Partnership Powers. In furtherance of the purposes specified in Section 1.3 and without limiting the generality of Section 2.1, the Partnership and the General Partner, acting on behalf of the Partnership or on its own behalf and in its own name, as appropriate, shall be empowered to do or cause to be done any and all acts deemed by the General Partner, in its sole judgment, to be necessary, advisable, appropriate, proper, convenient or incidental to or for the furtherance of the purposes of the Partnership including, without limitation, the power and authority:
Partnership Powers. 2 SECTION 2 - THE GENERAL PARTNER..........................................................................4
Partnership Powers. The Partnership shall have all powers permitted by law to a limited partnership, including, without limitation, the power to do any act or thing and enter into any contract incidental to, or necessary, proper or advisable for, the operation of the Casino or the accomplishment or attainment of any purpose of the Partnership specified in this Agreement.
Partnership Powers. In furtherance of the Partnership's purpose ------------------ specified in Section 1.3, the Partnership shall have all of the powers available to it as a limited partnership under the laws of the State of Delaware, including, without limitation, the power to engage in all activities and transactions necessary or advisable to carry out the Partnership's purpose. The General Partner is authorized to exercise all such powers in the name and on behalf of the Partnership, including, without limitation, the authority:
Partnership Powers. 2 Article II
Partnership Powers. 2 3.3 Term...................................................................................2
Partnership Powers. In furtherance of the business purpose specified in Section 1.3, the Partnership, and the General Partner on behalf of the Partnership subject to any limitations set forth herein as well as the investor protection provision in Section 7.5, shall be empowered to do or cause to be done any and all acts reasonably deemed by the General Partner to be necessary or appropriate in furtherance of the purposes of the Partnership or forbear from doing any act if the General Partner reasonably deems such forbearance necessary or appropriate in furtherance of the purposes of the Partnership, including, without limitation, the power and authority: Formatted: Font: Times New Roman, 8 pt Formatted: Tab stops: 3", Centered + 6", Right + Not at 0.73" the Partnership; provided, however, that any transaction between the Partnership
Partnership Powers. 4 SECTION 2
Partnership Powers. Such Borrower has the partnership right and power and is duly authorized and empowered to enter into, execute, deliver and perform this Agreement and each of the other Credit Documents to which it is a party. This Agreement and each of the other Credit Documents to which such Borrower is a party have each been duly authorized and approved by the General Partner of such Borrower, and are the legal, valid and binding obligations of such Borrower, enforceable against such Borrower in accordance with their respective terms, except to the extent such enforceability is limited by bankruptcy, reorganization, moratorium or similar laws affecting generally the enforcement of creditors' rights and remedies from time to time in effect. The execution, delivery and performance of this Agreement and each of the other Credit Documents to which it is a party will not conflict with or result in any breach of any of the provisions of, or constitute a default under, or result in the creation of any Lien (other than Permitted Liens) upon any Property of such Borrower under the provisions of, the Partnership Agreement of such Borrower or any Material Agreement.
Partnership Powers. In furtherance of the purposes of the Partnership as set forth in Section 3.1, the Partnership shall have the power to do any and all things whatsoever necessary, appropriate or advisable as determined by the General Partner in connection with such purposes, or as otherwise contemplated in this Agreement. The General Partner shall not, however, be entitled to engage in any business other than as set forth in Section 3.1, nor take any action not contemplated in this Agreement.
