Common use of Rights of Limited Partners Clause in Contracts

Rights of Limited Partners. (a) Limited Partners shall have no right to take part in the management, control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 8 contracts

Samples: Apollo Global Management, Inc., Apollo Global Management, Inc., Apollo Global Management, Inc.

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Rights of Limited Partners. (a) Limited Partners shall have no right to take part in the management, management or control or in the conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Apollo Global Management, Inc.), Limited Partnership Agreement (Apollo Global Management, Inc.), Exempted Limited Partnership Agreement (Apollo Asset Management, Inc.)

Rights of Limited Partners. (a) Limited Partners shall have no right to take part in the management, management or control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Apollo Global Management LLC), Partnership Agreement (Apollo Global Management LLC), Limited Partnership Agreement (Apollo Global Management LLC)

Rights of Limited Partners. (a) Limited Partners shall have no right to take part in the management, conduct or control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 4 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management, Inc.), Limited Partnership Agreement (Apollo Global Management LLC), Apollo Global Management, Inc.

Rights of Limited Partners. (a) No Limited Partners Partner shall have no right to take part participate in the management, control or conduct direction of the Partnership’s business's operations, nor shall they business or affairs, transact any business for the Partnership, or have any right the right, power or authority to act for the Partnership or on behalf of or to vote on matters other than as set forth bind the Partnership, the same being vested solely and exclusively in this Agreement or as required by applicable lawthe General Partner.

Appears in 2 contracts

Samples: Cadence Design Systems Inc, Tality Corp

Rights of Limited Partners. (a) The Limited Partners shall have no right to not take part in the management, control or conduct of the Partnership’s business, nor shall they business and have any no right or authority to act for the Partnership or to vote on matters other than as the matters set forth in this Agreement or as required by applicable law.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Greenlight Capital Re, Ltd.), Greenlight Capital Re, Ltd.

Rights of Limited Partners. (a) The Limited Partners shall have no right to take part not participate in the management, control control, or conduct operation of the Partnership’s business, nor and shall they have any no right or authority to act for the Partnership or to vote on matters other than as the matters set forth in this Agreement or as required by applicable law. Except as otherwise required by law, a Limited Partner shall have no liability for the debts or obligations of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (American Physicians Capital Inc), Limited Partnership Agreement (American Physicians Capital Inc)

Rights of Limited Partners. (a) The Limited Partners Partner shall have no right the powers and shall be entitled to take exercise the rights given to it by the terms of this Agreement and by law, and the exercise of such rights shall not be deemed to constitute participation or taking part in the management, management or control or conduct of the business of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 2 contracts

Samples: Agreement (BuyDebtCo, LLC), BuyDebtCo, LLC

Rights of Limited Partners. (a) The Limited Partners shall have no right the powers and shall be entitled to take exercise the rights given to them by the terms of this Agreement and by law, and the exercise of such rights shall not be deemed to constitute participation or taking part in the management, management or control or conduct of the business of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 1 contract

Samples: Shareholders Agreement (Advanced BioEnergy, LLC)

Rights of Limited Partners. (a) The Limited Partners shall have no right to take part participate in the management, control or conduct management of the Partnership’s business, nor Partnership and shall they have any right no authority or authority power to act for or bind the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable lawPartnership.

Appears in 1 contract

Samples: Trestle Transport, Inc.

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Rights of Limited Partners. (ac) Limited Partners shall have no right to take part in the management, control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 1 contract

Samples: Apollo Global Management LLC

Rights of Limited Partners. (a) The Limited Partners shall have no right the powers and shall be entitled to take exercise the rights afforded to them by the terms of this Agreement and the Act, and the exercise of such rights shall not be deemed to constitute participation or taking part in the management, management or control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable lawthe Business.

Appears in 1 contract

Samples: Limited Partnership Agreement (CorEnergy Infrastructure Trust, Inc.)

Rights of Limited Partners. (a) Except as otherwise provided in this Agreement, the Limited Partners shall take no part in the management or control of the Partnership's business. Limited Partners shall have no right to take part in the management, control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as the matters set forth in this Agreement or as required by applicable law. Except as otherwise provided by law, the liability of each Limited Partner is limited to the amount of such Limited Partner's capital contributions.

Appears in 1 contract

Samples: Agreement

Rights of Limited Partners. (a) The Limited Partners shall have take no right to take part in the management, management or control or conduct of the Partnership’s business, nor shall they 's business and have any no right or authority to act for the Partnership or to vote on matters other than as the matters set forth in this Agreement or as required by applicable law.

Appears in 1 contract

Samples: Value Partners LTD /Tx/

Rights of Limited Partners. (ac) Limited Partners shall have no right to take part in the management, management or control or conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 1 contract

Samples: Apollo Global Management LLC

Rights of Limited Partners. (a) a. Limited Partners shall have no right to take part in the management, management or control or in the conduct of the Partnership’s business, nor shall they have any right or authority to act for the Partnership or to vote on matters other than as set forth in this Agreement or as required by applicable law.

Appears in 1 contract

Samples: Apollo Global Management, Inc.

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