Common use of No Control Over Management Clause in Contracts

No Control Over Management. Other than with respect to a Limited Partner's approval rights pertaining to Major Decisions as provided in Section 3.1 0, no Limited Partner shall have any authority to exercise the Powers of Management nor to participate in the control of the Partnership's business or affairs. The Partnership shall not be bound by any act of a Limited Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement (W E B Interests LTD), Bixby Joseph R

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No Control Over Management. Other than with respect to a Limited Partner's approval rights pertaining to Major Decisions as provided in Section 3.1 03.10, no Limited Partner shall have any authority to exercise the Powers of Management nor to participate in the control of the Partnership's business or affairs. The Partnership shall not be bound by any act of a Limited Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Weis Janet C)

No Control Over Management. Other than with respect to Except for a exercise of a Limited -------------------------- Partner's rights and powers as a Limited Partner's approval rights pertaining to Major Decisions as provided in Section 3.1 0, no Limited Partner shall have any authority to exercise the Powers of Management nor to participate in the control of the Partnership's business or affairs. The Partnership shall not be bound by any act of a Limited Partner.

Appears in 1 contract

Samples: Cbre Holding Inc

No Control Over Management. Other than with respect Except as may be provided herein to a Limited Partner's approval rights pertaining to Major Decisions as provided in Section 3.1 0the contrary, no Limited Partner shall have any authority to exercise the Powers of Management nor to participate in the control of the Partnership's business or affairs. The Partnership shall not be bound by any act of a Limited Partner.

Appears in 1 contract

Samples: Industrial Holdings Inc

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No Control Over Management. Other than with respect to Except for the exercise of a Limited Partner's approval ’s rights pertaining to Major Decisions and powers as provided in Section 3.1 0a Limited Partner, no Limited Partner shall have any authority to exercise the Powers of Management nor to participate in the control of the Partnership's ’s business or affairs. The Partnership shall not be bound by any act of a Limited Partner.

Appears in 1 contract

Samples: Partnership Agreement (Cbre LJM Mortgage Co LLC)

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