Rights and Powers of General Partner. Except as expressly provided in this Article 6 or elsewhere in this Agreement, the General Partner shall have the full, complete, and exclusive right, power and obligation to manage and control the business of the Partnership and to make all decisions affecting the affairs of the Partnership (including without limitation all decisions related to investments in Subpartnerships or Real Estate Assets), and the General Partner is hereby authorized to take all actions it deems necessary, desirable and convenient with respect thereto.
Appears in 2 contracts
Sources: Limited Partnership Agreement (Sealy Industrial Partners IV, LP), Limited Partnership Agreement (Sealy Industrial Partners IV, LP)