Management and Operation of Business. 37 6.1 Management...................................................................................37 6.2 Certificate of Limited Partnership...........................................................38 6.3 Restrictions on General Partner's Authority..................................................38 6.4 Reimbursement of the General Partner.........................................................39 6.5
Management and Operation of Business. Section 7.1 Management 59 Section 7.2 Replacement of Fiduciary Duties 61 Section 7.3 Certificate of Limited Partnership 61 Section 7.4 Restrictions on the General Partner’s Authority 62 Section 7.5 Reimbursement of the General Partner 62 Section 7.6 Outside Activities 63 Section 7.7 Indemnification 64 Section 7.8 Liability of Indemnitees 66 Section 7.9 Standards of Conduct and Modification of Duties 67 Section 7.10 Other Matters Concerning the General Partner and Indemnitees 68 Section 7.11 Purchase or Sale of Partnership Interests 69 Section 7.12 Registration Rights of the General Partner and its Affiliates 69 Section 7.13 Reliance by Third Parties 71
Management and Operation of Business. Section 5.1 Establishment of the Board 6 Section 5.2 The Board; Delegation of Authority and Duties 6 Section 5.3 Term of Office 7 Section 5.4 Meetings of the Board and Committees 7 Section 5.5 Voting 8 Section 5.6 Responsibility and Authority of the Board 9 Section 5.7 Devotion of Time 10 Section 5.8 Certificate of Formation 10 Section 5.9 Benefit Plans 10 Section 5.10 Indemnification 10 Section 5.11 Liability of Indemnitees 12 Section 5.12 Reliance by Third Parties 13 Amended and Restated Limited Liability Company Agreement of OTLP GP, LLC
Management and Operation of Business. 1. Except as restricted by this Agreement, the Company has the sole and exclusive right to manage, operate, and maintain the efficiency of the business and working forces. This includes the rights: to hire, discipline, suspend and discharge employees for just cause; to hire, promote and demote employees, and maintain discipline and efficiency in the Company’s facilities; to determine where and when to operate scheduled or unscheduled flights; to determine the type and location of facilities, equipment, and aircraft the Company will utilize; to sell or discontinue all or part of the business; to sell or lease aircraft or facilities; to determine marketing methods and strategies; to enter into code sharing, affiliation, or marketing agreements with other carriers; and to invest (including equity investments) in other business entities including, without limitation, other air carriers.
Management and Operation of Business. Section 7.1. Management 37 Section 7.2. Certificate of Limited Partnership 39 Section 7.3. Restrictions on General Partner’s Authority 39 Section 7.4. Reimbursement of the General Partner 40 Section 7.5. Outside Activities 41 Section 7.6. Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the General Partner 42 Section 7.7. Indemnification 43 Section 7.8. Liability of Indemnitees 45 Section 7.9. Resolution of Conflicts of Interest 46 Section 7.10. Other Matters Concerning the General Partner 47 Section 7.11. Purchase or Sale of Partnership Securities 48 Section 7.12. Reliance by Third Parties 48 ARTICLE VIII
Management and Operation of Business. Section 6.1 Power and Authority of Board of Directors 29 Section 6.2 Number, Qualification and Term of Office of Directors 32 Section 6.3 Election of Directors 32 Section 6.4 Removal 32 Section 6.5 Resignations 33 Section 6.6 Vacancies 33 Section 6.7 Chairman of Meetings 33 Section 6.8 Place of Meetings 33 Section 6.9 Meetings; Notice 33 Section 6.10 Action Without Meeting 34 Section 6.11 Conference Telephone Meetings 34 Section 6.12 Quorum 34 Section 6.13 Committees 34 Section 6.14 Alternate Members of Committees 35 Section 6.15 Remuneration 35 Section 6.16 Exculpation, Indemnification, Advances and Insurance 35 Section 6.17 Resolution of Conflicts of Interest; Standards of Conduct and Modification of Duties 40 Section 6.18 Certificate of Formation 43 Section 6.19 Officers 43 Section 6.20 Duties of Officers and Directors 44 Section 6.21 Reliance by Third Parties 44 Section 6.22 Manager 45
Management and Operation of Business. Section 7.1.
Management and Operation of Business. Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the Partnership.
Management and Operation of Business. Section 5.1 Power and Authority of Board of Directors 33 Section 5.2 Number, Qualification and Term of Office of Directors 35 Section 5.3 Election of Directors 35 Section 5.4 Removal 36 Section 5.5 Resignations 36 Section 5.6 Vacancies 36 Section 5.7 Nomination of Directors 36 Section 5.8 Chairman of Meetings 37 Section 5.9 Place of Meetings 37 Section 5.10 Regular Meetings 37 Section 5.11 Special Meetings; Notice 37 Section 5.12 Action Without Meeting 37 Section 5.13 Conference Telephone Meetings 38 Section 5.14 Quorum 38 Section 5.15 Committees 38 Section 5.16 Alternate Members of Committees 38 Section 5.17 Minutes of Committees 39 Section 5.18 Remuneration 39 Section 5.19 Exculpation, Indemnification, Advances and Insurance 39 Section 5.20 Resolution of Conflicts of Interest; Standards of Conduct and Modification of Duties 42 Section 5.21 Certificate of Formation 43 Section 5.22 Officers 43 Section 5.23 Duties of Officers and Directors 45 Section 5.24 Outside Activities 46 Section 5.25 Reliance by Third Parties 46 Section 5.26 Acquisitions by FIG LLC 47 ARTICLE VI BOOKS, RECORDS, ACCOUNTING AND REPORTS Section 6.1 Records and Accounting 47 Section 6.2 Fiscal Year 47 Section 6.3 Reports 47 ARTICLE VII
Management and Operation of Business. Section 7.1 Management 41 Section 7.2 Certificate of Limited Partnership 42 Section 7.3 Restrictions on Managing General Partner’s Authority 43 Section 7.4 Reimbursement of the Managing General Partner 44 Section 7.5 Outside Activities 45