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 47 Section 7.2 Certificate of Limited Partnership 48 Section 7.3 Restrictions on Managing General Partner’s Authority 49 Section 7.4 Reimbursement of the Managing General Partner 49 Section 7.5 Outside Activities 50 Section 7.6 Loans from the Managing General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the Managing General Partner 51 Section 7.7 Indemnification 53 Section 7.8 Liability of Indemnitees 54 Section 7.9 Resolution of Conflicts of Interest 55 Section 7.10 Other Matters Concerning the Managing General Partner 57 Section 7.11 Purchase or Sale of Partnership Securities 57 Section 7.12 Registration Rights of the Managing General Partner and its Affiliates 57 Section 7.13 Reliance by Third Parties 59 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 45 Section 5.2 Number, Qualification and Term of Office of Directors 47 Section 5.3 Election of Directors 48 Section 5.4 Removal 48 Section 5.5 Resignations 48 Section 5.6 Vacancies 49 Section 5.7 Nomination of Directors 49 Section 5.8 Chairman of Meetings 49 Section 5.9 Place of Meetings 50 Section 5.10 Regular Meetings 50 Section 5.11 Special Meetings; Notice 50 Section 5.12 Action Without Meeting 50 Section 5.13 Conference Telephone Meetings 51 Section 5.14 Quorum 51 Section 5.15 Committees 51 Section 5.16 Alternate Members of Committees 52 Section 5.17 Minutes of Committees 52 Section 5.18 Remuneration 52 Section 5.19 Exculpation, Indemnification, Advances and Insurance 52 Section 5.20 Resolution of Conflicts of Interest; Standards of Conduct and Modification of Duties 57 Section 5.21 Certificate of Formation 58 Section 5.22 Officers 58 Section 5.23 Duties of Officers and Directors. 61 Section 5.24 Outside Activities 62 Section 5.25 Reliance by Third Parties 62 Section 5.26 Acquisitions by FIG LLC 63 ARTICLE VI BOOKS, RECORDS, ACCOUNTING AND REPORTS Section 6.1 Records and Accounting 63 Section 6.2 Fiscal Year 64 Section 6.3 Reports 64 ARTICLE VII TAX MATTERS
Management and Operation of Business. SECTION 7.1 Management SECTION 7.2 Certificate of Limited Partnership SECTION 7.3 Restrictions on the General Partner’s Authority SECTION 7.4 Reimbursement of the General Partner SECTION 7.5 Outside Activities
