Common use of Participation in Management Clause in Contracts

Participation in Management. Except as may be otherwise expressly provided herein to the contrary, no Limited Partner shall participate in the management or control of the Partnership's business or transact any business for the Partnership, and no Limited Partner shall have the power to act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner in accordance with the provisions of this Agreement.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Valor Telecommunications Southwest LLC), Limited Partnership Agreement (Valor Telecommunications Southwest LLC), Limited Partnership Agreement (Valor Telecommunications Southwest LLC)

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Participation in Management. Except as may be otherwise expressly provided herein to the contrary, no Limited Partner shall participate in the management or control of the Partnership's ’s business or transact any business for the Partnership, and no Limited Partner shall have the power to act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Windstream Lexcom Wireless, LLC)

Participation in Management. Except as may be otherwise expressly provided herein to the contrary, no Limited Partner shall participate in the management or control of the Partnership's business or transact any business for the Partnership, and no Limited Partner shall have the power to act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Harper Telephone L.P.)

Participation in Management. Except as may be otherwise expressly provided herein to the contrary, no No Limited Partner shall participate in the management or control of the Partnership's business or transact any business for the Partnership, and no Limited Partner shall have the power to act for or bind the Partnership, said such powers being vested solely and exclusively in the General Partner in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Beazer Homes Texas Lp

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Participation in Management. Except as may be otherwise expressly provided herein to the contrary, no Limited Partner shall participate in the management or control of the Partnership's business or transact any business for the Partnership, and no Limited Partner Farther shall have the power to act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Valor Telecommunications Southwest LLC)

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