability in furtherance of the Partnership business.
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Time Devoted to Partnership. Each of the General Partner and the --------------------------- Managing General Partner shall devote whatever time and attention to the business, affairs and operations of the Partnership is reasonably appropriate for Partnership purposes and is necessary to carry out the provisions of this Agreement.
Time Devoted to Partnership. Each of the Partners will seek to promote the interests of the Partnership to its greatest advantage and will devote sufficient time to the affairs of the Partnership to permit its efficient operation.
Time Devoted to Partnership. Each General Partner shall devote that portion of its time to the Partnership affairs necessary to fulfill its obligations hereunder as may be reasonably required by the Partnership business. Any Partner may engage in, acquire or possess an interest or interests in other business ventures of any nature or description, independently or with others, whether or not competitive with the business of the Partnership, including but not limited to, the real estate business in all its phases, which shall include without limitation, ownership, operation, management, syndication and development of real property, and neither the Partnership nor any Partner shall have any rights in or to such independent ventures or the income or profits derived therefrom. No Partner shall be obligated to present any particular investment opportunity or other opportunity to the Partnership or to the other Partner, even if such opportunity is of a character which, if presented to the Partnership or the other Partner, could or might be taken by the Partnership or such other Partner, and each such Partner shall have the right to take any investment for its own account (individually or as trustee) or to recommend any particular investment opportunity to any other Person whatsoever. Each Partner hereby acknowledges that each other Partner or its Affiliates currently own, or may in the future acquire, interests in real estate projects in the immediate vicinity of the Property that are or may be in competition with the Project. 6.7.
Time Devoted to Partnership. 11 5.6 Compensation........................................................................... 11 5.7 Role and Liability of Limited Partners................................................. 11 5.8
Time Devoted to Partnership. The General Partners shall devote so much time to the Partnership as is reasonably required to conduct the Partnership's business.
Time Devoted to Partnership. Each Partner shall devote the following amount of undivided time and attention to the Partnership business:
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Time Devoted to Partnership. The General Partner shall devote to the Partnership only such time as may be reasonably necessary for the proper performance of its duties hereunder, but the officers and directors of the General Partner shall not be required to devote their full time to the performance of such duties.
Time Devoted to Partnership. The Partners shall each devote such time to the Partnership as is reasonably necessary to carry out the provisions of this Agreement.
Time Devoted to Partnership. The following section sets forth the Partners' time requirements with respect to the Partnership. You decide what is necessary, whether full time or part time. Select the one that best describes your expectations of the Partners. 13.1 Each Partner will devote [x] (His or her full time / or such time as may be necessary to carry out the Partnership business), it being specifically understood that the Partners will utilize their best efforts to divide the responsibilities for the operation of the Partnership on an equal basis. 13.2 The interest in the overall good of the Partnership will take precedence over the individual interest of a Partner.
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