Participation in Management. No Limited Partner shall have the right, power, or authority to take any part in the control or management of, or to transact any business for, the Partnership, or to sign for or bind the Partnership in any manner.
Appears in 2 contracts
Sources: Limited Partnership Agreement (American Homestar Corp), Limited Partnership Agreement (American Homestar Corp)
Participation in Management. No Subject to the Major Decisions, no Limited Partner shall have the right, power, or authority to take any part in the control or management of, or to transact any business for, the Partnership, or to sign for or bind the Partnership in any manner.
Appears in 2 contracts
Sources: Limited Partnership Agreement (HF Enterprises Inc.), Limited Partnership Agreement (SeD Intelligent Home Inc.)