Common use of Authority of General Partner Clause in Contracts

Authority of General Partner. The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs of the Partnership, including without limitation the power and authority to:

Appears in 25 contracts

Samples: Partnership Agreement (Kimball Hill, Inc.), Limited Partnership Agreement (Kimball Hill, Inc.), Palms Partnership Agreement (Kimball Hill, Inc.)

AutoNDA by SimpleDocs

Authority of General Partner. The General Partner shall have sole exclusive authority to manage the business operations and affairs of the Partnership, which authority Partnership and to make all decisions regarding the business of the Partnership and shall devote such time to the Partnership as shall be delegated reasonably required for its welfare and success. The General Partner, without limitation on any power that may be conferred upon it by law, and except as may be provided in this Agreement. Subject to the limitations contrary elsewhere in this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business full power, right and affairs of the Partnership, including without limitation the power and authority toauthority:

Appears in 23 contracts

Samples: Edgewater Limited Partnership Agreement (National Credit & Guaranty CORP), Farms Limited Partnership Agreement (National Credit & Guaranty CORP), Limited Partnership Agreement (National Credit & Guaranty CORP)

Authority of General Partner. (a) The General Partner shall have sole exclusive authority to manage and control the business and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. Subject Pursuant to the limitations in this Agreementforegoing, the General Partner shall have all of the authority to take rights and powers of a general partner as provided in the Act and as otherwise provided by law, and any action it deems taken by the General Partner shall constitute the act of and serve to be necessary or appropriate in connection bind the Partnership. In dealing with the business and affairs General Partner acting on behalf of the Partnership, including without limitation no person shall be required to inquire into the power and authority to:of such Partner to bind the Partnership.

Appears in 16 contracts

Samples: Agreement of Limited (Hughes MRO, Ltd.), Agreement (HSI IP, Inc.), Agreement of Limited (Hughes MRO, Ltd.)

Authority of General Partner. The General Partner shall have sole authority In addition to manage the business and affairs not in limitation of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in any rights and powers conferred by law or other provisions of this Agreement, the General Partner shall have and may exercise on behalf of the authority Partnership all powers and rights necessary, proper, convenient or advisable to take any action it deems to be necessary or appropriate in connection with effectuate and carry out the purposes, business and affairs objectives of the Partnership. Such powers shall include, including without limitation limitation, the power and authority tofollowing powers:

Appears in 4 contracts

Samples: Carey Diversified Properties LLC, Carey Diversified Properties LLC, Carey Diversified Properties LLC

Authority of General Partner. The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in terms and provisions of this Agreement, the General Partner shall have exclusive management and control of the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs of the Partnership, including without limitation Partnership and shall have the power and authority toto do all things necessary or proper to carry out the purposes of the Partnership. Without limiting the generality of the authority of the General Partner, and subject to the terms and provisions of this Agreement, the General Partner shall have full power and authority, at the expense of the Partnership:

Appears in 3 contracts

Samples: Divine Interventures Inc, Divine Interventures Inc, Divine Interventures Inc

Authority of General Partner. The General Partner shall have sole authority Subject to manage the terms hereof, the management and control of the business and affairs of the Partnership, which authority Partnership and the Properties of the Partnership shall be delegated as provided exclusively vested in this Agreement. Subject to the limitations in this Agreement, the General Partner who shall (subject to the terms hereof) have (a) the authority sole and exclusive right to take any action it deems to be necessary or appropriate in connection with manage the business and affairs of the Partnership (including, without limitation, with respect to the Partnership, including without limitation ’s incurrence and repayment of indebtedness) and (b) all of the power rights and authority to:powers which may be possessed by general partners under the Act.

Appears in 2 contracts

Samples: HFF, Inc., HFF, Inc.

Authority of General Partner. The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. 6.2.1 Subject to the limitations in terms and provisions of this Agreement, the General Partner shall have exclusive management and control of the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs of the Partnership, including without limitation Partnership and shall have the power and authority to:to do all things necessary or proper to carry out the purposes of the Partnership.

