Common use of Management of Business Clause in Contracts

Management of Business. (a) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 87 contracts

Samples: Agreement (HappyNest REIT, Inc.), Advisory Agreement, Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.)

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Management of Business. (a) No Limited Partner or Assignee (other than the General Partner, the Sponsor any of its Affiliates their Affiliates, including the Business Manager, or any officer, director, employee, agent or trustee of the General Partner, the Partnership Partnership, the Sponsor or any of their Affiliates, including the Business Manager, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 7 contracts

Samples: Agreement (Inland Residential Properties Trust, Inc.), Agreement (Inland Residential Properties Trust, Inc.), Inland Residential Properties Trust, Inc.

Management of Business. (ad) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 5 contracts

Samples: Agreement (American Realty Capital New York City REIT II, Inc.), Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), American Realty Capital Global Trust II, Inc.

Management of Business. (a) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or related parties or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their AffiliatesAffiliates or related parties, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 4 contracts

Samples: Agreement (American Realty Capital Healthcare Trust III, Inc.), American Realty Capital Global Trust II, Inc., American Realty Capital - Retail Centers of America, Inc.

Management of Business. (a) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership.

Appears in 4 contracts

Samples: Contribution Agreement (Tower Realty Trust Inc), Exchange Rights Agreement (American Spectrum Realty Inc), Exchange Rights Agreement (Orion Multifamily Investment Fund Inc)

Management of Business. (a) No Limited Partner or Assignee (other than the General Partner, any of its their Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 3 contracts

Samples: Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc)

Management of Business. (a) No Neither the Special Limited Partner nor any Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 3 contracts

Samples: Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

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Management of Business. (a) No Neither the Associate General Partner nor any Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 2 contracts

Samples: Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc), Exchange Rights Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc)

Management of Business. (a) No a)No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 1 contract

Samples: Form of Exchange Rights Agreement (Independence Realty Trust, Inc)

Management of Business. (a) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, partner, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operationoperations, management or control (within the meaning of the Act) of the Partnership’s 's business, transact any business in the Partnership’s 's name or have the power to sign documents for or otherwise bind the Partnership.or

Appears in 1 contract

Samples: Liability Agreement (Arden Realty Inc)

Management of Business. (a) a. No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) 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.

Appears in 1 contract

Samples: Agreement (Phillips Edison & Company, Inc.)

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