Common use of General Partner Clause in Contracts

General Partner. (a) The business, property and affairs of the Partnership shall be managed under the sole, absolute and exclusive direction of the General Partner, which may from time to time delegate authority to officers or to others to act on behalf of the Partnership.

Appears in 79 contracts

Samples: Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc)

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General Partner. (a) The business, property and affairs of the Partnership shall be managed under the sole, absolute and exclusive direction of the General Partner, which may from time to time delegate authority to officers Officers or to others to act on behalf of the Partnership.

Appears in 38 contracts

Samples: Limited Partnership Agreement (Beneficient), Limited Partnership Agreement (Beneficient), Limited Partnership Agreement (Ares Management Corp)

General Partner. (a) The businessGeneral Partner shall direct, property manage, conduct and control the affairs of the Partnership shall be managed under the solePartnership. Except as otherwise required by this Agreement or by non-waivable provisions of applicable law, absolute and exclusive direction of the General PartnerPartner shall have full and complete authority, which may from time power and discretion to time delegate authority to officers or to others to act on behalf manage and control the properties of the Partnership, to make all decisions regarding those matters and to perform any and all other acts or activities customary or incident to the management of the Partnership in fulfillment of the purposes of the Partnership as contemplated by this Agreement.

Appears in 5 contracts

Samples: Norcraft Companies, Inc., Norcraft Companies, Inc., Taylor Morrison Home Corp

General Partner. (a) The business, property and affairs business of the Partnership shall be managed by or under the sole, absolute and exclusive direction authority of the General Partner. The General Partner shall have full, which may from time exclusive and complete discretion, power, and authority, subject in all cases to time delegate authority the limitations and restrictions set forth in this Agreement, and the requirements of applicable law, to officers or to others to act on behalf manage, control, administer, and operate the business and affairs of the Partnership., including without limitation, the discretion, power and authority to:

Appears in 1 contract

Samples: Limited Partnership Agreement (Wells Real Estate Investment Trust Inc)

General Partner. (a) The business, property and affairs of the Partnership shall be managed under the sole, absolute and exclusive direction of the General Partner, which may from time . The General Partner shall have the general power to time delegate manage or cause the management of the Partnership within the scope of the business purpose set forth in Section 1.3 and shall have the authority to officers delegate to any officer of the Partnership the authority to make any lawful decision on the Partnership's behalf. No Limited Partner shall have any power or authority to others to act on behalf of bind the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Prodigy Communications Corp)

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General Partner. (a) The business, property and affairs of the Partnership shall be managed under the sole, absolute and exclusive direction of the General Partner, which may from time to time delegate authority to officers or to others to act on behalf of the Partnership.Without limiting the foregoing provisions of this Section 3.01, the General Partner shall have the general power to manage or cause the management of the Partnership (which may be delegated to officers of the Partnership), including, without limitation, the following powers:

Appears in 1 contract

Samples: Limited Partnership Agreement (KKR & Co. Inc.)

General Partner. (a) The business, property and affairs business of the Partnership shall be managed by or under the sole, absolute and exclusive direction authority of the General Partner. Except as hereinafter expressly provided, which may from time the General Partner shall have full, exclusive and complete discretion, power, and authority, without limitation except as expressly provided herein, to time delegate authority to officers or to others to act on behalf manage, control, administer, and operate the business and affairs of the Partnership., including without limitation, the discretion, power and authority to:”;

Appears in 1 contract

Samples: Wells Real Estate Investment Trust Inc

General Partner. (a) The business, property and affairs of the Partnership shall be managed under the sole, absolute and exclusive direction of the General Partner, which may from time to time delegate authority to officers or to others to act on behalf of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Blackstone Group L.P.)

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