No Participation in Management, etc. Except as expressly provided in this Agreement, no Member shall have the right or power to participate in the management or control of the Fund’s investment or other activities, transact any business in the Fund’s name or have the power to sign documents for or otherwise bind the Fund.
No Participation in Management, etc. No Limited Partner, in its capacity as a limited partner of the Partnership, shall take part in the management or control of the Partnership's affairs, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. No Limited Partner shall have the right to vote for the election, removal or replacement of the General Partner. No provision of this Agreement shall obligate any Limited Partner to refer investments to the Partnership or restrict any investments that a Limited Partner may make.
No Participation in Management, etc. The Limited Partners shall not take part in the management, control or conduct of the Partnership's investment or other activities, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Except as expressly provided herein, the Limited Partners shall not be obligated to refer investments to the Partnership and this Agreement shall not restrict any investments that the Limited Partners may make or, subject to compliance with its confidentiality obligations, other activities that a Limited Partners may undertake. The exercise by the Limited Partners of any right conferred herein shall not be construed to constitute participation by the Limited Partners in the control or conduct of the investment or other activities of the Partnership so as to make such Limited Partners liable as a general partner for the debts and obligations of the Partnership for the purposes of the Partnership Law or otherwise. For the avoidance of doubt, to the fullest extent permitted by applicable law, this Agreement shall not create any fiduciary duty on the part of the Limited Partners to the Partnership or any other Partner. This Section 3.1 shall not be deemed to limit the rights of the APAX Limited Partner or the Designated Limited Partner that are expressly provided herein.
No Participation in Management, etc. No Limited Partner shall take part in the management or control of the Company's business or affairs, transact any business in the Company's name or have the power to sign documents for or otherwise bind the Company.
No Participation in Management, etc. Except as otherwise expressly provided herein, a Limited Partner shall not take part in the management or control of the Partnership, vote with respect to any action taken or to be taken by the Partners, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. The exercise by a Limited Partner of any right conferred herein shall not be construed to constitute participation by such Limited Partner in the control of the business of the Partnership so as to make such Limited Partner liable as a general partner for the debts and obligations of the Partnership for purposes of the Act.
No Participation in Management, etc. No Limited Partner, in its capacity as a limited partner of the Partnership, shall take part in the management or control of the Partnership's affairs, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. No Limited Partner shall have the right to vote for the election, removal or replacement of the General Partner, except that, upon an event causing the immediate dissolution of the Partnership pursuant to Section 15 of the Partnership Law or Section 13.1 of this Agreement, the Limited Partners may vote to unanimously elect one or more new general partners of the Partnership pursuant to Section 15 of the Partnership Law. No provision of this Agreement shall obligate any Limited Partner to refer investments to the Partnership or restrict any investments that a Limited Partner may make.
No Participation in Management, etc. No Limited Partner shall take part in the management or control of the Partnership, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership, provided that a Person that is also a Limited Partner may execute documents and perform other activities on behalf of the Partnership if such Person has been designated, by way of power of attorney or otherwise, as a Person authorized to act for the General Partner or a director of the General Partner in the performance of such person’s duties for, and employment with, Oaktree or any of its Affiliates and provided further that in so doing it shall be clear that such Person is not acting in his or her capacity as a Limited Partner. Except as otherwise expressly provided herein, and subject to the Partnership Law, no Limited Partner may vote with respect to any action taken or to be taken by the Partnership or the Partners.
No Participation in Management, etc. Except as otherwise expressly provided herein, a Member shall not take part in the management or control of the Company's affairs, transact any business in the Company's name or have the power to sign documents for or otherwise bind the Company.
No Participation in Management, etc. No Member, other than the Managing Member, shall take part in the management or control of the Company's affairs, transact any business in the Company's name or have the power to sign documents for or otherwise bind the Company. Except as otherwise provided in Section 15.1(d), no Member shall have the right to vote for the election, removal or replacement of the Managing Member.
No Participation in Management, etc. The Limited Partner shall not take part in the conduct of the business of the Fund, the management or control of the Fund’s investment or other activities, transact any business in the Fund’s name or have the power to sign documents for or otherwise bind the Fund. Except as expressly provided herein, the Limited Partner shall not have the right to vote for the election or replacement of the General Partner. No provision of this Agreement shall obligate the Limited Partner to refer investments to the Fund or restrict any investments that the Limited Partner may make. The exercise by the Limited Partner of any right conferred herein shall not be construed to constitute participation by the Limited Partner in the control of the business of the Fund so as to make the Limited Partner liable as a general partner for the debts and obligations of the Fund for purposes of the Partnership Law.
