Both partners Sample Clauses

The "Both partners" clause establishes that certain rights, responsibilities, or obligations apply equally to all parties involved in the agreement. In practice, this means that each partner is held to the same standards and must fulfill the same duties, such as contributing resources, sharing information, or participating in decision-making. This clause ensures fairness and mutual accountability, preventing misunderstandings or imbalances in the partnership.
Both partners. Where both partners are employed by DHL, they must take parental leave at different times, except for a maximum period of eight (8) weeks.
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Both partners. In the case that both parents take a period of parental leave, the parent that is not the primary caregiver may take a period of concurrent leave of up to eight (8) weeks in total. Concurrent leave will operate in accordance with the Fair Work Act 2009 (Cth).
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Both partners. Where both partners are employed by the company, they must take parental leave at different times except for a period of eight (8) weeks. The total combined leave is not to exceed 52 weeks.
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Both partners. In the case that both parents seek parental leave, only one parent may take parental leave at any one time, except for eight (8) weeks around the time of birth or at the time of adoption. The total combined leave must not to exceed 52 weeks.
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Related to Both partners

  • New Partners No person shall be admitted as a Partner of the Partnership except with the consent of all the Partners who shall determine the terms and conditions upon which such admission is to be effective.

  • Limited Partners The Limited Partners shall not participate in the general conduct or control of the Partnership’s affairs and shall have no right or authority to act for or to bind the Partnership. The Limited Partners shall not be required to assume, endorse or guarantee any liabilities of the Partnership.

  • Partners (a) The General Partner of the Partnership is ▇▇▇▇▇▇▇ Capital Essential Asset REIT II, Inc., a Maryland corporation. Its principal place of business is the same as that of the Partnership. (b) The Limited Partners are those Persons identified as Limited Partners on Exhibit A hereto, as amended from time to time.

  • Substituted Limited Partners A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner. B. A transferee who has been admitted as a Substituted Limited Partner in accordance with this Article 11 shall have all the rights and powers and be subject to all the restrictions and liabilities of a Limited Partner under this Agreement. The admission of any transferee as a Substituted Limited Partner shall be subject to the transferee executing and delivering to the General Partner an acceptance of all of the terms and conditions of this Agreement (including without limitation, the provisions of Section 2.4 and such other documents or instruments as may be required to effect the admission), each in form and substance satisfactory to the General Partner) and the acknowledgment by such transferee that each of the representations and warranties set forth in Section 3.4 are true and correct with respect to such transferee as of the date of the transfer of the Partnership Interest to such transferee and will continue to be true to the extent required by such representations and warranties. C. Upon the admission of a Substituted Limited Partner, the General Partner shall amend Exhibit A to reflect the name, address, number of OP Units, and Percentage Interest of such Substituted Limited Partner and to eliminate or adjust, if necessary, the name, address and interest of the predecessor of such Substituted Limited Partner.

  • Not Partners Nothing contained in this Agreement shall be construed to make the Parties partners or joint venturers or to render any Party liable for the debts or obligations of any other Party.