No Control of Business or Right to Act for Partnership. A Limited Partner shall take no part in the management, conduct or control of the business of the Partnership and shall have no right or authority to act for or to bind the Partnership.
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Samples: Limited Partnership Agreement (MGP Ingredients Inc)
No Control of Business or Right to Act for Partnership. A The Limited Partner shall take no part in the management, conduct or control of the business of the Partnership and shall have no right or authority to act for or to bind the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Physician Sales & Service, Inc.)
No Control of Business or Right to Act for Partnership. A Except as set forth in this Agreement, a Limited Partner shall take no part in the management, conduct or control of the business of the Partnership and shall have no right or authority to act for or to bind the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (2420 Lakemont Avenue MM, LLC)
No Control of Business or Right to Act for Partnership. A The Limited Partner shall take no part in the management, conduct or control of the business of the Partnership and shall have no right or authority to act for or on behalf of, or to bind the Partnership.
Appears in 1 contract
Samples: Entire Agreement (Levitt Corp)
No Control of Business or Right to Act for Partnership. A The Limited ------------------------------------------------------ Partner shall take no part in the management, conduct or control of the business of the Partnership and shall have no right or authority to act for or to bind the Partnership.
Appears in 1 contract