No Right to Participate in Management. No Member, other than a Manager who is additionally a Member, may participate in the management and operation of the Company’s business or its investment activities or bind the Company to any obligation or liability whatsoever.
No Right to Participate in Management. Notwithstanding anything to the contrary contained herein, except as required by the Act and except as explicitly set forth herein, the Limited Partners shall not participate in the management or control of the Partnership’s business nor shall they transact any business for the Partnership, nor shall they have the power to act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner.
No Right to Participate in Management. No Limited Partner, as such, shall take part in the management of the Partnership’s business, or have any power, right, or authority to enter into any agreement, execute or sign documents for, make representations on behalf of, or to otherwise act so as to bind the Partnership in any manner.
No Right to Participate in Management. Except as expressly provided in this Agreement, no Member may participate in the management and operation of the Company’s business and investment activities or bind the Company to any obligation or liability whatsoever. A Member may exercise any voting power authorized by the Delaware Act and this Agreement without being considered to be taking part in the control of the Company’s business.
No Right to Participate in Management. The Limited Partners shall not, and shall have no right to, participate in the control, conduct or operation of the Partnership or the Partnership’s business, and shall have no right or authority to act for or bind the Partnership; provided, however, that the Limited Partners may select a Person to act for and bind the Partnership during the winding up period following dissolution of the Partnership pursuant to, and subject to the conditions of, Section 15.3(a) hereof in the event that the General Partner is no longer a general partner of the Partnership and no Substitute General Partner exists. A Limited Partner shall not be deemed to participate in the management or control of the Partnership solely by virtue of consulting with and advising the General Partner with respect to the business of the Partnership or exercising any rights or powers which the Limited Partners are permitted to exercise pursuant to this Agreement and Section 620.159 of the Act.
No Right to Participate in Management. As referenced in Section 7.02 of this Agreement, the Investors may not participate in the management of the Company in any manner or respect. Rather, the Managers of the Company, at their sole, exclusive, and absolute discretion, shall manager all aspects of the Company and the administration of the Company’s business affairs and operations. ARTICLE NINE
No Right to Participate in Management. Except as expressly provided in this Agreement (including, without limitation, in Section 7.4(b) and Section 7.4(c), the Members shall not have any right or power to take part in the management or control of the Company or its business and affairs or to act for or bind the Company in any way, and have no voting rights except with respect to those matters specifically set forth in this Agreement and matters with respect to which members of a limited liability company formed under the Act have a right to vote that cannot be eliminated by a written operating agreement.
No Right to Participate in Management. Members (other than Manager) shall have no right to, nor shall they take any part in or interfere in any manner with the conduct, control or management of the Company's business and shall have no right or authority to act for or bind the Company, said powers being vested solely and exclusively in Manager.
