Common use of Management and Control of the Partnership Clause in Contracts

Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses and affairs of the Partnership, to make all decisions affecting the businesses and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoever.

Appears in 5 contracts

Samples: Agreement (Environtech Inc.), Environtech Inc., Environtech Inc.

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Management and Control of the Partnership. (a) Except as otherwise provided for herein, the General Partner, within the authority granted to it under this Agreement, shall have the exclusive right to manage the Business of the Partnership, and hereby is authorized to take any action of any kind and to do anything and everything it deems necessary in accordance with the provisions of this Agreement. The General Partner shall have full, the exclusive and complete discretion right to manage and control the businesses and affairs day-to-day activities of the Partnership, to make all decisions affecting the businesses and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoever.

Appears in 3 contracts

Samples: Operations and Maintenance Agreement (Sithe Independence Funding Corp), Operations and Maintenance Agreement (Sithe Independence Power Partners Lp), Operations and Maintenance Agreement; Restrictions on Change (Sithe Independence Power Partners Lp)

Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses and affairs all of the Partnership, to make all decisions affecting the businesses business operations and affairs of the Partnership and to take shall make all such actions as it deems necessary or appropriate to accomplish the purpose of decisions affecting the Partnership as set forth hereinbusiness on all matters concerning the Partnership. No Limited Any Partnership action permitted or required by this Agreement to be made or taken by the General Partner or assignee, as such, shall have any authority, right or power to bind be binding on all the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoeverPartners.

Appears in 2 contracts

Samples: Cornell Corrections of Rhode Island, Inc., Cornell Corrections of Rhode Island, Inc.

Management and Control of the Partnership. The (a) Except as otherwise expressly provided in this Agreement, the General Partner Partners shall be responsible for and have full, exclusive and complete discretion to manage and control the businesses business and affairs of the Partnership, to make all decisions affecting the businesses business and affairs of the Partnership Partnership, and to take all such actions as it deems necessary they deem necessary, appropriate, or appropriate convenient to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoever.

Appears in 1 contract

Samples: Agreement (Atlantic Oklahoma Wind, LLC)

Management and Control of the Partnership. (a) The General Partner shall conduct, direct and manage all activities of the Partnership in a manner that the General Partner determines is in the best interest of the Partnership. Except as otherwise expressly provided in this Agreement, all management powers over the business and affairs of the Partnership shall be exclusively vested in the General Partner, and the Limited Partner shall not have full, exclusive and complete discretion to manage and control any management power over the businesses business and affairs of the Partnership, to make all decisions affecting the businesses and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoever.

Appears in 1 contract

Samples: Panhandle Eastern Pipe Line Co Lp

Management and Control of the Partnership. The General Partner shall will have full, exclusive and complete discretion authority to manage and control the businesses operations and affairs of the Partnership. Except to the extent that the consent of any Partner is required by this Agreement, to make all decisions affecting the businesses General Partner will have the exclusive management and control of the business and affairs of the Partnership and to take all will devote such actions time as it the General Partner, in its reasonable discretion, deems necessary or appropriate to accomplish conduct the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or to manage or control, or to participate in the management or control of, the businesses business and affairs of the Partnership in any manner whatsoeverPartnership.

Appears in 1 contract

Samples: Lexreit Properties Inc

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Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses business and affairs of the Partnership, to make all decisions affecting the businesses business and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assigneeAssignee, as such, shall have any authority, right or power to bind the Partnership Partnership, or to manage or control, or to participate in the management or control of, the businesses business and affairs of the Partnership in any manner whatsoever.

Appears in 1 contract

Samples: Heartland Partners L P

Management and Control of the Partnership. The General Partner shall have full, exclusive and complete discretion to manage and control the businesses business and affairs of the Partnership, to make all decisions affecting the businesses business and affairs of the Partnership and to take all such actions as it deems necessary or appropriate to accomplish the purpose of the Partnership as set forth herein. No Limited Partner or assignee, as such, shall have any authority, right or power to bind the Partnership or Partnership, to manage or control, or to participate in the management or control of, the businesses business and affairs of the Partnership in any manner whatsoever.

Appears in 1 contract

Samples: O Ray Holdings Inc

Management and Control of the Partnership. The Except as otherwise specifically provided herein, the General Partner shall have full, exclusive full power and complete discretion to manage and control the businesses and affairs authority on behalf of the PartnershipPartnership to manage, to make all decisions affecting control, administer, operate and conduct the businesses Partnership business. Any document executed by the General Partner while acting in good faith in the name and affairs on behalf of the Partnership and within the parameters of its authority granted herein shall be deemed to take all such actions as it deems necessary or appropriate to accomplish be the purpose action of the Partnership as set forth hereinwith respect to any third parties. No The Limited Partner or assignee, as such, shall not have any authority, right or power to bind control or manage the Partnership or to manage or control, or to participate in the management or control of, the businesses and affairs of the Partnership in any manner whatsoeverPartnership.

Appears in 1 contract

Samples: Agreement (LeBus Oil Field Service Co.)

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