Business of the Partnership definition

Business of the Partnership means the purpose of the Partnership as described in Section 2.6 of this Agreement.
Sample 1Sample 2Sample 3
Business of the Partnership means the business of the Partnership as defined in Section 1.4 hereof.
Sample 1Sample 2
Business of the Partnership means the purpose of the Partnership as described in S ection 2.6 of this Agreement. “Buy/Sell Deposit” has the meaning ascribed thereto in S ection 16.5 of this Agreement.
Sample 1

Examples of Business of the Partnership in a sentence

  • The name of the Partnership shall be “Roseland Residential, L.P.” The Business of the Partnership shall be conducted solely under that name and all assets of the Partnership shall be held under that name.

  • Managing Partner shall, at the expense of the Partnership, use its diligent, good faith efforts to cause each Fee Owner to operate the Property in accordance with the Approved Annual Budget and to carry out the Business of the Partnership substantially in accordance with the prevailing standards of the real estate industry.

  • The Business of the Partnership shall be managed by the Managing Partner of the Partnership, until and unless replaced by TRT LLC in accordance with Section 6.15.

  • Except as expressly limited by or otherwise provided in the provisions of this Agreement (including, without limitation, Section 6.4), Managing Partner shall have the right and duty to manage the day-to-day Business of the Partnership and to implement all decisions made on behalf of the Partnership, Fee Owner or affecting the Properties by the Partners (as applicable), all in accordance with the terms hereof and such other rights and powers as are granted to Managing Partner hereunder.

  • In addition, each of the General Partner and the Limited Partners shall be reimbursed for its reasonable out of pocket costs in connection with the Business of the Partnership including, without limitation, fees paid to professionals and advisors and travel and lodging expenses.

  • The exercise of any such rights and powers will be deemed to relate to the basic structure of the Partnership and not the exercise of control over the Business of the Partnership.

  • He adds classifications such as position of the demonstrative vis-à-vis the noun and the position of numeral in relation to the noun.

  • All capital contributions shall be applied in furtherance of the Business of the Partnership.

  • The Partnership shall keep adequate books and records at its principal place of business or at such other location selected by the General Partner, setting forth a true and accurate account of all business transactions arising out of and in connection with the conduct of the Business of the Partnership.

  • Except as otherwise provided herein, the General Partner and its affiliates, and its (and its affiliates’), officers, directors, shareholders and employees, and each Limited Partner may, notwithstanding the existence of this Agreement, engage in whatever activities they choose, whether the same be competitive with the Business of the Partnership or otherwise, without having or incurring any obligation to offer any interest in such activities to any party hereto.

Related to Business of the Partnership

  • Business of the Company means any business or activity involved in grocery or general merchandise retailing and supply chain logistics, including but not limited to grocery distribution, business-to-business portal, retail support services and third-party logistics, of the type provided by the Company or its Affiliates, or presented in concept to you by the Company or its Affiliates at any time during your employment with the Company or any of its Affiliates.

  • Business of the Employer means the business conducted by the Employer, which is the business of commercial banking.

  • Business Partner means a legal entity that requires use of a Cloud Service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Partnership Group Member means any member of the Partnership Group.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Company IT Assets means any and all computers, computer software, source code, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines and all other information technology systems and equipment, and all associated documentation owned by the Company or any of its Subsidiaries or licensed or leased to the Company or any of its Subsidiaries (excluding any public networks).

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • railway property means any railway belonging to Network Rail and—

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Delaware Business Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

  • Operating Partnership has the meaning set forth in the preamble.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Company Business means the business of the Company as presently conducted.