Board of Representatives. Except as expressly provided herein, ------------------------ the business and affairs of the Partnership (including all actions to be taken by the Partners or by the Partnership under this Agreement) shall be managed by or under the direction of a board of representatives of the Partnership (the "Board") pursuant to the provisions of this Agreement. Except as expressly provided herein, the Board shall have the authority and full discretion with respect to the management of the business and affairs of the Partnership. No Partner shall act on behalf of, or take any action binding, the Partnership without the prior approval or consent of the Board.
Appears in 2 contracts
Sources: Agreement of Limited Partnership (Brylane Capital Corp), Incorporation and Exchange Agreement (Brylane Inc)