Non-Affiliated Partner definition
Non-Affiliated Partner means, with respect to any Affiliate Agreement, any Partner that is not (or whose Partner Related Party is not) the counterparty to the Affiliate Agreement.
Non-Affiliated Partner shall have the meaning set forth in Section 10.12(b) hereof.
Non-Affiliated Partner means a Limited Partner which is not an Affiliate of the General Partner, the Management Company or any of the Principals.
Examples of Non-Affiliated Partner in a sentence
Before any such Transfer is accomplished, the Partner desiring to Transfer its Partnership Interest shall be required, upon request of the Partner not Affiliated with the Partner desiring to Transfer ("NonAffiliated Partner"), to present to the NonAffiliated Partner an opinion of reputable tax counsel, in form and substance acceptable to the NonAffiliated Partner, that the contemplated Transfer will not result in a termination of the Company for federal income tax purposes.