Partnership Obligations. (a) Except as provided in this Section 6.05 and elsewhere in this Agreement (including the provisions of Articles V and VI hereof regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.
(b) All Administrative Expenses shall be obligations of the Partnership, and the General Partner shall be entitled to reimbursement by the Partnership for any expenditure (including Administrative Expenses) incurred on behalf of the Partnership that shall be made other than out of the funds of the Partnership.
Partnership Obligations. (a) Except as provided in this Section 6.05 and elsewhere in this Agreement (including the provisions of Articles V and VI regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.
(b) All Administrative Expenses shall be obligations of the Partnership, and the General Partner shall be entitled to reimbursement by the Partnership for any expenditure (including Administrative Expenses) incurred by it on behalf of the Partnership that shall be made other than out of the funds of the Partnership. All reimbursements hereunder shall be characterized for federal income tax purposes as expenses of the Partnership incurred on its behalf, and not as expenses of the General Partner.
Partnership Obligations. (a) Except as provided in this Section 5.05 and elsewhere in this Agreement (including the provisions of Article IV regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.
(b) All administrative expenses shall be obligations of the Partnership, and the General Partner shall be entitled to reimbursement by the Partnership for any third-party expenditure incurred by it on behalf of the Partnership that shall be made other than out of the funds of the Partnership. The General Partner shall also be entitled to recover its reasonable expenses and shall be entitled to receive a management fee of up to one percent (1%) per Year of the total revenue of the Partnership as determined in the reasonable discretion of the General Partner.
Partnership Obligations. (a) Except as provided in this Section 6.05 and elsewhere in this Agreement (including the provisions of Articles V and VI regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.
(b) All Administrative Expenses shall be obligations of the Partnership, and the General Partner shall be entitled to reimbursement by the Partnership for any expenditure (including Administrative Expenses) incurred by it on behalf of the Partnership that shall be made other than out of the funds of the Partnership. In the event that any such reimbursement made by the General Partner is treated as gross income of the General Partner for purposes of Section 856 of the Code, the Partnership shall treat such reimbursement as a guaranteed payment to the General Partner within the meaning of Section 707(c) of the Code.
Partnership Obligations. The parties to this Agreement agree that the obligations of the Partnership under this Agreement shall not be binding upon any of the Directors, limited partners or any officers, employees or agents, whether past, present or future, of the Partnership, individually, but are binding only upon the assets and property of the Partnership. PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE PERSONS, THIS BROCHURE OR ACCOUNT DOCUMENT IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM OR UPON THE ADEQUACY OR ACCURACY OF COMMODITY TRADING ADVISOR DISCLOSURE. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS TRADING PROGRAM OR THIS BROCHURE OR ACCOUNT DOCUMENT. YOU SHOULD ALSO BE AWARE THAT THE ADVISER (A COMMODITY TRADING ADVISOR) MAY ENGAGE IN TRADING FOREIGN FUTURES OR OPTIONS CONTRACTS TRANSACTIONS ON MARKETS LOCATED OUTSIDE THE UNITED STATES, INCLUDING MARKETS FORMALLY LINKED TO A U.S. MARKET, AND WITH RESPECT TO SUCH TRADES, THE ADVISER MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED PROTECTION TO THE PARTNERSHIP AND ITS INVESTORS. FURTHER, UNITED STATES REGULATORY AUTHORITIES MAY BE UNABLE TO COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN NON-UNITED STATES JURISDICTIONS WHERE TRANSACTIONS FOR THE POOL MAY BE EFFECTED.
Partnership Obligations. Subject to Paragraphs 10.1 and 10.2 preceding, the Partnership shall pay all expenses (which expenses shall be billed directly to the Partnership) of the Partnership which may include, but are not limited to:
10.3.1 all costs of personnel employed by the Partnership and involved in the business of the Partnership, including persons who may also be employees of the Managing General Partner;
10.3.2 all costs of borrowed money. taxes and assessments on Partnership Properties and other taxes applicable to the Partnership;
10.3.3 legal, audit, accounting, brokerage and other fees;
10.3.4 printing, engraving and other expenses and taxes incurred in connection with the issuance, distribution, transfer, registration and recording of documents evidencing ownership of an interest in the Partnership or in connection with the business of the Partnership;
10.3.5 fees and expenses paid to independent contractors, appraisers, mortgage bankers, brokers and servicers, leasing agents, consultants, on-site managers, real estate brokers, insurance brokers and other agents;
10.3.6 expenses in connection with the disposition, replacement, alteration, repair, remodeling, refurbishment, leasing, refinancing and operation of Partnership Properties (including the costs and expenses of foreclosures, insurance premiums, real estate brokerage and leasing commissions and of maintenance of such Property);
10.3.7 the cost of insurance as required in connection with the business of the Partnership;
10.3.8 expenses of organizing, revising, amending, converting, modifying or terminating the Partnership;
10.3.9 the cost of preparation and dissemination of the informational material and documentation relating to potential Sales or Dispositions of Partnership Property;
10.3.10 the cost incurred in connection with any litigation in which the Partnership is involved, as well as in the examination, investigation or other proceedings conducted by any regulatory agency of the Partnership, including legal and accounting fees incurred in connection therewith;
10.3.11 the cost of any computer equipment or services used for or by the Partnership;
10.3.12 the cost of any accounting, statistical or bookkeeping equipment necessary for the maintenance of the books and records of the Partnership and
10.3.13 supervision and expenses of professionals retained by the Partnership in connection with any of the foregoing, including, without limitation, attorneys, accountants and appraisers.
Partnership Obligations. Xxxx Atlantic and Vodafone shall, and shall cause their respective Affiliates to, cause the Partnership to perform and comply with the provisions of this Article IX to the extent they impose obligations on the Partnership.
Partnership Obligations. Neither the General Partner nor any of its Affiliates shall cause the Partnership to (i) incur or enter into any agreement to incur any additional Indebtedness, (ii) acquire (except as permitted pursuant to clause (D) of Section 3.2(b) of the Partnership Agreement), or enter into any agreement to acquire, any Investment or
Partnership Obligations. No Retired Partner shall have any liability whatsoever for any liability or indebtedness of the Firm, regardless of whether the liability or indebtedness arose before or after the retirement from the Firm of the Retired Partner. The provisions of Section 22 of this Agreement, regarding indemnity, shall apply to such liability.
Partnership Obligations. (a) Prio will exclusively utilize Vicinity Services for all Prio projects or programs involving location-based search capabilities services;
(b) Vicinity will exclusively utilize Prio Services for all Vicinity projects involving product or brand specific consumer discounts linked to specific retail outlets where a transaction originates on a website and is consummated at a Physical Store;
(c) Notwithstanding Sections 5.1(a) or (b), each party can use the services of providers that compete with the other party so long as (i) the customer requests use of a specific competing service and (ii) such party has first introduced the other party's services to the customer and used commercially reasonable efforts to cause the customer to use such services; and
(d) Both parties will refer potential customers to each other and actively cooperate on joint marketing activities.
