Partnership Policy Committee definition

Partnership Policy Committee means the committee that oversees management of the Partnership.
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Partnership Policy Committee means the committee consisting of one person appointed by each of NPNG, PBGC and NWBPC that was established pursuant to, and had the rights, powers and obligations specified in, Section 6.1 of the Original Agreement.
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Partnership Policy Committee has the meaning assigned to such term in Section 6.1.
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Examples of Partnership Policy Committee in a sentence

  • The Class B Units are evidenced by certificates in the form previously approved by the Partnership Policy Committee and, subject to the satisfaction of any applicable legal and regulatory requirements, may be assigned or transferred in a manner identical to the assignment and transfer of other Units.

  • The Class B Units will be evidenced by certificates in such form as the Partnership Policy Committee may approve and, subject to the satisfaction of any applicable legal and regulatory requirements, may be assigned or transferred in a manner identical to the assignment and transfer of other Units.

  • Purchaser shall have received the Audit Committee Approval and the approval of the Partnership Policy Committee of Northern Border Partners, L.P.

  • The Partnership Policy Committee hereby designates and creates a class of Units to be designed as "Class B Units" and consisting of a total of 36,494,126 Class B Units, and fixes the designations, preferences and relative, participating, optional or other special rights, power and duties of holders of the Class B Units as set forth in this Section 4.10.

  • Prior to the Effective Date, the Partnership Policy Committee designated and created a class of Units designated as “Class B Units” and consisting of a total of 36,494,126 Class B Units, and fixed the designations, preferences and relative, participating, optional or other special rights, power and duties of holders of the Class B Units as set forth in this Section 4.8.

  • Unless and until changed by the Partnership Policy Committee, the registered office of the Partnership in the State of Delaware shall be located at The Corporation Trust Center, 1209 Orange Street, New Castle County, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and the registered agent for service of process on the Partnership in the State of Delaware at such registered office shall be The Corporation Trust Company.

  • The Partnership Policy Committee in its sole discretion may change the name of the Partnership at any time and from time to time and shall notify the Limited Partners of such change in the next regular communication to Limited Partners.

  • The admission of any Person as an Additional Limited Partner shall become effective on the date upon which the name of such Person is recorded as such in the books and records of the Partnership, following the consent of the Partnership Policy Committee to such admission.

  • In no event shall any Person dealing with the Partnership Policy Committee or any such officer be obligated to ascertain that the terms of this Agreement have been complied with or to inquire into the necessity or expedience of any act or action of the Partnership Policy Committee or any such officer.

  • The Partnership may not sign an amendment or supplemental Indenture until the Partnership Policy Committee approves it.


More Definitions of Partnership Policy Committee

Partnership Policy Committee means the committee formerly consisting of three (3) persons, one of whom was appointed by each of NPNG, PBGC and NWBPC, which was established pursuant to, and had the rights, powers and obligations specified in, Section 6.1 of the Prior Agreement.
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