Vote of the Partners definition

Vote of the Partners means the unanimous approval of all of the Partners of the Partnership.
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Examples of Vote of the Partners in a sentence

  • The General Partner may not sell, assign or otherwise dispose of the GP Units and its rights and obligations under this Agreement except as approved by a Standard Vote of the Partners.

  • From time to time, additional Partners may be admitted to the Partnership upon the recommendation of the Managing Partner followed by a Super Majority Vote of the Partners as provided in Section 5.1(c).

  • Additional Capital Contributions may be made from time to time as proposed by the Managing Partner and agreed upon by a Super Majority Vote of the Partners.

  • Except as otherwise provided in this Article 8, no transfer, hypothecation, pledge, encumbrance or assignment of a Partner’s Interest, or any part thereof or any right to receive distributions thereof, direct or indirect, at any level or tier of ownership, in the Partnership (a “Transfer”) will be valid without a Vote of the Partners.

  • This Agreement may be amended or modified from time to time only by a written instrument executed and agreed to by a Super Majority Vote of the Partners.

  • Evans believes that the agreement between HEI, the Individual Relators, and other participants in the separate joint venture (“Separate JV”) may contain the following provision: “Except by unanimous Vote of the Partners, including the Managing Venturer, no Venturer has authority to .

  • Dissolution The Partnership may be dissolved upon the recommendation of the Managing Partner followed by the Super Majority Vote of the Partners or upon the occurrence of an event requiring dissolution under Section7.1.

  • No transferee which has obtained an Interest without a Vote of the Partners as required by this Section 8.1 or as provided in Sections 8.1.2, or which has failed to comply with Section 8.4, shall have any right to become a Partner of the Partnership and shall not be an assignee, and such Transfer without the Vote of the Partners shall be null and void and of no effect.

  • Invoice & Credit Note -> Daily posting of Invoice and Credit Note can be export and import to Back Office System so that Account Payable can save time by posting manually again at Back Office Accounting System.

  • If another Partner withdraws, the remaining Partners, upon recommendation of the Managing Partner followed by a Super Majority Vote of the Partners, may elect to dissolve or continue the Partnership.

Related to Vote of the Partners

  • Limited Partners means all such Persons.

  • Majority in Interest of the Partners on any date (a “vote date”) means one or more persons who are Partners (including the General Partner but excluding Nonvoting Special Partners) on the vote date and who, as of the last day of the most recent accounting period ending on or prior to the vote date (or as of such later date on or prior to the vote date selected by the General Partner as of which the Partners’ capital account balances can be determined), have aggregate capital account balances representing at least a majority in amount of the total capital account balances of all the persons who are Partners (including the General Partner but excluding Nonvoting Special Partners) on the vote date.

  • General Partner has the meaning set forth in the Preamble.

  • Consent of the Partners means the Consent of Partners holding Percentage Interests that in the aggregate are equal to or greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by such Partners, in their sole and absolute discretion.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

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

  • General Partners means all such Persons.

  • 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.

  • 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.

  • Company Board of Directors means the board of directors of the Company.

  • Majority in Interest of the Limited Partners means Limited Partners (other than the General Partner and any Limited Partner 50% or more of whose equity is owned, directly or indirectly, by the General Partner) holding Percentage Interests that in the aggregate are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners (other than the General Partner and any Limited Partner 50% or more of whose equity is owned, directly or indirectly, by the General Partner).

  • 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.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Parent Board means the board of directors of Parent.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Company Board means the Board of Directors of the Company.

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

  • State Water Board means the State Water Resources Control Board.

  • ESC means erosion and sediment control.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • 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.

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;