Electing Partner definition

Electing Partner has the meaning set forth in Section 8.01(f).
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Electing Partner shall have the meaning ascribed to such term in Subsection 3.1(d).
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Electing Partner shall have the meaning given to such term in Section 2.08(c) of the Partnership Agreement.
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Examples of Electing Partner in a sentence

  • Such election may be made by such executor by delivering to the General Partner within two hundred seventy (270) days of the death of such an Electing Partner a written notice setting forth the maximum deficit balance in his Capital Account that such executor agrees to restore under Section 13.4(a), if any.

  • In any Newmark Exchange for shares of Newmark Common Stock or cash, Newmark shall pay any documentary, stamp or similar issue or transfer tax due on the issue of the Newmark Common Stock upon such Newmark Exchange; provided that the Electing Partner shall pay any such tax that is due because such Electing Partner requests the shares of Newmark Common Stock to be issued in a name other than the holder’s name or cash to be paid to a Person other than the holder.

  • If a Purchase Notice has been given under clause (ii) above, the Electing Partner and the Terminated Partner shall attempt to agree upon the Buy-Out Price of the Terminated Partner's interest in the Partnership.

  • Newmark may refuse to deliver the certificate representing Newmark Common Stock being transferred to a Person other than the Electing Partner until Newmark receives a sum sufficient to pay any such tax that will be due because the shares or cash are to be transferred to a Person other than the Electing Partner.

  • If such agreement is not reached within thirty (30) days after the notice of election is given, the Terminated Partner, on the one hand, and the Electing Partner, on the other hand, shall each, within ten (10) additional days, appoint an M.A.I. accredited appraiser by notice to the others.

  • If any such amounts owed to the Partnership have not yet been liquidated, the Electing Partner shall be entitled to establish reasonable reserves therefor and such payments to the Withdrawing Partner shall be net of such reserves until such liquidation has occurred.

  • The Electing Partner shall indemnify the Withdrawing Partner from and against all claims and liabilities reflected on the books of the Partnership or otherwise taken into account in calculating the net fair market value of the Withdrawing Partner’s interest in the Partnership, and also such other claims and liabilities of the Partnership which at the time the net fair market value of the Withdrawing Partner’s interest is determined are known by the Electing Partner.

  • BGC Partners may refuse to deliver the certificate representing BGC Partners Common Stock being transferred to a Person other than the Electing Partner until BGC Partners receives a sum sufficient to pay any such tax that will be due because the shares or cash are to be transferred to a Person other than the Electing Partner.

  • The aggregate Capital Account of the Electing Partner in such Partner’s remaining Units shall be reduced by an equivalent amount.

  • The remaining provisions of this Section 27 apply if an Electing Partner gives an Election Notice and in such case such provisions shall be in lieu of any other rights of a dissociated Partner to have its interest in the Partnership purchased pursuant to the provisions of the Florida Revised Uniform Partnership Act or any successor statute.


More Definitions of Electing Partner

Electing Partner shall have the meaning set forth in Section 14.4.4.
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Electing Partner has the meaning provided in Section 12.4(b).
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Electing Partner shall have the meaning attributed to it in Section 14.2.
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Electing Partner shall have the meaning set forth in Section 8.2.1 hereof.
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Electing Partner shall have the meaning ascribed to such term in Subsection 3.1(d). “Evaluation Material” shall have the meaning ascribed to such term in Subsection 6.4(i). “Event of Withdrawal” shall have the meaning ascribed to such term in Subsection 11.1(b).
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Electing Partner has the meaning set forth in Section 13.10A.
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Related to Electing Partner

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Consenting working interest owner means any working interest owner who enters into an agreement with SWN pertaining to the operation of the Posey B Unit.

  • Exchanging Partner has the meaning provided in Section 8.05(a) hereof.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Non-Managing Member means any Member other than the Managing Member.

  • 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.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Trading Partner means any external computer interoperating with a Licensed Component through one or more protocols, one or more networks, or one or more adapters;

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

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

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Alliance Partner means "Flatworld Trading Pvt Ltd ", who has entered into an alliance agreement with Axis Bank for purpose of providing the Offer.

  • Designating Party has the meaning set forth in Section 12.22.3.

  • Contributing Partner means each Partner contributing (or deemed to have contributed on termination and reconstitution of the Partnership pursuant to Section 708 of the Code or otherwise) a Contributed Property.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.