Contributing Partners definition
Examples of Contributing Partners in a sentence
Each issuance must be authorized by unanimous vote of all Contributing Partners.
The issuance in April 2013 reflected the remaining amount of the designated partnership interest of the Contributing Partners.
Upon the Closing Date, assuming the satisfaction of or waiver of all conditions set forth in Article IV hereof, all of the Contributing Partner's right, title and interest in and to the Limited Partner Interests will be transferred to the Partnership.
Effective as of the Closing Date, each Contributing Partner shall grant, assign, transfer, convey and deliver to the Partnership, all of such Contributing Partner's right, title and interest in and to 100% of such Contributing Partner's Partnership Interest in the Partnership(s) free and clear of all liens, encumbrances, security interests and competing claims.
The obligation of the Contributing Partners to consummate the transactions contemplated hereby are subject to the satisfaction, as of the Closing Date, the following condition, which may be waived in whole or in part by the Contributing Partners prior to closing.