Separate Person definition

Separate Person means (a) any Limited Partner, (b) any Departing Partner, (c) any Person who is or was an Affiliate of the General Partner or any Departing Partner, (d) any Person who is or was a member, partner, manager, officer, director, employee, agent or trustee of any Group Member, of the General Partner or any Affiliate thereof or of any Departing Partner or any Affiliate thereof, (e) any Person who owns, directly or indirectly, in excess of 5% of the equity ownership of any Affiliate of the General Partner or any Departing Partner, and (f) any Person who is or was serving at the request of the General Partner or any Departing Partner or any Affiliate of the General Partner or any Departing Partner as an officer, director, employee, member, partner, agent, fiduciary or trustee of another Person; provided, that the General Partner, the Operating Subsidiary and the general partner of the Operating Subsidiary shall not be a Separate Person.
Separate Person shall have the meaning set forth in Section 2.11.
Separate Person means (a) any Limited Partner, (b) any Departing Partner, (c) any Person who is or was an Affiliate of the General Partner or any

Examples of Separate Person in a sentence

  • Neither any Group Member, any Limited Partner nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby or thereby in any business ventures of any Separate Person.

  • The Servicer recognizes that the Indenture Trustee, the Holders and the Class A Note Insurer have entered into the Transaction Documents on the understanding that each of the Companies, the Sellers and TOP CAT (each, a "Separate Person") is an entity intended to have its own separate existence independent from that of the Servicer.

  • In the event that the Servicer's consolidated financial statements are required under GAAP to include any Separate Person, the Servicer will include footnotes therein that disclose the separate existence of each such Separate Person and its assets from the Servicer and the Servicer's assets.

  • In the event that the Manager's consolidated financial statements are required under GAAP to include any Separate Person, the Manager will include footnotes therein that disclose the separate corporate existence of each such Separate Person and its assets from the Manager and the Manager's Assets.

  • The Manager recognizes that the Indenture Trustee, the Holders and the Class A Note Insurer have entered into the Transaction Documents on the understanding that each of the Companies, the Seller and TOP CAT (each a "Separate Person") is an entity intended to have its own separate existence independent from that of the Manager.

Related to Separate Person

  • corporate person means a company as defined in clause (20) of section 2 of the Companies Act, 2013 (18 of 2013), a limited liability partnership, as defined in clause (n) of sub-section (1) of section 2 of the Limited Liability Partnership Act, 2008 (6 of 2009), or any other person incorporated with limited liability under any law for the time being in force but shall not include any financial service provider;

  • Private Person means any person, firm, entity or individual who or which is other than a "governmental unit" as that term is used in Sections 141 and 148 of the Code.

  • non-resident taxable person means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India;

  • Professional person means a mental health professional,

  • natural person of a Party means a natural person who resides in the territory of the Party or elsewhere and who under the law of that Party is a national of that Party;