Terminating Partner definition

Terminating Partner shall have the meaning set forth in Section 6.05 hereof.
Sample 1Sample 2Sample 3
Terminating Partner has the meaning set forth in Section 8.3(a).
Sample 1
Terminating Partner means any Partner who by their actions causes the termination of this Agreement as defined in Clause 36
Sample 1

Examples of Terminating Partner in a sentence

  • The Terminating Partner shall take such action as is necessary so that the Partnership's business shall be terminated, its liabilities discharged, and its assets distributed as hereinafter described.

  • The Terminating Partner shall take such action as is necessary so that the Fund's business shall be terminated, its liabilities discharged and its assets distributed as hereinafter described.

  • All liquidating distributions shall be made in assets of the Partnership and/or in cash as the Terminating Partner shall determine in its sole and absolute discretion.

  • At the direction of the General Partner (the "Terminating Partner"), a full accounting of the assets and liabilities of the Fund shall be taken and a statement of the Fund Assets and a statement of each Partner's Capital Account shall be furnished to all Partners as soon as reasonably practicable.

  • All liquidating ------------ distributions shall be made in assets of the Partnership and/or in cash as the Terminating Partner shall determine in its sole and absolute discretion.

  • At the direction of the General Partner, or a Person approved by the Limited Partner(s) if the winding-up and dissolution of the Partnership is pursuant to Section 6.02(a)(ii) ------------------- hereof (the General Partner or the other Person, as the case may be, being herein called the "Terminating Partner"), a full accounting of the assets and liabilities of the Partnership shall be taken and a statement of the Partnership Assets shall be furnished to all Partners as soon as is reasonably practicable.

  • At the direction of the General Partner (§ 3.1) (the "Terminating Partner"), a full accounting of the assets and liabilities of the Fund shall be taken and a statement of the Fund Assets and a statement of each Partner's Capital Account shall be furnished to all Partners as soon as reasonably practicable.

  • To avoid doubt, the Agreement in its entirety will remain operative for the remaining Partners and the terms of the Agreement survive termination in relation to any information that has already been shared by the Terminating Partner.

  • If, at any time after delivery of a notice pursuant to the provisions of the immediately preceding sentence by a Terminating Partner, NJHA and the Partnership should mutually agree to modifications to the rental obligations under the Lease to the satisfaction of both Partners, then such notice shall automatically, and with no further action required by any party, be revoked and of no further force or effect.

  • Upon such election the Partnership shall be reconstituted, the Terminating Partner shall be deemed to have offered to sell its Interest for the balance in its Capital Account in accordance with Section 11.3, and the surviving Partners shall continue the business of the Partnership with all of the Partnership's assets in accordance with the provisions this Agreement.

Related to Terminating Partner

  • Terminating Party As defined in Section 7.1(f).

  • 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.

  • 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.

  • Terminating Company Breach has the meaning specified in Section 10.01(b).

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

  • 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.

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.

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

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

  • Terminating Event means any of the following events:

  • Designating Party means the Party or non-party that designates Documents, Testimony, or Information as Confidential Material.

  • Non-Managing Member means any Member other than the Managing Member.

  • Non-Lead Operating Advisor means the “trust advisor”, “operating advisor” or other analogous term under any Non-Lead Securitization Servicing Agreement.

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

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

  • Qualifying Party means (a) a Limited Partner, (b) an Assignee or (c) a Person, including a lending institution as the pledgee of a Pledge, who is the transferee of a Limited Partner Interest in a Permitted Transfer; provided, however, that a Qualifying Party shall not include the General Partner.

  • Non-Breaching Party has the meaning set forth in Section 13.2(a).

  • 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.

  • Performing Party As defined in Section 11.12.

  • Third Party Terminating Carrier means a Telecommunications Carrier to which traffic is terminated when CLEC originates traffic that is sent through AT&T-TSP’s network, i.e., CLEC is using AT&T-TSP’s Transit Traffic Service.

  • 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;

  • Operating Advisor Termination Event As defined in Section 7.06(a) of this Agreement.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Managing Party shall have the meaning set forth in Section 7.2(a).

  • Terminated Party As defined in Section 7.01(c) of this Agreement.