Managing Person with respect to any Person that is (i) a corporation, its board of directors, (ii) a limited liability company, its board of control, managing member or members, (iii) a limited partnership, its general partner, (iv) a general partnership or a limited liability partnership, its managing partner or executive committee or (v) any other Person, the managing body thereof or other Person analogous to the foregoing.
Managing Person. Any of the following: (a) Fund officers, agents, consultants or Affiliates, the Manager and (b) any directors, trustees, officers, agents or Affiliates of any organizations named in (a), above, when acting on behalf of the Fund.
Managing Person means, with respect to any Person that is (i) a corporation, its board of directors, (ii) a limited liability company, its board of control, managing member or members, (iii) a limited partnership, its general partner, (iv) a general partnership or a limited liability partnership, its managing partner or executive committee or (v) any other Person, the managing body thereof or other Person analogous to the foregoing.
Examples of Managing Person in a sentence
Nothing in this Section 3.3, however, shall limit or supersede any contractual or other defenses a Managing Person may have against the Fund or a Shareholder.
Its construction of the same and any action taken pursuant thereto by the Fund or a Managing Person in good faith shall be final and conclusive.
Neither the Manager nor any other Managing Person shall be required or shall have any personal liability to fund any or all of any negative Capital Account of any Investor, including without limitation Investor Capital Contributions.
No Managing Person shall be liable to any person other than the Fund or a Shareholder for any obligation of the Fund.
No Managing Person shall have liability to the Fund or to any Shareholder for any loss suffered by the Fund that arises out of any action or inaction of the Managing Person if the Managing Person, in good faith, determined that such course of conduct was in the Fund's best interest and such course of conduct did not constitute bad faith, gross negligence or willful misconduct of such Managing Person.
More Definitions of Managing Person
Managing Person means a Manager, officer, director, or their agents.
Managing Person means, with respect to any Person that is (i) a corporation, its board of directors, (ii) a limited liability company, its board of managers, managing member or members, (iii) a limited partnership, its general partner, (iv) a general partnership or a limited liability partnership, its managing partner or executive committee or (v) any other Person, the managing body thereof or other Person analogous to the foregoing.
Managing Person means with respect to (i) each of the Subsidiary Borrowers, The ONE Group, and (ii) The ONE Group, The ONE Group Hospitality.
Managing Person means with respect to (i) each of the Subsidiary Borrowers, The ONE Group, and (ii) The ONE Group, the Guarantor.
Managing Person means a member of the management board, and in the case of an entity without a management board, means a person responsible for managing such entity, who is not reporting to another person, provided that in the case of a hybrid payment institution or a hybrid electronic money institution means an appropriate member of the management board or a person responsible for managing a business activity of such institution, respectively, in the scope of payment service or electronic money issue, and in the case of a hybrid small payment institution or a hybrid payment service bureau means an appropriate member of the management board or a person responsible for managing a business activity of such small payment institution or such payment service bureau, respectively, in the scope of payment services;
Managing Person has the meaning ascribed thereto in Section 5.2.
Managing Person. Any of the following: (a) Fund officers, agents, consultants or Affiliates, the Manager and (b) any directors, trustees, officers, agents or Affiliates of any organizations named in (a), above, when acting on behalf of the Fund. "Manager"- Ridgewood Energy Corporation and any successor, substitute or different Manager under this Agreement. "Memorandum"---The Confidential Memorandum dated February 16, 2005 of the Fund, as the same may be amended or supplemented from time to time. "1940 Act"---The federal Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder. "Non-recourse Deductions"---Shall have the meaning set forth in Regulations Section 1.704-2(b)(1) and 1.704-2(c). "Non-recourse Liability"--- Shall have the meaning set forth in Regulations Section 1.752-1(a)(2). "Natural Gas Projects" --- The natural gas projects acquired and developed by the Fund. "Partnership Minimum Gain" --- Shall have the meaning set forth in Regulations Section 1.704-(2)(b)(2) and 1.704-2(d). "Placement Agent"---Ridgewood Securities Corporation, a Delaware corporation, or any successor. "Profits" or "Losses"---For a given fiscal period, an amount equal to the taxable income or loss for such period, determined in accordance with Code Section 703 (a) (for this purpose, all items of income, gain, expense, loss, deduction or credit required to be stated separately pursuant to Code Section 703 (a)(1) shall be included in taxable income or loss), with the following adjustments: