The Managing Partners’ Powers Sample Clauses

The Managing Partners’ Powers. Each Managing Partner shall have the broadest powers to act in any circumstance in the Company’s name and on its behalf, in accordance with the law and with this Memorandum and Articles of Association, it being stipulated that whenever this Memorandum and Articles of Association makes reference to a Managing Partner decision, the decision shall be taken by any one of the Managing Partners.
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Related to The Managing Partners’ Powers

  • General Partners Each Plains Entity or GP Entity that serves as a general partner of another Plains Entity or GP Entity has full corporate or limited liability company power and authority, as the case may be, to serve as general partner of such Plains Entity or GP Entity, in each case in all material respects, as disclosed in the Pricing Disclosure Package and the Prospectus.

  • Manager 5.1. Rules relating to the rights, duties and responsibilities of the Managers shall be governed by the Act. Such provisions are hereinafter incorporated into this Agreement by reference. Without limiting the generality of the foregoing, the Manager shall have the powers set forth in Paragraph 5.3 below.

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