Partnership Group definition
Examples of Partnership Group in a sentence
Without limiting the foregoing, there shall be no duplication of management fees, management fee offsets, recalls of distributions or general partner giveback obligations among the entities that comprise the Partnership Group.
The Special Profit Interest giveback obligations pursuant to Section 9.4(d), and the corresponding giveback obligations of similarly situated partners or participants in the other Partnership Group members, shall be computed separately with respect to each Person comprising the Partnership Group.
To address these, SSAB has a Partnership Group and also Sub Committees to take forward specific work streams.
The Partnership Group and the Sub Committees will be reviewed each year, or as required, in terms of: • Number (Sub Committees) • Composition (Partnership Group & Sub Committees) • Remit (Partnership Group & Sub Committees) Such a review will be identified within the Board’s Annual Planning Cycle.
The Terms of Reference of the Partnership Group are set out in Annex 5.