Examples of Responding Partner in a sentence
The Partner(s) receiving such notice (the "Responding Partner," whether one or more) shall have five (5) business days within which to designate by written notice to the Initiating Partner, one or more individuals with authority to negotiate the Dispute on such Partner's behalf.
The failure of the Buy/Sell Responding Partner to give such a responsive notice under Section 16.2 (without qualification or condition) by the Buy/Sell Response Deadline Date shall be deemed notice of an election to sell the Property or Properties, as may be applicable, that are the subject of the Buy/Sell Offering Notice under Section 16.1 above on the Buy/Sell Response Deadline Date.
If the Responding Partner timely delivers a Buy/Sell Response Notice that specifies the Buy/Sell Responding Partner’s election to purchase the Buy/Sell Asset, as described in Section 11.2(a) above, then the Buy/Sell Responding Partner shall have up to seventy-five (75) days from the date of the delivery of the Buy/Sell Response Notice to close the purchase of the Buy/Sell Asset on substantially the same terms and conditions as contained in the Offered Agreement.
Any ROFO Notice shall reference the invocation of this Section 11.1 and shall constitute an irrevocable offer from the ROFO Offering Partner to the ROFO Responding Partner to sell its entire Percentage Interest or permit the sale by the Partnership of the stated Qualifying Assets, as the case may be, at the ROFO Offer Price.
In the event the ROFO Responding Partner fails to timely deliver a ROFO Response Notice, subject to Sections 11.1(b) and (c), the ROFO Offering Partner shall be permitted to sell its entire Percentage Interest or any of the Qualifying Assets on behalf of the Partnership, as the case may be, for the Required Third Party Price and Terms.
If Woody is the Electing Partner, Woody can give notice to any other Partner as the Responding Partner.
The Responding Partner shall have an option, for a period of 120 days after the date such notice is given, either to sell to the Electing Partner all of the Partnership Interest owned beneficially by the Responding Partner, or to purchase all Interest owned beneficially by the Electing Partner upon the same terms.
The Initiating Partner and the Responding Partner shall collectively be referred as the "Disputing Partners" or individually "Disputing Partner".
Proposing Consultant Name Address Telephone Fax Company Web Address Contact E-mail Address Printed Name of Responding Partner Authorized Partner Signature Attachment 2 – NON-COLLUSIVE PROPOSAL CERTIFICATION By submission of this proposal, the proposer certifies that he/she/it is complying w/it is complying with Section 103-d of the General Municipal Law.
Mr Grant Mooney, Mr Richard Hill and Ms Yaxi Zhan are each Directors and therefore related parties of the Company.