Dissociated partner definition
Dissociated partner means a partner with respect to whom an event specified in ORS 67.220 has occurred.
Dissociated partner means a partner with respect to whom an event specified in ORS
Dissociated partner means any Partner who is removed from the Partnership through a voluntary or involuntary withdrawal as provided in this Agreement.
More Definitions of Dissociated partner
Dissociated partner means any Partner who is removed from the Partnership through a voluntary or involuntary withdrawal as provided in this Agreement. "Expulsion of a Partner" can occur on application by the Partnership or another Partner, where it has been determined that the Partner has engaged in wrongful conduct that adversely and materially affected the Partnership's business; has willfully or persistently committed a material breach of this Agreement or of a duty owed to the Partnership or to the other Partners; or has engaged in conduct relating to the Partnership's business that makes it not reasonably practicable to carry on the business with the Partner.
Dissociated partner means any Partner who is removed from the Partnership through a voluntary or involuntary withdrawal as provided in this Agreement. d. “Expulsion of a Partner” can occur on application by the Partnership or another Partner, where it has been determined that the Partner: i.
Dissociated partner means a Partner for whom an event of dissociation set forth in §14.01 hereof has occurred.
Dissociated partner means any Partner who is removed from the Partnership through a
Dissociated partner means a partner with re- spect to whom an event specified in ORS 67.220 has oc- curred.
Dissociated partner means any Partner who is removed from the Partnership through a voluntary or involuntary withdrawal as provided in this Agreement. d. “Expulsion of a Partner” can occur on application by the Partnership or another Partner, where it has been determined that the Partner: i. has engaged in wrongful conduct that adversely and materially affected the Partnership’s business; ii. has wilfully or persistently committed a material breach of this Agreement or of a duty owed to the Partnership or to the other Partners; or iii. has engaged in conduct relating to the Partnership’s business that makes it not reasonably practicable to carry on the business with the Partner. e. “Initial Capital Contribution” means Capital Contributions made by any Partner to acquire an interest in the Partnership. f. “Operation of Law” means rights or duties that are cast upon a party by the law, without any act or agreement on the part of the individual including, but not limited to, an assignment for the benefit of creditors, a divorce, or a bankruptcy. Miscellaneous 62. Time is of the essence in this Agreement. 63. This Agreement may be executed in counterpart. 64.