Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Limited Partner, in its capacity as such, shall take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Starwood Hotel & Resorts Worldwide Inc), Limited Partnership Agreement (Starwood Hotel & Resorts Worldwide Inc), Limited Partnership Agreement (Starwood Hotel & Resorts Worldwide Inc)
Rights and Obligations of the Limited Partners. 10.1 Section 10.1. No Participation in Management. No Limited Partner, in its capacity as such, shall take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 2 contracts
Samples: Trump Hotels & Casino Resorts Funding Inc, Trump Hotels & Casino Resorts Inc
Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Except as expressly permitted hereunder, the Limited Partner, in its capacity as such, Partners shall not take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 2 contracts
Samples: Agreement (American Real Estate Investment Corp), Agreement (American Real Estate Investment Corp)
Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Limited Partner, in its capacity as such, shall take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 1 contract
Samples: Strategic Timber Trust Inc
Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Except as expressly permitted hereunder, the Limited Partner, in its capacity as such, Partners shall not take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to ; provided, that the Limited Partners in this Agreement foregoing shall not be deemed to be rights relating to limit the management ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership's business, either the Managing General Partner or any Affiliate thereof, to act in such capacity.
Appears in 1 contract
Samples: Corporate Realty Consultants Inc
Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Except as expressly permitted hereunder, the Limited Partner, in its capacity as such, Partners shall not take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 1 contract
Samples: General Growth Properties Inc
Rights and Obligations of the Limited Partners. 10.1 8.1 No Participation in Management. Management No Limited Partner, Partner (other than the General Partner if it has an Interest as a Limited Partner as permitted by paragraph 3.4 hereof and then only in its capacity as such, General Partner) shall take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management of the Partnership's business.
Appears in 1 contract
Samples: Icos Corp / De
Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Except as expressly permitted hereunder, the Limited Partner, in its capacity as such, Partners shall not take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to ; provided, that the Limited Partners in this Agreement foregoing shall not be deemed to be rights relating to limit the management ability of a Limited Partner (or any officer or director thereof) who is an officer, director or employee of the Partnership's business, either the Managing General Partner or Non-Managing General Partners, or any Affiliate thereof, to act in such capacity.
Appears in 1 contract
Samples: Corporate Realty Consultants Inc
Rights and Obligations of the Limited Partners. 10.1 No Participation in Management. No Except as expressly permitted hereunder, the Limited Partner, in its capacity as such, Partners shall not take part in the management of the Partnership's business, transact any business in the Partnership's name or have the power to sign documents for or otherwise bind the Partnership. Any rights expressly granted to the Limited Partners in this Agreement shall not be deemed to be rights relating to the management Bankruptcy of the Partnership's business.a
Appears in 1 contract
Samples: General Growth Properties Inc