Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 247 contracts
Samples: Limited Partnership Agreement (Sculptor Diversified Real Estate Income Trust, Inc.), Limited Partnership Agreement (Hines Global Income Trust, Inc.), Limited Partnership Agreement (Strategic Storage Trust IV, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for or on behalf of the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 47 contracts
Samples: Agreement (Cole Office & Industrial REIT (CCIT II), Inc.), Agreement of Limited Partnership (Cole Credit Property Trust Inc), Limited Partnership Agreement (Passco Apartment REIT, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor business, and in no event shall they any Limited Partner transact any business for the Partnership, nor shall they Partnership or have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 28 contracts
Samples: Agreement (MPT of West Anaheim, LLC), Agreement (MPT of West Anaheim, LLC), Agreement (MPT of West Anaheim, LLC)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner. The Limited Partners covenant and agree not to hold themselves out in a manner that could reasonably be considered in contravention of the terms hereof by any third party.
Appears in 24 contracts
Samples: Limited Partnership Agreement (Generation Income Properties, Inc.), Agreement (American Residential Properties, Inc.), Agreement (Alpine Income Property Trust, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner. Notwithstanding anything to the contrary contained in this Agreement, none of the actions taken by any of the Limited Partners hereunder shall constitute participation in the control of the business of the Partnership within the meaning of the Act.
Appears in 11 contracts
Samples: And Restated Agreement (American Realty Capital Trust, Inc.), Agreement and Plan of Merger (American Realty Capital Trust, Inc.), Agreement and Plan of Merger (American Realty Capital Properties, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner, which shall act for the benefit of the Partnership, the Limited Partners and the General Partner’s stockholders, collectively.
Appears in 11 contracts
Samples: Agreement (HC Government Realty Trust, Inc.), Agreement (Medalist Diversified REIT, Inc.), Agreement (Bluerock Residential Growth REIT, Inc.)
Management of the Partnership. The Limited Partners shall not ----------------------------- participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 8 contracts
Samples: Agreement (Humphrey Hospitality Trust Inc), Prentiss Properties Trust/Md, Prentiss Properties Trust/Md
Management of the Partnership. The Limited Partners (in such capacity) shall not participate in the management or control of Partnership or Partnership Subsidiary business nor shall they transact any business for the PartnershipPartnership or any Partnership Subsidiary, nor shall they have the power to sign for or bind the PartnershipPartnership or any Partnership Subsidiary, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (West Coast Realty Trust, Inc.), Limited Partnership Agreement (West Coast Realty Trust, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.Partner.
Appears in 2 contracts
Samples: www.soitrust.com, www.smftrust.com
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business business, nor shall they transact any business for or on behalf of the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Cole Office & Industrial REIT (CCIT III), Inc., Cole Office & Industrial REIT (CCIT III), Inc.
Management of the Partnership. The Limited Partners (in their capacity as such) shall not participate in the management or control of Partnership business business, nor shall they transact any business for or on behalf of the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Uniti Group Inc., Uniti Group Inc.
Management of the Partnership. The Except as otherwise expressly provided in this Agreement, the Limited Partners and Preferred Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Sentio Healthcare Properties Inc), Securities Purchase Agreement (Sentio Healthcare Properties Inc)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business business, nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Dakota Real Estate Investment Trust), Limited Partnership Agreement (Fortress Net Lease REIT)
Management of the Partnership. The Except for the approval rights set forth herein, the Limited Partners Partner shall not participate in the management or control of Partnership business nor shall they transact any business for or on behalf of the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner. Notwithstanding anything to the contrary contained in this Agreement, none of the actions taken by any of the Limited Partners (including the Special Limited Partner) hereunder shall constitute participation in the control of the business of the Partnership within the meaning of the Act.
Appears in 2 contracts
Samples: Agreement (American Realty Capital Properties, Inc.), Agreement (American Realty Capital Properties, Inc.)
Management of the Partnership. The Limited Partners (other than the General Partner, in its capacity as such) shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Peakstone Realty Trust), Limited Partnership Agreement (Griffin Realty Trust)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.. Notwithstanding anything to the contrary contained in this Agreement, none of the actions taken by any of the Limited Partners hereunder shall constitute participation in the control of the business of the Partnership within the meaning of the Act. 8.02
Appears in 1 contract
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner. 8.2.
Appears in 1 contract
Samples: Limited Partnership Agreement (Blackstone Real Estate Income Trust, Inc.)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner. The Limited Partners covenant and agree CH\2141662.3 not to hold themselves out in a manner that could reasonably be considered in contravention of the terms hereof by any third party.
Appears in 1 contract
Samples: Xenia Hotels & Resorts, Inc.
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor and in no event shall they any Limited Partner transact any business for the Partnership, nor shall they Partnership or have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.
Appears in 1 contract
Samples: Agreement (MPT of West Anaheim, LLC)
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.. The Limited Partners covenant and agree not to hold themselves out in a manner that could reasonably be considered in contravention of the terms hereof by any third party. 30
Appears in 1 contract
Samples: Summit Hotel Properties, Inc.
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the Sponsor General Partner.
Appears in 1 contract
Samples: Limited Partnership Agreement (NRI Real Token Inc.)
Management of the Partnership. The Limited Partners Partners, in their capacity as such, shall not be entitled or empowered to, and shall not, participate in the operation, management or control of Partnership business nor shall they business, transact any business for or in the Partnership, nor shall they have name of the power to Partnership or sign for or otherwise bind the Partnership, such powers being vested solely and exclusively in the General PartnerPartner (and such Persons as the General Partner may delegate to act on its behalf pursuant to Section 6.3).
Appears in 1 contract
Samples: Insignia Properties Trust /
Management of the Partnership. The Limited Partners who are not also General Partners shall not participate take no part in the management or control of the business and affairs of the Partnership business nor and shall they transact any business for the Partnership, nor shall they have the power no right or authority to sign act for or to bind the Partnership, such powers being vested solely and exclusively Partnership or to take part or in any way to interfere in the General Partnerconduct or management of the Partnership or to vote on matters relating to the Partnership other than as provided in the Act or as set forth in this Agreement.
Appears in 1 contract
Samples: Adelphia Communications Corp
Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.. 8.2
Appears in 1 contract
Samples: Limited Partnership Agreement (Strategic Realty Trust, Inc.)
