Management and Operation of Business. 37 6.1 Management...................................................................................37 6.2 Certificate of Limited Partnership...........................................................38 6.3 Restrictions on General Partner's Authority..................................................38 6.4 Reimbursement of the General Partner.........................................................39 6.5
Management and Operation of Business. Section 7.1 Management 61 Section 7.2 Replacement of Fiduciary Duties 63 Section 7.3 Certificate of Limited Partnership 63 Section 7.4 Restrictions on the General Partner’s Authority 63 Section 7.5 Reimbursement of the General Partner 64 Section 7.6 Outside Activities 65 Section 7.7 Indemnification 65 Section 7.8 Limitation of Liability of Indemnitees 67 Section 7.9 Resolution of Conflicts of Interest; Standards of Conduct and Modification of Duties 68 Section 7.10 Other Matters Concerning the General Partner 70 Section 7.11 Purchase or Sale of Partnership Interests 70 Section 7.12 Registration Rights of the General Partner and its Affiliates 71 Section 7.13 Reliance by Third Parties 73 ARTICLE VIII
Management and Operation of Business. Section 5.1 Establishment of the Board 6 Section 5.2 The Board; Delegation of Authority and Duties 6 Section 5.3 Term of Office 7 Section 5.4 Meetings of the Board and Committees 8 Section 5.5 Voting 9 Section 5.6 Responsibility and Authority of the Board 9 Section 5.7 Devotion of Time 10 Section 5.8 Certificate of Formation 10 Section 5.9 Benefit Plans 11 Section 5.10 Indemnification 11 Section 5.11 Liability of Indemnitees 12 Section 5.12 Reliance by Third Parties 13 Section 5.13 Other Business of Members 13
Management and Operation of Business. 1. Except as restricted by this Agreement, the Company has the sole and exclusive right to manage, operate, and maintain the efficiency of the business and working forces. This includes the rights: to hire, discipline, suspend and discharge employees for just cause; to hire, promote and demote employees, and maintain discipline and efficiency in the Company’s facilities; to determine where and when to operate scheduled or unscheduled flights; to determine the type and location of facilities, equipment, and aircraft the Company will utilize; to sell or discontinue all or part of the business; to sell or lease aircraft or facilities; to determine marketing methods and strategies; to enter into code sharing, affiliation, or marketing agreements with other carriers; and to invest (including equity investments) in other business entities including, without limitation, other air carriers.
Management and Operation of Business. Section 7.1 Management 59 Section 7.2 Replacement of Fiduciary Duties 61 Section 7.3 Certificate of Limited Partnership 61 Section 7.4 Restrictions on the General Partner’s Authority 62 Section 7.5 Reimbursement of the General Partner 62 Section 7.6 Outside Activities 63 Section 7.7 Indemnification 64 Section 7.8 Liability of Indemnitees 66 Section 7.9 Standards of Conduct and Modification of Duties 67 Section 7.10 Other Matters Concerning the General Partner and Indemnitees 68 Section 7.11 Purchase or Sale of Partnership Interests 69 Section 7.12 Registration Rights of the General Partner and its Affiliates 69 Section 7.13 Reliance by Third Parties 71 ARTICLE VIII
Management and Operation of Business. Section 6.1 Power and Authority of Board of Directors 29 Section 6.2 Number, Qualification and Term of Office of Directors 32 Section 6.3 Election of Directors 32 Section 6.4 Removal 32 Section 6.5 Resignations 33 Section 6.6 Vacancies 33 Section 6.7 Chairman of Meetings 33 Section 6.8 Place of Meetings 33 Section 6.9 Meetings; Notice 33 Section 6.10 Action Without Meeting 34 Section 6.11 Conference Telephone Meetings 34 Section 6.12 Quorum 34 Section 6.13 Committees 34 Section 6.14 Alternate Members of Committees 35 Section 6.15 Remuneration 35 Section 6.16 Exculpation, Indemnification, Advances and Insurance 35 Section 6.17 Resolution of Conflicts of Interest; Standards of Conduct and Modification of Duties 40 Section 6.18 Certificate of Formation 43 Section 6.19 Officers 43 Section 6.20 Duties of Officers and Directors 44 Section 6.21 Reliance by Third Parties 44 Section 6.22 Manager 45
Management and Operation of Business. Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the Partnership.
Management and Operation of Business. 20.1 All decisions with respect to the management of the business and affairs of the Partnership shall be made by the General Partner.
Management and Operation of Business. Section 7.1 Management 59 Section 7.2 Replacement of Fiduciary Duties 61 Section 7.3 Certificate of Limited Partnership 61 Section 7.4 Restrictions on the General Partner’s Authority 62 Section 7.5 Reimbursement of the General Partner 62 Section 7.6 Outside Activities 63 Section 7.7 Loans from the General Partner; Loans or Contributions from the Partnership or Group Members 64 Section 7.8 Indemnification 65 Section 7.9 Liability of Indemnitees 67 Section 7.10 Resolution of Conflicts of Interest; Standards of Conduct and Modification of Duties 68
Management and Operation of Business. Section 5.1 Power and Authority of Board of Directors 21 Section 5.2 Number, Qualification, Term and Election of Directors 23 Section 5.3 Appointment of Designated Directors. 24 Section 5.4 Resignations and Removals of Directors 24 Section 5.5 Vacancies 24 Section 5.6 Meetings 25 Section 5.7 Organization 25 Section 5.8 Quorum 25 Section 5.9 Nomination of Directors 26 Section 5.10 Actions of the Board by Consent 26 Section 5.11 Meeting by Means of Conference Telephone 26 Section 5.12 Committees 26 Section 5.13 Attorneys; Authorized Signatories 27 Section 5.14 Compensation 27 Section 5.15 Elimination of Fiduciary Duties; Standard of Conduct 27 Section 5.16 Exculpation and Indemnification 28 Section 5.17 Resolution of Conflicts of Interest; Interested Directors 30 Section 5.18 Loans and Contributions Between Group Members 32 Section 5.19 Officers 32 Section 5.20 Business Opportunities 32 Section 5.21 Reliance by Third Parties 33 ARTICLE VI BOOKS, RECORDS, ACCOUNTING AND REPORTS Section 6.1 Records and Accounting 34 Section 6.2 Fiscal Year 34 Section 6.3 Reports; Confidential Information 34 ARTICLE VII
