Examples of Partner Contribution in a sentence
Upon the occurrence of a Rescission Event that has not been cured, regardless of the time period set forth in Section 5.1(a), the Operating Company shall have the right, but not the obligation, to rescind the Partnership Contribution, the General Partner Contribution and the TRMC Contribution by providing written notice to TRMC.
The Partnership hereby grants, contributes and bargains, and shall by means of the execution of a Deed of Transfer convey, assign, transfer, set over and deliver to VTTI Holdings, all right, title and interest in and to the Partnership Contribution Interest and the General Partner Contribution Interest, as a capital contribution.
The Partnership hereby accepts such General Partner Contribution Interest as a contribution to the capital of the Partnership (the “Second Partnership Contribution”).
VTTI Holdings hereby accepts such Partnership Contribution Interest and General Partner Contribution Interest as a contribution to the capital of VTTI Holdings.
Xxxx Txxxxx Title: President EXHIBIT A Agreed Value of Special Special Cash Capital Partnership Partnership Percentage Percentage Partner Contribution Contribution Units Units Interest Interest GENERAL PARTNER: REITPlus, Inc.
Where CEPI funding or the Partner Contribution is used to fund specific Development activities as part of the Project, any amendment, expansion, alteration or refinement to the IPDP affecting the Work Packages must be agreed in writing by the JMAG and any corresponding amendments to any Work Package Statement must also be agreed in writing by the Parties.
CEPI shall bear the cost of the audit unless the Partner is shown to have breached a material obligation of this Agreement, have misapplied CEPI funding or overstated the Partner Contribution.
The General Partner hereby grants, contributes and bargains, and shall, by means of the execution of a Deed of Transfer, convey, assign, transfer, set over and deliver to the Partnership, all right, title and interest in and to the General Partner Contribution Interest, as a capital contribution, in exchange for General Partner Units representing a continuation of its 2.0% general partner interest in the Partnership.
The Partner shall ensure that the control of expenditure of the CEPI funding and the Partner Contribution are governed by the normal standards, procedures and formal audit arrangements that exist in the Partner.
Dated: October 7, 1996 SCHEDULE II CAPITAL CONTRIBUTIONS PRIOR TO APRIL 17, 1996 Partner Contribution Percentage Interest ------- ------------ ------------------- Xxxxx Hotels & Casino $ 140,933,338 60.15936% general Resorts, Inc.