Common use of Powers and Duties of General Partner Clause in Contracts

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:

Appears in 9 contracts

Samples: Agreement and Plan of Merger (Brookfield Property Partners L.P.), Agreement and Plan of Merger (Brookfield Asset Management Inc.), Agreement and Plan of Merger (GGP Inc.)

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Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, and subject to the limitations contained in SECTION 7.3 hereof with respect to Major Decisions, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, and subject to SECTION 7.3 hereof, the General Partner shall have the rightfollowing rights, power powers and authorityauthorities, to the extent necessary and appropriate to pursue and accomplish the purposes of the Partnership:

Appears in 2 contracts

Samples: Sky Merger Corp, Sky Merger Corp

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, power authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, and subject to Section 7.3 hereof, the General Partner shall have the right, power and authority:

Appears in 1 contract

Samples: Agreement (CBL & Associates Properties Inc)

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:or

Appears in 1 contract

Samples: Partnership Agreement (CBL & Associates Properties Inc)

Powers and Duties of General Partner. (a) The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall exercise all of the powers of the Partnership and have specifically, without limiting the foregoing the right, power and authority:

Appears in 1 contract

Samples: Agreement (Wackenhut Corrections Corp)

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, and subject to the limitations contained in Section 6.3 hereof with respect to Major Decisions, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, and subject to Sections 2.3 and 6.3 hereof, the General Partner shall have the right, power and authority:

Appears in 1 contract

Samples: Simon Debartolo Group Inc

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, and subject to the limitations expressly set forth in Section 7.3 hereof, the General Partner shall have, and is hereby granted, shall have full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, and subject to Section 7.3 hereof, the General Partner shall have the right, power and authority:

Appears in 1 contract

Samples: Spieker Properties Inc

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Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s 's business and affairs. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:

Appears in 1 contract

Samples: Heritage Property Investment Trust Inc

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairsaffairs and shall devote such time and effort to the Partnership as it shall deem reasonably necessary. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, ; deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, the General Partner shall have the right, power and authority:.

Appears in 1 contract

Samples: Key Wester Limited (HTS-Sunset Harbor Partner, L.L.C.)

Powers and Duties of General Partner. The General Partner shall be responsible for the management of the Partnership’s business and affairsaffairs and shall devote such time and effort to the Partnership as it shall deem reasonably necessary. Except as otherwise herein expressly provided, the General Partner shall have, and is hereby granted, full and complete power, authority and discretion to take such action for and on behalf of the Partnership and in its name as the General Partner shall, in its sole and absolute discretion, deem necessary or appropriate to carry out the purposes for which the Partnership was organized. Except as otherwise expressly provided herein, including, but not limited to, the General Partner shall have the right, power and authorityfollowing:

Appears in 1 contract

Samples: Agreement (HTS-Sunset Harbor Partner, L.L.C.)

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