Common use of General Partner as Agent Clause in Contracts

General Partner as Agent. The General Partner, to the extent of its powers set forth in this Agreement, is an agent of the Partnership for the purpose of the Partnership’s business, and the actions of the General Partner taken in accordance with this Agreement shall bind the Partnership.

Appears in 5 contracts

Samples: Agreement, www.sec.gov, Limited Partnership Agreement (Oaktree Capital Group, LLC)

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General Partner as Agent. The General Partner, to the extent of its powers set forth in this Agreement, is an agent of the Partnership for the purpose of the Partnership’s business, and the actions of the General Partner taken in accordance with this Agreement shall bind the Partnership. The General Partner may authorize any Partner, officer, employee or other agent to act for and on behalf of the Partnership.

Appears in 2 contracts

Samples: Supplementary Agreement, Supplementary Agreement (Institutional Financial Markets, Inc.)

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