Participation in Management. The Limited Partner shall not participate in the management or control of the business of the Partnership, and shall have no power to sign for or bind the Partnership.
Appears in 14 contracts
Sources: Limited Partnership Agreement (Cornerstone Realty Income Trust Inc), Limited Partnership Agreement (Cornerstone Realty Income Trust Inc), Limited Partnership Agreement (Cornerstone Realty Income Trust Inc)
Participation in Management. The Limited Partner Partners (other than the General Partner) shall not participate have no part in the management or control of the business of the Partnership, and shall have no power authority or right in their capacity as Partners to sign for or bind act on behalf of the PartnershipPartnership in connection with any matter.
Appears in 5 contracts
Sources: Limited Partnership Agreement (Equisource Hotel Fund I, LLP), Limited Partnership Agreement (CapSource Fund I, LP), Limited Liability Partnership Agreement (Equisource Hotel Fund I, LLP)
Participation in Management. The Limited Partner shall not have the right, power, or authority to participate in the ordinary and routine management of Partnership affairs or control of the business of the Partnership, and shall have no power to sign for or bind the PartnershipPartnership in any manner.
Appears in 4 contracts
Sources: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement
Participation in Management. The Limited Partner shall not have the right, power, or authority to participate in the ordinary and routine management of Partnership affairs or control of the business of the Partnership, and shall have no power to sign for or bind the Partnership.Partnership in any manner. 12.02
Appears in 1 contract
Sources: Limited Partnership Agreement
Participation in Management. The Limited Partner shall not participate in the management or control of the Partnership’s business of nor shall it transact any business for the Partnership, and nor shall it have no the power to sign act for or bind the Partnership, said powers being vested solely and exclusively in the General Partner.
Appears in 1 contract