Examples of The Partnership in a sentence
In the event of the dissolution of the Partnership, each Partner will share in any remaining assets or liabilities of the Partnership in proportion to the Partners’ Capital Contributions inclusive if any Additional Capital Contributions (hereinafter referred to as the “Dissolution Distribution”).
Partnership funds will be held in the name of the Partnership and will not be commingled with those of any other person or entity.
They receive funding from the ADP, and they are accountable to the Resources and Governance Committee for any monies they receive from the Partnership.
The partners have agreed to work together as set out in this the Partnership Agreement, which has been signed off through their internal governance processes, where relevant or appropriate and were agreed by the ADP Committee on X [anticipated 15 Sept 2023].
The funds of the Partnership will be placed in such investments and banking accounts as will be designated by the Partners.