DUTIES OF PARTNERS. COUNTY agrees to complete the PROJECT as detailed in Exhibit A (PROJECT PLAN) of the SWFWMD GRANT. Each PARTNER agrees to contribute the following respective amount in furtherance of the PROJECT; the sum of these amounts is $100,000.00: COUNTY: $42,110.00 BELLEAIR BLUFFS: $1,040.00 CLEARWATER: $18,490.00 DUNEDIN: $8,237.00 LARGO: $27,453.00 SEMINOLE: $2,670.00 Each PARTNER, except for the COUNTY, shall mail a check to the COUNTY for its respective amount by December 31, 2020. The check shall be made out to the Pinellas County Board of County Commissioners and mailed to Pinellas County Environmental Management, Attn: Xxxxxx Day, 00000 X.X. 00 X, Xxxx. 00, Xxxxxxxxxx, XX 00000. If any PARTNER does not mail payment to COUNTY by December 31, 2020, COUNTY shall promptly notify the other PARTNERS of the non-paying PARTNER’s breach of this AGREEMENT.
DUTIES OF PARTNERS a. The Partners shall work diligently and faithfully for purpose of the business of LLP and shall be loyal to each other and the LLP.
DUTIES OF PARTNERS. COUNTY agrees to complete the PROJECT, using the PARTNERS’ contributions, the COUNTY’S contribution, and the SWFWMD GRANT, as detailed in Exhibit A (PROJECT PLAN) of the SWFWMD GRANT. The COUNTY shall use the PARTNERS’ contributions only to fund the PROJECT. If the total cost of the PROJECT is less than $400,000, the COUNTY shall reimburse the PARNTERS a pro rata portion of the amount of the total contributions that are not expended on the PROJECT. Each PARTNER agrees to contribute the following respective amounts in furtherance of the PROJECT; the sum of these amounts is $200,000.00: COUNTY: $ 85,704.00 BELLEAIR: $ 5,191.00 BELLEAIR BEACH: $ 1,399.00 BELLEAIR BLUFFS: $ 1,367.00 CLEARWATER: $ 34,629.00 DUNEDIN: $ 28,601.00 INDIAN ROCKS BEACH: $ 2,413.00 LARGO: $ 15,681.00 SEMINOLE: $ 2,092.00 TARPON SPRINGS: $ 22,923.00 Each PARTNER, except for COUNTY, shall mail a check to COUNTY for its entire respective share of the SWFWMD GRANT match by December 31, 2024, OR for partial amount in installments, as determined by each PARTNER, with the total amount to be paid by December 31, 2024. The check shall be made payable to the Pinellas County Board of County Commissioners and mailed to Pinellas County Environmental Management, Attn: Xxxxxx Day, 22211 X.X. 00 X, Xxxx 00, Xxxxxxxxxx, XX 00000. If any PARTNER does not mail its required payment to COUNTY by December 31, 2024, COUNTY shall promptly notify the other PARTNERS of the non-paying PARTNER’s breach of this AGREEMENT.
DUTIES OF PARTNERS. The fiduciary duties of Partners or Members of the Partnership Committee shall not restrict any Partner or Affiliate or any Member of the Partnership Committee from:
DUTIES OF PARTNERS. The fiduciary duties of Partners shall not restrict any Partner or Affiliate from:
DUTIES OF PARTNERS. The Partners shall devote reasonable time and attention to the business of the Partnership as may be reasonably required.
DUTIES OF PARTNERS. Fiduciary duties Each Partner of Pyrus Builders & Developers LLP shall be bound to carry on the business of the LLP in a diligent manner to the greatest common advantage, to be just and faithful to each other, and to render true and fair statements of account and solvency, and other information relating to the state of affairs of the LLP. Duty to indemnify loss caused by fraud The defaulting Partner(s) shall indemnify the LLP and the other existing Partners for any loss caused to it by his fraud/fraudulent conduct of the business of the LLP. In such a case, the partner/designated partner involved shall carry unlimited liability, at his own risk. Duty to pay back personal gains earned by Partners If any Partner of Pyrus Builders & Developers LLP derives any profit for himself/herself without the consent of the LLP from any transaction concerning the LLP, or from use of the property or business connection of the LLP or the name of the LLP, he/she shall account for that profit and pay the same to the LLP. Confidentiality of partnership information Disclosure of a Partners’ confidential information to any other officers, employees, consultants or third party shall be made only if required and to the extent necessary to carry out rights and responsibilities under this Agreement, or as required under any law for the time being in force, or by any statutory authority. Further, such disclosure shall be limited to the extent consistent with the rights and responsibilities enumerated under this Agreement and shall only be made to persons who are bound to maintain the confidentiality thereof and not to use such confidential information except as expressly permitted by this Agreement. Each Partner shall exercise the same standard of prudence and diligence, but no less than a reasonable standard of prudence, as he exercises to protect its own confidential information to ensure that the employees, consultants and other representatives of the LLP, or the entity with which such Partner is related, do not disclose or make any unauthorized use of confidential information of another Partner. Each Partner shall promptly notify the other Partner of any unauthorized use or disclosure of confidential information of another Partner. Within sixty days following termination or expiration of this Agreement, each Partner will return to the other Partner, or destroy, upon the written request of the concerned Partner pursuant to this Agreement, including all copies and extracts of docu...
DUTIES OF PARTNERS. Unless otherwise decided, all the Partners hereto shall have the following duties: Each Partner shall be just and faithful to the other Partners in all transactions relating to the Each Partner shall render true accounts and full information of all things affecting the LLP to any Partner. Every Partner shall account to the LLP for any benefit derived by him/her without the consent of the LLP of any transaction concerning the LLP, or for any use by him/her of the property, name or any business connection of the LLP. Punctually pay and discharge the separate debts and engagement and indemnify the other Partners and the LLP assets against the same and all proceedings, costs, claims and demands in respect thereof. Designated Partners are responsible for doing all the acts required to be done in accordance with the provisions of the Limited Liability Partnership (LLP) Act 2008.
DUTIES OF PARTNERS. Every Partner shall account to the Limited Liability Partnership for any benefit derived by him without the consent of the Limited Liability Partnership from any transaction concerning the Limited Liability Partnership, or from any use by him of the property, name or any business connection of the Limited Liability Partnership. Every Partner shall indemnify the Limited Liability Partnership and the other existing Partners for any loss caused to it by his fraud in the conduct of the business of the Limited Liability Partnership. Each Partner shall render true accounts and full information of all things affecting the Limited Liability Partnership to any Partner or his legal representatives. No Partner shall without the written consent of all the other Partners of “YOUR LLP NAME” : Employ any money, goods or effects of “YOUR LLP NAME” or pledge the credit thereof except in the ordinary course of business and upon the account or for the benefit of “YOUR LLP NAME” . Lend money or give credit on behalf of “YOUR LLP NAME” or to have any dealings with any Persons, Company or Firm whom the other Partners previously in writing have forbidden it to trust or deal with. Any loss incurred through any breach of provisions shall be made good with “YOUR LLP NAME” by the Partner incurring the same. Enter into any bond or become sureties or security with or for any person or do knowingly cause or suffer to be done anything whereby “YOUR LLP NAME” property or any part thereof may be seized.
DUTIES OF PARTNERS. A. Devotion to Duty.
