Common use of Power and Authority of General Partner Clause in Contracts

Power and Authority of General Partner. Except as provided in Section 6.2 and elsewhere in this Agreement and except as otherwise provided by applicable law, the General Partner shall have full and exclusive power and authority on behalf of the Partnership to manage, control, administer and operate the properties, business and affairs of the Partnership in accordance with this Agreement and to do or cause to be done any and all acts deemed by the General Partner to be necessary or appropriate thereto.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (Georesources Inc), BreitBurn Energy Partners L.P., The Purchase and Sale Agreement (Primeenergy Corp)

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Power and Authority of General Partner. Except as provided in Section SECTIONS 6.2 and elsewhere in this Agreement and except as otherwise provided by applicable law, the General Partner shall have full and exclusive power and authority on behalf of the Partnership to manage, control, administer and operate the properties, business and affairs of the Partnership in accordance with this Agreement and to do or cause to be done any and all acts deemed by the General Partner to be necessary or appropriate thereto, and (except as aforesaid in this SECTION 6.1) the scope of such power and authority shall encompass all matters in any way connected with such business or incident thereto.

Appears in 2 contracts

Samples: Investors Agreement (Santa Fe Energy Trust), Texoil Inc /Nv/

Power and Authority of General Partner. Except as provided in Section 6.2 and elsewhere in this Agreement and except as otherwise provided by applicable lawSubject to the -------------------------------------- limitations contained herein, the General Partner shall have full and exclusive the power and authority authority, and without the consent of any Limited Partners, in the name and on behalf of the Partnership to manage, control, administer carry out any and operate all of the properties, business objects and affairs purposes of the Partnership set forth in accordance with this Agreement Section 1.05 and to do or cause to be done any and perform all acts deemed by the General Partner to be and enter into and perform all contracts and other undertakings which he may reasonably deem necessary or appropriate advisable or incidental thereto., including without limitation, the power and authority to:

Appears in 1 contract

Samples: Rose Edward R Iii

Power and Authority of General Partner. Except as provided in Section Sections 6.2 and elsewhere in this Agreement and except as otherwise provided by applicable law, the General Partner shall have full and exclusive power and authority on behalf of the Partnership to manage, control, administer and operate the properties, business and affairs of the Partnership in accordance with this Agreement and to do or cause to be done any and all acts deemed by the General Partner to be necessary or appropriate thereto, and (except as aforesaid in this Section 6.1) the scope of such power and authority shall encompass all matters in any way connected with such business or incident thereto.

Appears in 1 contract

Samples: Encap Investments L C

Power and Authority of General Partner. Except as provided in Section 6.2 and elsewhere in this Agreement and except as otherwise provided by applicable law, the The General Partner shall have full and exclusive power and authority on behalf of the Partnership to manage, control, administer and operate the properties, business and affairs of the Partnership in accordance with this Agreement and to do or cause to be done any and all acts deemed by the General Partner to be necessary or appropriate thereto., and the scope of such power and authority shall encompass all matters in any way connected with such business or incident thereto, including but not limited to, the power and authority:

Appears in 1 contract

Samples: Brigham Exploration Co

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Power and Authority of General Partner. Except as provided in Section 6.2 and elsewhere in this Agreement and except as otherwise provided by applicable lawSubject to the -------------------------------------- limitations contained herein, the General Partner shall have full and exclusive the power and authority authority, and without the consent of any Limited Partners, in the name and on behalf of the Partnership to manage, control, administer carry out any and operate all of the properties, business objects and affairs purposes of the Partnership set forth in accordance with this Agreement subsections (a) and (b) of Section 1.05 and to do or cause to be done any and perform all acts deemed by the General Partner to be and enter into and perform all contracts and other undertakings which he may reasonably deem necessary or appropriate advisable or incidental thereto., including without limitation, the power and authority to:

Appears in 1 contract

Samples: Partnership Agreement (Rose Edward R Iii)

Power and Authority of General Partner. Except as provided Subject to the provisions of this Agreement, in Section 6.2 and elsewhere in addition to the powers now or hereafter granted to a general partner of a limited partnership under applicable law or which are granted to the General Partner under any other provisions of this Agreement and except as otherwise provided by applicable lawAgreement, the General Partner shall have full and exclusive power and authority on behalf to do all things deemed necessary or desirable by it in the conduct of the Partnership to manage, control, administer and operate the properties, business and affairs of the Partnership in accordance with this Agreement Partnership, including, without limitation, and to do whether similar or cause to be done any and all acts deemed by the General Partner to be necessary or appropriate thereto.dissimilar:

Appears in 1 contract

Samples: Parallel, L.P.

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