Examples of Private Limited Partners in a sentence
Schedule A attached to this Agreement will be amended to reflect such Additional Private Limited Partner's name, address and Commitment (or the increase in the Private Limited Partner's Commitment, as the case may be).
Upon the death, disability or other event which causes [name of principal] to cease to be actively involved in the affairs and activities of the Partnership (a “Key Person Event”), the General Partner will promptly notify SBA and the Private Limited Partners that a Key Person Event has occurred and the investment activities of the Partnership will be automatically suspended for up to [180] days.
The General Partner will give the Private Limited Partners notice before each such payment is due.
Distributions of Noncash Assets in kind before the dissolution of the Partnership will be made only (i) if the Noncash Assets are Distributable Securities or (ii) with the prior approval of ________ percent (__%) in interest of the Private Limited Partners.
The General Partner will give the Private Limited Partners written notice of the amount and due date of the initial capital contribution.
Such notice shall be given at least _____ (__) days before the date on which such capital contribution is due.33 After the date of the initial capital contribution, the Private Limited Partners will pay the remaining balance of their Commitments in such amounts and at such times as will be determined by the General Partner in its sole discretion.
This Agreement, and all other written agreements executed by or on behalf of the General Partner and/or the Private Limited Partners and executed or approved in writing by SBA, up to and including the date of this Agreement (such other written agreements, collectively, the "SBA Agreements"), state the entire understanding among the parties relating to the subject matter of this Agreement and the SBA Agreements.
All capital contributions to the Partnership by the General Partner must be in cash, except as provided in this Agreement and approved by SBA.35 The General Partner must pay its Commitment in installments at the same times and in the same percentage amounts as the Private Limited Partners.
Each such notice will be given not more than ______ (__) nor less than ______ (__) days before the payment to which such notice relates is due, and will specify the date the payment will be due and the percentage of the Private Limited Partners' Commitments then due.
Investments may be made by the Partnership through the [___ anniversary of the Final Closing] (the “Investment Period”), unless terminated earlier upon the affirmative vote of [supermajority percentage] in interest of the Private Limited Partners (excluding any Private Limited Partner that is an Affiliate or Associate of the General Partner).