Designated Partners Sample Clauses
The 'Designated Partners' clause defines which individuals are officially recognized as designated partners within a partnership or limited liability partnership (LLP). It typically outlines the process for appointing, removing, or replacing designated partners, and may specify their roles, responsibilities, and legal obligations, such as compliance with statutory filings or representing the partnership to authorities. This clause ensures that there is clear accountability and compliance with legal requirements, thereby reducing ambiguity about who is responsible for key administrative and regulatory duties within the partnership.
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Designated Partners. In accordance with the requirements ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ 2008 , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ : [name] and [name] who shall be jointly responsible ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Designated Partners. Designated Partners are responsible for filing forms and submitting accounts to Companies House. The Partners represented on the Executive Committee shall be the Designated Partners for the Authentic Business Network.
Designated Partners. The designated partners shall be nominated, elected and appointed by the partners from time to time as they may deem fit and proper in accordance with the provisions of the LLP Act, 2008 and Rules made there under. The following shall be first Designated Partners of the LLP: A new partner may be introduced with the consent of all the partners on such terms and conditions as the partners may agree with the person to be introduced as a partner in the LLP. However, the terms and conditions on which the new partner(s) is/are introduced shall be in accordance with the provisions of the Act and Rules made thereunder and if the same are different from the provisions of this Agreement, then this agreement shall be revised accordingly to incorporate the changed terms and conditions. Change in Designated Partner The LLP may appoint or remove a Designated Partner with the approval of majority of its Partners. In any decision concerning the removal of a Designated Partner, the Concerned Designated Partner shall also be a party and shall be entitled to vote.
Designated Partners. 9.1 The First Designated Partners of the LLP as named in the Incorporation Document are :- 1 NAME OF PARTNER 1 DIN OF PARTNER 1 2 NAME OF PARTNER 2 DIN OF PARTNER 2
9.2 The said Designated Partners have given their consent to act as Designated Partners of the LLP
Designated Partners. The designated partners shall be nominated, elected and appointed by the partners from time to time as they may deem fit and proper in accordance with the provisions of the LLP Act, 2008 and Rules made there under. The following shall be first Designated Partners of the LLP:
Designated Partners. There must be one or more designated partners. Although the Act says someone must be responsible, that does not mean he/she must do it personally. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Designated Partners. In accordance with the requirements of the Limited Liability Partnerships Act 2000, ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Designated Partners. Under the LLPA 2000, there must be at least one person who is personally liable for the ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Designated Partners. The parties stated as First to Fourth Part shall become the Designated Partners on signing this agreement and on payment of respective contribution amounts specified in Clause-6(a) below. In case of any alteration in partnership, new partners as mutually agreed may be appointed as designated partners without having to change this agreement. Any designated partner may be removed with unanimous consent of all partners/ parties.
Designated Partners. There must be at least one person who is personally liable for the statutory ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .