Terminating Partner definition

Terminating Partner shall have the meaning set forth in Section 6.05 hereof.
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Terminating Partner has the meaning set forth in Section 15.3.
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Terminating Partner means any Partner who by their actions causes the termination of this Agreement as defined in Clause 36
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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.

  • Positions were determined by direct bearing to land and by radar fix.

  • 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.

  • The fulfilment of its obligations under this Agreement would be ultra vires; AND the Partners are unable to agree a modification or variation to this Agreement so as to enable the Terminating Partner to remedy any circumstances set out under 18.4 (a) to 18.4 (c).

  • 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.

  • Any liabilities arising as a direct result of a termination under this Clause 36.4 shall be apportioned in accordance with Clause 36.9. Where the Terminating Partner is the Health Board, such notice to terminate may relate to all or any one or more of the Localities.

  • It is agreed that the right of the Frailty Lead Commissioner to recover the liabilities referred to in Clause 36.10 shall apply upon termination (in whole or in part) of this Agreement even where the Frailty Lead Commissioner is the Breaching Partner or Terminating Partner for the purposes of the relevant provision of this Clause 36.

  • The election may be made by the surviving Partners by notice to the Terminating Partner within 30 days after receipt by the surviving Partners of notice of the event.

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 KKR Management LLC, a Delaware limited liability company.

  • 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 (except to the extent the Managing Member holds Non-Managing Member Units).

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

  • Initiating Party shall have the meaning set forth in Article 13.

  • 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 Special Limited Partner.

  • Non-Breaching Party has the meaning set forth in Section 9.2.1.

  • 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 an entity that has registered with the Commission to exchange data through Electronic Data Interchange.

  • 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.