Major Partner definition

Major Partner means a partner having (together with its affiliates) a Partnership Interest at least equal to 25 percent.
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Major Partner means a Private Entity that has an ownership interest in excess of 25%
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Major Partner means, with respect to a limited liability company or joint venture, each firm, business organization or person that has an ownership interest therein in excess of five percent, un- less the department has provided an alternate definition that applies only to a specific project or series of projects;
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Examples of Major Partner in a sentence

  • The minutes of such meeting, which shall be prepared by a Partner designated at such meeting, shall be, when signed by each Major Partner, the official record of the decisions made by the Executive Committee and shall be binding on the Partners.

  • If all or part of a Partnership Interest is transferred, the transferor and transferee shall agree on the method of selection of the members previously appointed by such transferor, except that each Major Partner shall have the right to appoint at least one such member.

  • The transferring Partner and the transferee shall bear all tax consequences and shall reimburse all other reasonable out-of-pocket expenses of any Major Partner in connection with the transfer and the transferee, as of the effective date of the transfer, shall have agreed in writing in a form satisfactory to the other Partners to be bound by this Agreement (including this Article XI) to the same extent as the transferring Partner.

  • Sponsorship Benefits for the City There are considerable brand and profile benefits to be gained from a partnership with the Association and being recognised as the Naming Rights partner for the domestic competition, Gold Major Partner for the NBL1 competition and host City support partner for the Under 16 Australian National Championships.

  • Remittances by Major Partner Countries, Money Transfers by Countries,” National Bank of Georgia, available at [http://nbg.gov.ge/index.php?m=306&lng=eng].

  • Except as otherwise provided herein, capital, whether cash or property, may not be distributed by or withdrawn from the Partnership without the consent of each Major Partner.

  • Except as otherwise provided herein, capital, ------- whether cash or property, may not be distributed by or withdrawn from the Partnership without the consent of each Major Partner.

  • The report of the Museums Manager and Culture Lead was submitted advising Members on RAMM’s digital roadmap for the period 2015-18, this timescale having being set by RAMM’s Major Partner in Museum Funding (in partnership with Plymouth Museum & Art Gallery) and from the Arts Council England (ACE).

  • There is a perception that if it is in the best interests for a museum previously in receipt of Major Partner Museum funding as part of a consortia to receive more money as an organisation in its own right, this partnership would be lost.

  • Whereas the integration of National portfolio and Major Partner Museums budget is perceived to be providing more “potential” funding, there is no outlined allocation for greater money available in Grants for the Arts, which is a concern for much of the sector.


More Definitions of Major Partner

Major Partner means, with respect to a limited lia- bility company or joint venture, each firm, business organiza-
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Major Partner means, with respect to a limited lia- bility company or joint venture, each firm, business organiza- tion or person that has an ownership interest therein in excess of five percent, unless the department has provided an alter- nate definition that applies only to a specific project or series of projects;
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Major Partner means a Private Entity that has an ownership interest in excess of 25% in a Managing Entity, Ownership Entity, or Major Subcontractor, as applicable.
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Major Partner means, with respect to a limited liability company or joint venture, each firm, business organization or person that has an ownership interest therein in excess of 5%.
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Related to Major Partner

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

  • Spouse or partner means a person (including same sex partners) who lives with the principal policy holder in a marital or de facto relationship.

  • 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.

  • 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.

  • Business Partner means a legal entity that requires use of a Cloud Service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • Co-licensed partner means a person who, with at least one other person, has the right to engage in

  • Founding Member means any individual who is either:

  • 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.

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.

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

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

  • 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.

  • Consortium Member means a company specified in Recital (B) as a member of the Consortium;}