Common use of Determination by General Partner of Certain Matters Clause in Contracts

Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of Securities, the allocation of profits, gains and losses among the Partners, including the taxes on them and accounting procedures, not specifically and expressly provided for by the terms of this Agreement, shall be determined in good faith by the General Partner, whose determination shall be final, binding and conclusive upon all of the Partners.

Appears in 24 contracts

Samples: Seidman Lawrence B, Seidman Lawrence B, Seidman Lawrence B

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Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of SecuritiesSecurities and other assets of the Partnership, the allocation of profits, gains and losses among the Partners, including the taxes on them thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined in good faith by the General Partner, whose determination shall be final, binding final and conclusive upon as to all of the Partners.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Nymagic Inc), Limited Partnership Agreement (Nymagic Inc)

Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of Securities, the allocation of profits, gains and losses among the PartnersPartners including their taxable status, including the taxes on them and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, shall be determined in good faith by the General PartnerPartner on a fair and equitable basis (subject where appropriate, to generally accepted accounting principles, as recommended by the accountants for the Partnership) whose determination shall be final, binding final and conclusive upon as to all of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (GHS Management Inc)

Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of SecuritiesSecurities and other assets and liabilities of the Partnership, the allocation of profits, gains and losses among the Partners, including the taxes on them thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, shall be determined in good faith by the sole and absolute discretion of the General Partner, whose determination shall be final, binding final and conclusive upon as to all of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement

Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of Securities, the determination and allocation of profits, gains Net Profits and losses Losses among the Partners, including the taxes on them federal income tax allocations among the Partners, and accounting procedures, not specifically and expressly provided for by the terms of this Agreement, shall be determined in good faith by the General Partner, whose determination shall be final, binding final and conclusive upon as to all of the Partners.. ARTICLE V.

Appears in 1 contract

Samples: Management Agreement (Value Partners LTD /Tx/)

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Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of SecuritiesSecurities and other assets and liabilities of the Partnership, the allocation of profitsincome, deductions, gains and losses among the Partners, including the taxes on them thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined in good faith by the General Partner, whose determination shall be final, binding final and conclusive upon as to all of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (Clinton Group Inc)

Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of SecuritiesSecurities and other assets and liabilities of the Partnership, the allocation of profits, income, deductions, gains and losses among the Partners, including the taxes on them thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, Agreement shall be determined in good faith by the General Partner, whose determination shall be final, binding final and conclusive upon as to all of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (Nymagic Inc)

Determination by General Partner of Certain Matters. (a) All matters concerning the valuation of SecuritiesSecurities and other assets of the Partnership, the allocation of profits, gains and losses among the Partners, including the taxes on them thereon, and accounting procedures, procedures not specifically and expressly provided for by the terms of this Agreement, shall be determined in good faith by the General Partner, whose determination shall be final, binding final and conclusive upon as to all of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement

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