Examples of Limited Partners in a sentence
The General Partner shall have the power to sign documents in the name of all the Limited Partners pursuant to this power of attorney by affixing its signature with the indication that it is acting on behalf of the Limited Partners.
The Limited Partners shall take no part in the management or control of the business and affairs of the Partnership and shall have no right or authority to act for or bind or commit the Partnership or to vote on matters relating to the Partnership other than as provided for in this Agreement.
If the Partnership is unable to pay its debts to any third person, the liability of each Limited Partner in respect of such liabilities of the Partnership will be limited to the amount of that Limited Partner's Capital Investment as at the time such liability is lawfully required to be paid.
The principal place of business of the Partnership shall be at the current business premises of the General Partner, 5 A Waterstone Office park Somerset West or at such other place in the Republic of South Africa as the General Partner shall from time to time in writing determine and notify to the Limited Partners.
It shall not be required to be signed by the Limited Partners, and by purchasing the Tokens, the Limited Partners are deemed to accept all the terms and provisions herein and to be bound by such terms of this Agreement.