Partnership Bank Account definition

Partnership Bank Account means the bank account designated as such by the Partnership pursuant to the Funding Notice.
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Partnership Bank Account has the meaning assigned to such term in the recitals.
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Partnership Bank Account means the following bank account for the Partnership: Citizens Bank; ABA No.: 000-000-000; Account No.: 6202049875; Beneficiary: Commerce Square Partners – Philadelphia Plaza, LP.
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Examples of Partnership Bank Account in a sentence

  • On the Effective Date, the BOP Parties shall contribute by wire transfer to the Partnership Bank Account an Initial Capital Contribution of Two Million Five Hundred Thousand Dollars ($2,500,000) (“BOP Initial Capital Contribution”).

  • BDN shall contribute its proportionate share of the Restricted Cash Payment by wire transfer to the Partnership Bank Account on or before the 10th Business Day after such notice from the General Partner or such later date specified in the notice.

  • The General Partner agrees that all monies received by it in respect of the Business shall be deposited by it into the Partnership Bank Account.

  • The Partnership will complete the issuance and sale of Common Units pursuant to the Common Unit Purchase Agreement (the “Partnership Common Unit Offering”), the net proceeds of which (the “Issuance Proceeds”) shall be deposited into the Partnership Bank Account.

  • All disbursements of the Business of the Partnership shall be made by cheque drawn against the Partnership Bank Account.

  • The General Partner may invest any excess funds from time to time on deposit in the Partnership Bank Account as provided in paragraph 5.02(k).

  • Pursuant to the Special Master’s Order of May 13, 2019, on May 28, 2019 Yusuf filed his Revised Opposition to Hamed’s Motion and Memorandum for Summary Judgment Re Claim H- 2 – $2.78 Million Unilateral Withdrawal from the Partnership Bank Account.

  • A Partner shall pay an amount equal to 100% of its Capital Commitment in cash by remittance to the Partnership Bank Account no later than the date as designated by the Operating Partner in writing within 20 days from the Effective Date (the “Initial Closing Date”).

  • The Cash Consideration shall be paid first from the Debt Proceeds and then from the Issuance Proceeds in the Partnership Bank Account.


More Definitions of Partnership Bank Account

Partnership Bank Account means the bank account designated as such by the Partnership pursuant to the Funding Notice. “Partnership Documents” means (a) the Credit Agreement and (b) all other contracts, indentures, mortgages, deeds of trust,loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, swap agreements, leases or other instruments oragreements to which any of the Partnership Entities is a party or by which any of the Partnership Entities is bound or to which any of the property or assets of the Partnership Entities is subject that, solely in the case of this clause (b), are material with respect to the Partnership Entities taken as a whole.
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Related to Partnership Bank Account

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Virginia venture capital account means an investment fund that has been certified by the

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Local fund means any of the local retirement funds for

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Single member limited liability company means a limited liability company that has one direct member.

  • General Fund means the Fund so designated and established by Article V hereof.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Professional limited liability company means a limited

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.