Appears in 2 contracts

Samples: Agreement (Divine Interventures Inc), Divine Interventures Inc

Authority of General Partner. The General Partner shall have sole authority to manage the business power by himself on behalf and affairs in the name of the Partnership, which authority shall be delegated as provided Partnership to carry out any and all of the objects and purposes of the Partnership set forth in this Agreement. Subject paragraphs (a) and (b) of Section 1.05 and to the limitations in this Agreement, the General Partner shall have the authority to take any action it deems to be perform all acts and enter into and perform all contracts and other undertakings that he may deem necessary or appropriate advisable or incidental thereto, in connection with the business and affairs best interests of the Partnership, including without limitation the power and authority to:

Appears in 1 contract

Samples: Limited Partnership Agreement (Millbrook Partners L P)

Authority of General Partner. (a) The General Partner shall conduct, direct and exercise full control over the activities of the Partnership. The General Partner shall have sole authority to manage all the business rights and affairs powers of the Partnership, which authority shall be delegated a general partner as provided in the Act, under any other applicable laws and by this Agreement, except to the extent that such powers may be expressly limited by the Act, such other laws or this Agreement. Subject to the limitations in this AgreementExcept as so limited, the General Partner shall have the authority exclusive right and power to take any action it deems manage the business of the Partnership and is authorized to be do on behalf of the Partnership all things which, in its discretion, are necessary or appropriate in connection with the business and affairs of to carry out the Partnership's purpose, including without limitation the power and authority tofollowing:

Appears in 1 contract

Samples: Bki Asset Management Corp

Authority of General Partner. The General Partner shall have sole authority to manage the business power, by itself (and, for avoidance of doubt, without the consent or approval of any other Partner) on behalf and affairs in the name of the PartnershipPartnership or through its employees and agents, which authority shall be delegated as provided to carry out any and all of the objects and purposes of the Partnership set forth in this Agreement. Subject to the limitations in Section 2.4 of this Agreement, the General Partner shall have the authority and to take any action perform all acts and enter into and perform all contracts and other undertakings which it deems to be may deem necessary or appropriate in connection with the business and affairs of the Partnershipadvisable or incidental thereto, including including, without limitation limitation, the power and authority to:

Appears in 1 contract

Samples: Limited Partnership Agreement

Authority of General Partner. The General Partner shall have sole exclusive authority to manage the business operations and affairs of the Partnership, which authority Partnership and to make all decisions regarding the business of the Partnership and shall devote such time to the Partnership as shall be delegated reasonably required for its welfare and success. The General Partner, without limitation on any power that may be conferred upon it by law, and except as may be provided in this Agreement. Subject to the limitations contrary elsewhere in this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business full power, right and affairs of the Partnership, including without limitation the power and authority to:authority.

Appears in 1 contract

Samples: Estates Limited Partnership Agreement (National Credit & Guaranty CORP)

Authority of General Partner. The General Partner shall have sole authority In addition to manage the business and affairs not in limitation of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in any rights and powers conferred by law or other provisions of this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs may exercise on behalf of the Partnership, including without limitation the power and authority to:Partnership all powers and

Appears in 1 contract

Samples: Carey Diversified Properties LLC

Authority of General Partner. The Except as otherwise provided in this Agreement, General Partner shall have sole full power and authority to manage the business operations and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. Subject Partnership and to act for and to bind the Partnership to the limitations in this Agreementextent provided by applicable law, the General Partner and shall have the authority to take any action it deems to be necessary or appropriate in connection with the business duty and affairs authority, on behalf of the Partnership, including without limitation to do all things appropriate to the power and authority toaccomplishment of the purposes of the Partnership, including:

Appears in 1 contract

Samples: Limited Partnership Agreement (Ridgewood Properties Inc)

AutoNDA by SimpleDocs

Authority of General Partner. (a) The General Partner shall have sole and exclusive authority to manage the business operations and affairs of the Partnership and to make all decisions regarding the business of the Partnership. No Limited Partner shall participate in the management or control of the Partnership's business, nor shall it have the power to act for or bind the Partnership, which authority shall be delegated such powers being vested solely and exclusively in the General Partner, except as otherwise specifically provided in this Agreementherein. Subject to the limitations in this Agreement, It is understood and agreed that the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs all of the Partnershiprights and powers of a general partner provided under the Act and by this Agreement, including without limitation the power and authority to:as otherwise

Appears in 1 contract

Samples: Limited Partnership Agreement (Ryder Funding Ii Lp)

