Common use of Investors Must Rely On Management For Decisions With Clause in Contracts

Investors Must Rely On Management For Decisions With. Respect To Management Of The Partnership. All decisions with respect to the management of the Partnership will be made exclusively by the General Partners. The success of the Partnership will, to a large extent, depend on the quality of the management of the Partnership, particularly as it relates to lending decisions. Limited Partners have no right or power to take part in the management of the Partnership. Accordingly, no person should purchase any of the Units offered hereby unless he is willing to entrust all aspects of the management of the Partnership to the General Partners and has evaluated the General Partners' capabilities to perform such functions (See "MANAGEMENT").

Appears in 7 contracts

Samples: Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii)

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