Designated Partners definition

Designated Partners means, collectively, (i) the General Partner and each of its wholly-owned Subsidiaries that owns Partnership Common Units, (ii) any Controlled Entities of Second City that own Partnership Common Units and (iii) Second City, to the extent of its ownership of Partnership Common Units.

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Designated Partners means the companies that have implemented the Service on their websites and/or platforms for their users’/customers’ log in procedures on such websites/platforms;

Designated Partners means one or more of the Partners specified in a written notice delivered by the Purchaser to the Partners at least five Business Days prior to the Closing Date.

Examples of Designated Partners in a sentence

• Designated Partner(s) (Rubber stamp of the LLP should be affixed) Registered Office Address of LLP 1.

• HASCO shall at all times act in good faith, and agrees to use due care and its best efforts within reasonable limits to insure the accuracy of all services performed under this Agreement, but assumes no responsibility and shall not be liable for loss or damage due to errors unless said errors are caused by its negligence, bad faith, or willful misconduct or that of its employees, agents or subcontractors and its Designated Partners and TPAs.

• HASCO, its agents and subcontractors (excluding Designated Partners and TPAs) shall also be protected and indemnified in recognizing stock certificates which are reasonably believed to bear the proper manual of facsimile signatures of the officer or officers of the Funds, and the proper countersignature of any former transfer agent or registrar, or of a co-transfer agent or co-registrar.

• Loan by the LLP Authority of Designated Partners The authority of the designated partners shall flow to them in any of the following manner: Authority vested in or responsibility cast on them under the LLP Act, 2008 or any rules made thereunder.

• Audit Fee The fee to be paid to the auditor shall be collectively decided by the Designated Partner(s), subject to such restrictions as may be considered appropriate by the partners.

• The LLP shall have at least two Designated Partners at all times after its incorporation and the majority of the designated partners shall be resident of India.

• This right shall be exercisable for a period of 30 days after the Designated Partner's right to purchase has terminated.

• The Designated Partners shall be responsible for the doing of all acts arising out of this agreement.

• The following shall be first Designated Partners of the LLP: A new partner may be introduced with the consent of all the partners on such terms and conditions as the partners may agree with the person to be introduced as a partner in the LLP.

• It shall be the responsibility of the Designated Partners of the LLP to comply with Rule 24 of the said Rules in every respect.

More Definitions of Designated Partners

Designated Partners mean the Partner(s) whose name are set forth in the Annexure II to this agreement and include any Partner designated as such pursuant to the provisions of this LLP Agreement, and who has given his consent to act as such to the Registrar in the prescribed form;