Management Rights Powers and Obligations of the Partners Sample Clauses

Management Rights Powers and Obligations of the Partners. 7.1 Management of the Partnership. Subject to Section 7.2 hereof, the -------------------------------- management and control of the Partnership and its business and affairs, and the exercise of the powers of the Partnership described in Section 3.2 hereof, shall be vested in the General Partner.
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Management Rights Powers and Obligations of the Partners. 8.1 Management and Control of the Partnership. Except as otherwise provided in this Agreement, management and control of the business and the affairs of the Partnership shall be vested in the General Partner.
Management Rights Powers and Obligations of the Partners 

Related to Management Rights Powers and Obligations of the Partners

  • Rights, Powers and Obligations of Manager d. The Company is organized as a “member-managed” limited liability company.

  • Rights and Obligations of the Limited Partners 8.1 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.

  • Rights and Obligations of the Parties 13.2.1 The client shall be under obligation:

  • Rights and Obligations of Members Section 6.1

  • Rights and Obligations of Limited Partners Section 8.1 Limitation of Liability 27 Section 8.2 Management of Business 27 Section 8.3 Outside Activities 27 Section 8.4 Return of Capital 27 Section 8.5 Rights of Limited Partners Relating to the Partnership 27

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Rights and Obligations of Party B 1、乙方应当具有海事管理机构批准的资质,并保持相应的应急清污能力。

  • Rights and Obligations of Party A I. Rights of Party A

  • Rights and Obligations of Both Parties 3.1 Party A’s rights and obligations

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

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