Partnership Business. The purpose and activity of the Partnership shall be to acquire assets from federal and state banking and savings and loan agencies, the Federal Deposit Insurance Corporation ("FDIC"), the Resolution Trust Corporation ("RTC") and various other sources in order to derive income from managing, servicing, operating or selling those assets or collecting monies due and payable from those assets.
Partnership Business. The Partnership shall carry on the practice of (insert description of practice) in the Province of at such location or location in the Province as all of the Partners may from time to time determine.
Partnership Business. The FCCL Oil Sands Partnership will be formed for the purpose of developing and operating the Oil Sands Assets, or such other oil sands assets as the FCCL Oil Sands Partnership may acquire, and will be authorized to carry on such other activities as the Management Committee considers necessary or desirable in connection therewith.
Partnership Business. See Section 2.3.
Partnership Business name and location
Partnership Business. The Offer will not materially affect the operation of the properties owned by the Partnership, since the properties will continue to be managed by MII and the Operating Tenant and the Partnership will continue to be managed by the General Partner. . Federal Tax Consequences. Non-tendering Unitholders will not be subject to any federal tax consequences as a result of consummation of the Offer unless the Offer, together with other transfers of Units occurring in any twelve consecutive month period prior to and following the consummation of the Offer, were to result in a Section 708 Termination. See "Certain Federal Income Tax Considerations--Non-Tendering Unitholders." . Effect on Trading Market. There is no established public trading market for the Units. Purchases of Units pursuant to the Offer, if any, will reduce the number of Unitholders and could restrict further the non-tendering Unitholders' ability to find purchasers for their Units. It is the Purchaser's current intention to acquire additional Units beginning after the end of the twelve month period following consummation of the Offer, although, the Purchaser is not obligated to make any such acquisitions and any acquisitions of additional Units, if made, may be at a price higher or lower than the Offer Price. Additional acquisitions by the Purchaser could affect the non-tendering Unitholders' ability to find purchasers for their respective Units and could affect the price at which secondary market transactions occur. .
Partnership Business. Nothing in this Agreement shall be construed as limiting or preventing the Partnership from taking any action with respect to the operation and conduct of its business that it deems appropriate or in its best interests, including any or all adjustments, recapitalizations, reorganizations, exchanges or other changes in the capital structure of the Partnership, any merger or consolidation of the Partnership, any issuance of units of or other Awards or subscription rights thereto, any issuance of bonds or debentures, any dissolution or liquidation of the Partnership, any sale or transfer of all or any part of the assets or business of the Partnership, or any other corporate act or proceeding, whether of a similar character or otherwise.
Partnership Business. 2 1.14 Partnership Minimum Gain ................................................ 3 1.15
Partnership Business. The business of the Partnership is to:
(a) Acquire approximately 140 commercially zoned acres in Orlando, Florida (as described by metes and bounds in Exhibit A hereto) and develop, construct, operate and lease thereon a retail/entertainment/ shopping center complex consisting of at least 900,000 square feet (the "Project").
(b) Engage in such other activities as are related or incidental to the foregoing purposes. Any and all of the property as may from time to time be owned by the Partnership shall hereinafter be referred to as the "Property."
Partnership Business. The business of the Partnership (the “Partnership Business”) shall consist of the Mining Operations together with such other business as the GP Board may, by Unanimous Resolution, determine from time to time and the Partnership shall not carry on any other business or activity.
