Common use of No Participation in Management by Limited Partners Clause in Contracts

No Participation in Management by Limited Partners. Except as authorized by the General Partner, the Limited Partners, in their capacities as such, shall not take part in the management or control of the business of the Partnership, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership.

Appears in 3 contracts

Samples: cdn2.hubspot.net, Management Agreement, static1.squarespace.com

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No Participation in Management by Limited Partners. Except as authorized by the General Partnerotherwise expressly provided in this Agreement, the Limited Partners, Partners in their capacities as such, such shall not take part in the management or control of the business Partnership or its management of the Partnershipother activities, transact any business in the Partnership's ’s name or have the power to sign documents for or otherwise bind the Partnership.

Appears in 2 contracts

Samples: Supplementary Agreement, Supplementary Agreement (Institutional Financial Markets, Inc.)

No Participation in Management by Limited Partners. Except as authorized by the General Partner, the Limited Partners, in their capacities as such, shall not take part in the management or control of the business of the Partnership, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership.Partnership.‌

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

No Participation in Management by Limited Partners. Except as authorized by the General Partner, the Limited Partners, in their capacities as such, shall not take part in the management or control of the business of the Partnership, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Clinton Group Inc)

No Participation in Management by Limited Partners. Except as authorized by the General PartnerPartner and as permitted by the Act, the Limited Partners, in their capacities as such, shall not take part in the management or control of the business of Partnership or become involved in the Partnership’s conduct of business, transact any business in the Partnership's ’s name or have the power to sign documents for or otherwise bind the Partnership.. For the avoidance of doubt, to the fullest extent permitted by applicable law, no Limited Partner shall have any fiduciary duties to the Partnership or any other Partner. Highly Confidential and Trade Secret

Appears in 1 contract

Samples: Exempted Limited Partnership Agreement (New Mountain Vantage Advisers, L.L.C.)

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No Participation in Management by Limited Partners. Except as authorized by the General PartnerPartner or as otherwise set forth herein, the Limited Partners, in their capacities as such, shall not take part in the management or control of the business of Partnership or become involved in the Partnership’s conduct of business, transact any business in the Partnership's ’s name or have the power to sign documents for or otherwise bind the Partnership. For the avoidance of doubt, to the fullest extent permitted by applicable law, no Limited Partner shall have any fiduciary duties to the Partnership or any other Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (New Mountain Vantage Advisers, L.L.C.)

No Participation in Management by Limited Partners. Except as authorized by the General PartnerPartner and as permitted by the ELP Law, the Limited Partners, in their capacities as such, shall not take part in the management or control of the business of the Partnership, transact any business in the Partnership's ’s name or have the power to sign documents for or otherwise bind the Partnership.Partnership.‌

Appears in 1 contract

Samples: Partnership Agreement

No Participation in Management by Limited Partners. Except as authorized by the General Partner, the Limited Partners, in their capacities as such, shall not take part in the management or control of the Partnership or the conduct of the business of the Partnership, transact any business in the Partnership's ’s name or have the power to sign documents for or otherwise bind the Partnership. In no circumstances shall a Limited Partner, in its capacity as such, take part in the conduct of the business of the Partnership or deal with third parties.

Appears in 1 contract

Samples: Mantle Ridge LP

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