Subsequent Partner definition

Subsequent Partner means a Person admitted to the Partnership as a Partner after the date hereof through the sale or issuance by the Partnership of additional Partnership Interests and not through the transfer of existing Partnership Interests.
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Subsequent Partner means any partner who becomes a partner by virtue of the acquisition of another Limited Partner’s Token and by virtue of which such Subsequent Partner becomes a Limited Partner in this Partnership;
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Subsequent Partner has the meaning set forth in Article 2.8.1 hereof.
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Examples of Subsequent Partner in a sentence

  • The operational concept is the concept that is used to clarify the theories in this research in order to avoid misunderstanding and to make easy in analyzing the problems.

  • If any Subsequent Partner is admitted to the Partnership on any day other than the first day of a Partnership Year, then Net Income, Net Losses, each item thereof and all other items allocable among Partners and Assignees for such Partnership Year shall be allocated among such Subsequent Partner and all other Partners and Assignees by taking into account their varying interests during the Partnership Year in accordance with Section 706(d) of the Code, using the interim closing of the books method.

  • All distributions of Operating Cash Flow with respect to which the Partnership Record Date is before the date of such admission shall be made solely to Partners and Assignees other than the Subsequent Partner, and all distributions of Operating Cash Flow thereafter shall be made to all the Partners and Assignees including such Subsequent Partner.

  • Upon the transfer of a Token/s, the Subsequent Partner shall become a Limited Partner of the Partnership and become bound by the terms hereof and the Terms and Conditions.

  • Solely for purposes of making such allocations, each of such items for the calendar month in which an admission of any Subsequent Partner occurs shall be allocated among all the Partners and Assignees including such Additional Limited Partner.

  • Upon the admission of a Subsequent Partner, the General Partner shall update the Token Schedule to take into account that person and the Capital Account of the Limited Partner shall, without further ado, be automatically ceded and assigned to the Subsequent Partner.

  • It shall be deemed unreasonable for SWPL (or any Subsequent Partner(s) succeeding to SWPL's Partnership Interest) to withhold its consent by reason of the fact that the proposed Project Leader is or was an employee of EAPC (or any Subsequent Partner succeeding to all of EAPC's Partnership Interest) or of an Affiliate of EAPC.

  • Notwithstanding the provisions of Section 8.4.A, a Subsequent Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.4.A if the delivery of REIT Shares to such Subsequent Partner on the Specified Redemption Date would be prohibited under the Declaration of Trust and shall be subject in any event to the issuance of REIT Shares being in compliance with all applicable Federal and State securities laws.

  • After such consultation, EAPC (or any Subsequent Partner succeeding to all of EAPC's Partnership Interest) shall have the authority to propose the new Project Leader who shall become the Project Leader upon the consent of SWPL (or any Subsequent Partner(s) succeeding to SWPL's Partnership Interest), which consent shall not be unreasonably withheld.

  • Any third party who becomes a Subsequent Partner through the acquisition of Tokens in the secondary market shall become a Limited Partner in terms hereof.


More Definitions of Subsequent Partner

Subsequent Partner is a Partner who becomes a Partner after the Effective Date, whether due to a transfer by an existing Partner or otherwise.
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Related to Subsequent Partner

  • Co-licensed partner means a person who, with at least one other person, has the right to engage in

  • Selling Partner has the meaning set forth in Section 8.5.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • Private partner means any entity that is a partner in a public-private partnership other than:

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • Contributing Partner means each Partner contributing (or deemed to have contributed on termination and reconstitution of the Partnership pursuant to Section 708 of the Code or otherwise) a Contributed Property.

  • Business Partner means a legal entity that requires use of a Cloud Service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • REIT Partner means (a) the General Partner or any Affiliate of the General Partner to the extent such person has in place an election to qualify as a REIT and, (b) any Disregarded Entity with respect to any such Person.

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it pursuant to Section 5.2), the General Partner (with respect to the Incentive Distribution Rights) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Trading Partner means any external computer interoperating with a Licensed Component through one or more protocols, one or more networks, or one or more adapters;

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Defaulting Partner shall have the meaning set forth in Section 9.1.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.