Partnership at will definition

Partnership at will means a partnership in which the partners have not agreed to remain partners until the expiration of a definite term or the completion of a particular undertaking.
Partnership at will means a partnership in which the partners have not agreed to
Partnership at will means a partnership that is not a partnership for a definite term or particular undertaking.

Examples of Partnership at will in a sentence

  • Nothing contained in this Section 6.02 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal, or otherwise) or to exonerate any Partner from liability to the Partnership and the remaining Partners if he or it dissolves the Partnership at will.

  • Except as expressly provided, nothing contained in this Section 6.02 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal, or otherwise) or to exonerate any Partner from liability to the Partnership and the remaining Partners if he or it dissolves the Partnership at will.

  • Nothing contained in this Section 14.1 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if it dissolves the Partnership at will.

  • Nothing contained in this Section 15.1 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if it dissolves the Partnership at will.

  • Nothing contained in this Section 12 is intended to grant any Partner the right to dissolve the Partnership at will (by retirement, dissolution, resignation, withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if such Partner acts in contravention hereof.

  • Nothing contained in this Section 7.1 is intended to grant to any Partner the right to dissolve the Partnership at will (by withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if it dissolves the Partnership at will.

  • Nothing contained in this Section 9.1 is intended to grant to a Partner the right to cause the winding-up of the Partnership at will (by retirement, resignation, withdrawal, or otherwise), or to exonerate a Partner from liability to the Partnership and the remaining Partners if that Partner causes the winding-up of the Partnership at will.

  • Nothing contained in this Section 13.1 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if it dissolves the Partnership at will.

  • Nothing contained in this Section 9.1 is intended to grant to a Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal or otherwise), or to exonerate a Partner from liability to the Partnership and the remaining Partners if that Partner dissolves the Partnership at will.

  • Nothing contained in this Section 14.01 is intended to grant to any Partner the right to dissolve the Partnership at will (by retirement, resignation, withdrawal or otherwise), or to exonerate any Partner from liability to the Partnership and the remaining Partners if it dissolves the Partnership at will.


More Definitions of Partnership at will

Partnership at will means a partnership in which the partners
Partnership at will means a partnership in
Partnership at will means a part- nership in which the partners have not agreed to remain partners until the expira- tion of a definite term or the completion of a particular undertaking.
Partnership at will means a partnership in which the partners have not
Partnership at will means a partnership in which the 405

Related to Partnership at will

  • Limited Partnership Agreement means that Amended and Restated Agreement of Limited Partnership of Borrower of even date herewith.

  • MLP Partnership Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, dated as of February 14, 2007, as amended or restated from time to time.