Examples of Buying Partner in a sentence
The offer shall provide that the Buying Partner may purchase the Partnership Interest of the Selling Partner at the same price and on the same terms and conditions as the proposed sale described in the offer.
Upon signing this agreement, the Buying Partner agrees to pay Broker of record a non-refundable fee of $ [unintelligible, $8,400.00?] - this fee is not a security deposit, or a down payment.
The Buying Partner acknowledges that they have examined and inspected the Boat and have had the opportunity to have additional examinations, inspections, and/or surveys [unintelligible, done?] to the Boat.
If the Buying Partner and such other Non-Managing Partner cannot agree upon a Transfer Price within sixty (60) days after the notice referred to in the first sentence of this Section 11.02, either the IMC Partner or the FRP Partner may, by notice to the other, invoke the Appraisal Procedure.
A Partner electing to purchase such Partnership Interests (the "Buying Partner" or "Buying Partners") shall, within the Partner Option Period, deliver a written notice to the Partnership and the Selling Partner specifying the portion of the available Partnership Interests such Buying Partner desires to purchase.
If only one of the IMC Partner or the FRP Partner gives the notice referred to in the preceding sentence (the "Buying Partner"), the Buying Partner shall have the right and the obligation to purchase all, but not less than all, of such other Non-Managing Partner's Partnership Interest and the Managing Partner's Partnership Interest at the aggregate Transfer Price therefor.
In the event the Partner receiving the Buy-Sell Notice fails to respond within such 60-day period, then the Partner who gave the Buy-Sell Notice shall be the Buying Partner.
The business organization's basis in the assets will equal the partnership's basis in one half of the assets before the sale of the partnership interest plus the consideration paid by the Buying Partner for the partnership interest.
This replacement of basis with the consideration paid occurs because the Buying Partner is deemed to have purchased those assets from the Selling Partner even though what was actually purchased was a 50% interest in the partnership.
In this section, we present ESDTA scheme to overcome themain challenging issues of IOMT such as secure data col- lection, aggregation, and transmission.