Partnership Funds definition

Partnership Funds. The Partnership's funds will be deposited in bank accounts or invested in such interest-bearing or non interest-bearing investments designated by the General Partner. Idle funds may be invested, in the General Partner's discretion, in liquid investments with an average maturity of less than six months, including U.S. Government obligations, money market accounts, certificates of deposit, commercial paper rated no lower than “A-1,” municipal bonds and repurchase agreements. The Partnership's funds will be held in the name of the Partnership and shall not be commingled with those of any other Person.
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Partnership Funds has the meaning given in Section 11.4.3.
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Partnership Funds means the amounts paid by the Partnership to Cetus under the Development Contract.
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Examples of Partnership Funds in a sentence

  • Custody Of Partnership Funds; Bank Accounts..........................................................

  • SUBSCRIPTIONS AND FURTHER CAPITAL CONTRIBUTIONS 3.01 Designation of Managing General Partner and Participants 11 3.02 Participants 11 3.03 Subscriptions to the Partnership 11 3.04 Capital Contributions of the Managing General Partner 13 3.05 Payment of Subscriptions 14 3.06 Partnership Funds 14 IV.

  • Payment shall be within 30 Business Days of receipt by the Purchaser of its share of Partnership Funds to an account that has been designated by the Vendor to the Purchaser.

  • Distribution of Partnership Funds Net cash from operations and net proceeds from sales will be distributed from time to time at the discretion of the General Partner, 99% to the Limited Partners and 1% to the General Partner until each Limited Partner has received an amount equal to an 8% cumulative annual return on his adjusted capital value, as defined in the Partnership Agreement, plus an amount equal to 100% of his adjusted capital value.

  • Detail of the project cost and contribution breakdown by the partner and Partnership Funds and where appropriate RTO7 funds.

  • Rosewood Hotels & Resorts Whitehall Street Real Estate Limited Partnership Funds Host Marriott Hotels & Resorts Hilton Group, PLC Fairmont Hotels & Resorts The Blackstone Group, ▇▇ ▇▇▇▇▇▇▇▇, Kravis and ▇▇▇▇▇▇▇ Millenium and Copthorne Hotels, PLC MeriStar Hotels LaSalle Hotel Properties Marriott International, Inc.

  • Custody of Partnership Funds; Bank Accounts.......................

  • Custody of Partnership Funds; Bank Accounts.................................................

  • SUBSCRIPTIONS AND FURTHER CAPITAL CONTRIBUTIONS 3.01 Designation of Managing General Partner and Participants 11 3.02 Participants 11 3.03 Subscriptions to the Partnership 11 3.04 Capital Contributions of the Managing General Partner 13 3.05 Payment of Subscriptions 13 3.06 Partnership Funds 14 IV.

  • The Partnership Funds except to the extent that Buyer has received a Purchase Price Adjustment therefor as contemplated in Section 14.3.


More Definitions of Partnership Funds

Partnership Funds. All partnership funds shall be deposited in the ---------------------- partnership's name and shall be subject to withdrawal on the signature of any partner, acting alone. The Partnership's bank account shall be maintained at the Security Pacific National Bank, or at such other bank as the partners shall determine.
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Related to Partnership Funds

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

  • 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 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.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.