Authority of General Partner. The General Partner shall have sole authority 7.1.1 Except with respect to manage the business and affairs of the Partnership, which authority shall be delegated Major Decisions or as provided in this Agreement. Subject to the limitations otherwise expressly stated elsewhere in this Agreement, the General Partner shall have the authority full and exclusive power on the Partnership’s behalf, and in its name, to take any action it deems to be necessary or appropriate in connection with manage, control, administer and operate the business and affairs of the PartnershipPartnership in accordance with the terms of this Agreement, including without limitation the power and authority to:to execute, acknowledge and deliver all contracts, instruments, agreements and other documents necessary or convenient for the carrying out of the purposes of the Partnership, including, without limitation, notes and debt instruments containing confessions of judgment against the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement

Authority of General Partner. The General Partner shall have sole authority to manage the business power by itself on behalf and affairs in the name of the PartnershipPartnership to carry out any and all of the objects and purposes of the Partnership set forth in Section 2.05, and to perform all acts and enter into and perform all contracts and other undertakings, including with its affiliates, which authority shall be delegated as provided in this Agreement. Subject to the limitations in this Agreementit may deem necessary, advisable or incidental thereto, including, without limitation, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs of the Partnership, including without limitation the power and authority topower:

Appears in 1 contract

Samples: Aames Financial Corp/De

Authority of General Partner. The General Partner shall have sole exclusive authority to manage the business operations and affairs of the Partnership and to make all decisions regarding the business of the Partnership and shall devote such time to the Partnership as shall be reasonably required for its welfare and success. To accomplish the purposes of the Partnership and for the protection and benefit of the Partnership, which authority shall the General Partner, without limitation on any power that may be delegated conferred upon it by law, and except as may be provided in this Agreement. Subject to the limitations contrary elsewhere in this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business full power, right and affairs of the Partnership, including without limitation the power and authority toauthority:

Appears in 1 contract

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP)

Authority of General Partner. The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated Except as otherwise expressly provided in this Agreement. Subject to the limitations in this Agreement, the General Partner shall have the authority on behalf and in the name of the Partnership to take any action or make any decisions on behalf of the Partnership hereunder in order to carry out the purpose of the Partnership set forth in Sec. 1.02 and to perform all acts and enter into and perform all contracts and other undertakings which it deems to be may deem necessary or appropriate advisable or incidental in connection with relation thereto, including, without limitation, the business and affairs of the Partnership, including without limitation the power and authority topower:

Appears in 1 contract

Samples: Limited Partnership Agreement (Healthcare Financial Partners Inc)

Authority of General Partner. The General Partner shall have sole authority In addition to manage the business and affairs not in limitation of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in any rights and powers conferred by law or other provisions of this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs may exercise on behalf of the Partnership, including without limitation the power Partnership all powers and authority to:rights

Appears in 1 contract

Samples: Carey Diversified Properties LLC

Authority of General Partner. 8.2.1 The General Partner shall have sole manage the Partnership, with full power and authority to manage administer, manage, control and operate the business Business and, except as otherwise provided in this agreement, shall have all power and affairs authority, for and on behalf and in the name of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in this Agreementdo any act, the General Partner shall have the authority to take any action it deems proceeding, make any decision and execute and deliver any instrument, deed, agreement or document, necessary for or incidental to be necessary or appropriate in connection with carrying on the business and affairs of the Partnership, including without limitation the power and authority to:Business.

Appears in 1 contract

Samples: Couche Tard (3055854 Nova Scotia Co)

Authority of General Partner. The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated Except as otherwise provided in this Agreement. Subject to Agreement or any nonvariable provision of the limitations in this AgreementAct, the General Partner shall have exclusive control of the management of the Partnership’s business and affairs with full power and authority to take any action it deems to be do all things necessary or appropriate in connection with to conduct the business and affairs of the Partnership, including without limitation the power and authority to:to mortgage, pledge, grant a security interest in or otherwise encumber any or all of the Partnership’s assets without the consent of any other Partner. Any person dealing with the Partnership may rely conclusively on a certificate of the General Partner.

Appears in 1 contract

Samples: Agreement (Encore Medical, L.P.)

Time is Money Join Law Insider Premium to draft better contracts faster.