Designate Partner definition

Designate Partner means any partner designated as such.
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Designate Partner means any partner designated as such. “LLP” means the limited liability partnership registered under LLP law. “LLP Agreement” means an agreement (expressed or implied)- (a) Between the partnership; or (b)partnership and its partners, This determines the rights and obligations of partners and their rights and duties in relation to the partnership “Partner” means that anyone who has been admitted as a person who has been admitted as a partner in the partnership in accordance with this agreement. 1. Business The partnership activity is CONDUCTING BUSINESS AS ADVOCATES until and unless the changes mutually agreed by all partners for the time of the LP. 2. Name The name in which the partnership activity is carried out will be the one allowed by the Registrar by the three names proposed by the mutual agreement of the parties. 3. Place of work proposed The partnership activity is carried out at the following address: X.X. XXX 00-00000 XXXXXXX, XXXXX. City: MAGUNGA County: HOMA-BAY KRA Pin No. A20000001J Phone: 00000000000 Fax: 000 000000 E-mail address: xxxxxxxx@xxxxxx.xxx As the main place of activity and in another place or places such as partners must, from time to time, agree unanimously on 0.xx LLP The Partnership begins on the date of registration of the LLP, and will continue to operate following the provisions of the LLP law, 2011, until the termination of this agreement with the consent of all partners for the moment of the LLP. 5. LLP Capital, Contribute by partners, responsibilities and ownership of partnerships (1). The capital of the Partnership is the sum of Kshs 750.000 brought in cash / the value of money of any property or services agreed by all partners for the time of the LLP. All partners of a limited-responsibility partnership are entitled to share the capital and profits of the partnership equally. (2) The responsibility of a partner will be equal to the partner's capital contribution. Due to limited liability, the LLP is exclusively obliged to a problem arising from the contract and the tort. Individual partners cannot be held responsible for wrongful acts of another partner. Debts are payable by LLP property, not owned by individual partners. Individual responsibility only takes personal responsibility if they engage in a tort for an incorrect act or omissions, for example professional negligence. A partner assumes joint responsibility if he engages in an incorrect act or omission: During LLP business. With the LLP authority. The LLP is re...
Sample 1
Designate Partner means any partner designated as such. “LLP” means the limited liability partnership registered under the LLP Act. “LLP Agreement” means an agreement (expressed or implied)- a) Between the partnership; or b) Between the partnership and its partners, That determines the mutual rights and duties of the partners and their rights and duties in relation to the partnership “Partner” means any person who has been admitted as a person who has been admitted as a partner in the partnership in accordance with this agreement. 1. Business The Partnership business shall be CONDUCTING BUSINESS AS ADVOCATES until and unless changes as mutually agreed upon by all the partners for the time being of the LLP. 2. Name The name under which the Partnership business shall be carried on will be the one permitted by the Registrar out of the three names proposed by mutual agreement of the Parties hereto. 3. Proposed Place of Business The Partnership business shall be carried on at the address given below: X.X. XXX 00-00000 XXXXXXX, XXXXX. City: MAGUNGA County: HOMA-BAY KRA Pin No. A20000001J Phone: 00000000000
Sample 1

Examples of Designate Partner in a sentence

  • It is also noted that a large number of LLPs are not filing their due statutory documents (i.e. Information with regard to LLP agreement and changes etc., Notice of Appointment of Partner/ Designate Partner etc.

  • The Designate Partner (Tallaght Partnership) was administratively responsible for project implementation.


More Definitions of Designate Partner

Designate Partner means any partner designated as such. “LLP” means the limited liability partnership formed pursuant to this LLP Agreement. “LLP Agreement” means this Agreement or any supplement thereof determining the mutual rights and duties of the partners and their rights and duties in relation to the LLP. “Partner” means any person who becomes a partner in the LLP in accordance with this LLP Agreement. “She” includes “he” or vice versa. 1. Business - The Partnership business shall be until and unless changes as mutually agreed upon by all the partners for the time being of the LLP. 2. Name- The name under which the Partnership business shall be carried on will be the one permitted by the Registrar out of the three names proposed by mutual agreement of the Parties hereto.
Sample 1
Designate Partner means any partner designated as such. “LLP” means the limited liability partnership registered under the LLP Act. “LLP Agreement” means an agreement (expressed or implied)- a) Between the partnership; or b) Between the partnership and its partners, That determines the mutual rights and duties of the partners and their rights and duties in relation to the partnership “Partner” means any person who has been admitted as a person who has been admitted as a partner in the partnership in accordance with this agreement. 1. Business The Partnership business shall be CONDUCTING BUSINESS AS ADVOCATES until and unless changes as mutually agreed upon by all the partners for the time being of the LLP. 2. Name The name under which the Partnership business shall be carried on will be the one permitted by the Registrar out of the three names proposed by mutual agreement of the Parties hereto. 3. Proposed Place of Business The Partnership business shall be carried on at the address given below: P.O. BOX 52-40307 MAGUNGA, KENYA. City: MAGUNGA County: HOMA-BAY KRA Pin No. A20000001J Phone: 00000000000
Sample 1

Related to Designate Partner

  • Eligible Member means an employee who is enrolled in one of the designated benefits plans for which you offer participation in the wellness incentive program prior to the end of the first six months of the policy year and who remains enrolled in one of the designated benefits plans at the end of the policy year. Eligible Member also means the employee’s dependents to the extent that dependents are eligible to participate in the Blue Cross and Blue Shield wellness incentive program.) To qualify for a group wellness incentive award, you must meet the following program participation conditions: • You are a group eligible to offer the program as determined by Blue Cross and Blue Shield; and • You elect to offer the Blue Cross and Blue Shield wellness incentive program to your Members who are eligible to participate in the program at the start of your policy year and you continue the program for eligible Members through the end of the policy year; and • At least 20% of your Members who are eligible for the program must participate in the program during the policy year in which you offer the wellness incentive program; and • This Agreement is not be terminated before the end of the policy year in which you offer the wellness incentive program. When you offer a Blue Cross and Blue Shield wellness incentive program, Blue Cross and Blue Shield will determine if you qualify for a group incentive award within 90 days after the end of the policy year. Your group wellness incentive award will be calculated as a percentage of the total medical insurance premium you paid for the policy year for benefits plans for which you offer wellness incentive program participation, excluding any premium payments that are received by Blue Cross and Blue Shield after the end of the policy year. The percentage used to calculate your wellness incentive award will vary depending on how many of your eligible Members participate in the program during the policy year as follows: 1.25% when 20% to 49% of eligible Members participate; or 2.5% when 50% to 79% of eligible Members participate; or 7.5% when 80% to 100% of eligible Members participate. For the purpose of calculating your group wellness incentive award, an eligible Member who earns his or her individual maximum member wellness incentive payment in the policy year is considered to have participated in the program for that policy year. If you qualify for a group incentive award, Blue Cross and Blue Shield will issue the incentive amount to you (by means of a credit and/or a check) once the incentive amount has been calculated. You are solely responsible for determining whether you have any obligation to distribute all or part of your group wellness incentive award to your employees, or to credit a portion of your group wellness incentive award toward their benefits, or otherwise to notify them of your group wellness incentive award. You agree to indemnify and hold Blue Cross and Blue Shield harmless from any and all actions that may be brought against you or Blue Cross and Blue Shield due to your failure to provide any required distribution of, credit, or notification about, your group wellness incentive award to your employees.

  • Domestic Partner means an opposite or a same-sex partner who is at least 18 years of age and has met all of the following requirements for at least 6 months:

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Co-opted Member means a person who is not a member of the authority but who-

  • General Partner has the meaning set forth in the Preamble.