Lack of Authority. No Partner, other than the General Partner or a duly appointed Officer, in each case in its capacity as such, has the authority or power to act for or on behalf of the Partnership, to do any act that would be binding on the Partnership or to make any expenditure on behalf of the Partnership. The Partners hereby consent to the exercise by the General Partner of the powers conferred on them by Law and this Agreement.
Appears in 6 contracts
Samples: Form of Joinder Agreement (Kinetik Holdings Inc.), And (Falcon Minerals Corp), Contribution Agreement (Sitio Royalties Corp.)
Lack of Authority. No Partner, other than the General Partner or a duly appointed and authorized Officer, in each case in its capacity as such, has the authority or power to act for or on behalf of the Partnership, to do any act that would be binding on the Partnership or to make any expenditure on behalf of the Partnership. The Partners hereby consent to the exercise by the General Partner of the powers conferred on them the General Partner by Law and this Agreement.
Appears in 3 contracts
Samples: Contribution Agreement (Penn Virginia Corp), Contribution Agreement (Penn Virginia Corp), Form of Joinder Agreement (Penn Virginia Corp)
