Rights and Powers of the General Partner. (a) Subject to the terms and conditions of this Agreement, the General Partner shall have complete and exclusive responsibility (i) for all management decisions to be made on behalf of the Partnership and (ii) for the conduct of the business and affairs of the Partnership.
Rights and Powers of the General Partner. The management and control of the business and affairs of the Partnership shall be vested in the General Partner, subject to the limitations set forth in Section 4.2 below. The General Partner shall conduct or cause to be conducted the Partnership's business and manage or cause to be managed the Partnership's affairs in its discretion and shall have and possess all rights and powers conferred by law and under this Agreement or otherwise necessary, advisable, desirable or consistent in connection therewith, including without limitation the following rights and powers:
Rights and Powers of the General Partner. (a) Subject to the express provisions of this Agreement (including provisions requiring approval of the Investment Committee, the Majority-in-Interest of the Fund Unitholders or the REIT Board over certain matters), (i) the General Partner in its sole discretion shall have full, complete, and exclusive right, power, and authority to exercise all the powers of the Partnership and to do all things necessary to effectuate the purposes of the Partnership as set forth in Section 1.3, (ii) the General Partner shall exercise on behalf of the Partnership complete discretionary authority for the management and the conduct of the affairs of the Partnership, and (iii) the General Partner, in its sole discretion, shall have full, complete, and exclusive right, power, and authority in the management and control of the Partnership’s business.
Rights and Powers of the General Partner. The General Partner shall have all of the rights and powers of a general partner as provided herein and in the Act as in effect from time to time and as otherwise provided by law. Action taken by the General Partner shall constitute the act of, and serve to bind, the Partnership. In addition, the General Partner is hereby granted the right, power and authority to do on behalf of the Partnership all things which, in its sole judgment, are necessary, proper or desirable to carry out the purposes of the Partnership and to conduct the business of the Partnership. Without limiting the generality of the foregoing, the General Partner shall have this right, power and authority, subject only to the Act and the terms of this Limited Partnership Agreement:
Rights and Powers of the General Partner. Subject to the express provisions of this Agreement and the other Fund Governing Documents (including provisions requiring approval of the Advisory Council, the Limited Partners or the Fund Limited Partners over certain matters), (i) the General Partner in its sole discretion shall have full, complete and exclusive right, power and authority to exercise all the powers of the Partnership and to do all things necessary to effectuate the purposes of the Partnership as set forth in Section 1.3, (ii) the General Partner shall exercise on behalf of the Partnership complete discretionary authority for the management and the conduct of the affairs of the Partnership, and (iii) the General Partner, in its sole discretion, shall have full, complete and exclusive right, power and authority in the management and control of the Partnership’s business (including causing property management agreements and other agreements for property-related services to be entered into with respect to the Properties and other assets of the Partnership). Without limiting the generality of the foregoing, it is understood and agreed that the General Partner may enter into letters of intent, purchase agreements and other commitments relating to the acquisition or sale of Properties and other assets of the Partnership.
Rights and Powers of the General Partner. 8 4.01 Duties of General Partner . . . . . . . . . . . . . . . . . .8 4.02
Rights and Powers of the General Partner. 16 4.1....Duties of General Partner 16 4.2....Illustrative Rights and Powers 16 4.3....Payment of Costs and Expenses 18 4.4. Exercise of Rights and Powers..........18 4.5....Management Fee 18 4.6....Liability 18 4.7....Indemnification 19 4.8....Removal of the General Partner 19 4.9. Tax Matters Partner....................20
Rights and Powers of the General Partner. (A) In the event there is more than one General Partner, actions of the General Partner in connection with the Partnership require the unanimous consent of all of the General Partners. In the event of a disagreement among the General Partners, the decision of Klee & Xompany, L.L.C., as long as it is a General Partner, shall control in any and all events. Notwithstanding the foregoing, any General Partner may delegate to the other General Partner any or all rights, powers or duties hereunder, but not responsibilities, so long as any such delegation shall be in a writing signed and dated by the delegating General Partner. Any such delegation may be subject to such conditions or restrictions as the delegating General Partner may determine. If at any time there is only one General Partner, such remaining General Partner, acting alone, shall be entitled to take all actions of the General Partner in connection with the Partnership.
Rights and Powers of the General Partner. Without limiting the generality of the powers and rights of the General Partner set out in Section 6.01, but subject to the limitations set forth in Sections 2.04 and 6.04, it is agreed that the General Partner shall have the following rights and powers which it may exercise at the cost, expense and risk of the Partnership:
Rights and Powers of the General Partner. Subject to Section 3.4, in addition to the rights and powers possessed by general partners under law, the General Partner shall have all specific rights and powers required for or appropriate, in its judgment, to the management of the Partnership's business. Such rights and powers shall include, by way of illustration but not by way of limitation, the following rights and powers in furtherance of the business of the Partnership:
