Initial Partners Sample Clauses

Initial Partners. See first WHEREAS clause.
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Initial Partners. The initial General Partner and Limited Partner of the Partnership are the Persons executing this Agreement as of the date hereof as general partner and limited partner, respectively, each of which is hereby admitted to the Partnership as a General Partner or a Limited Partner, as the case may be, effective with the commencement of the Partnership.
Initial Partners. As of the date of this Agreement, EP Noric and EPPP CIG are the only Partners of the Partnership.
Initial Partners. The initial Partners shall be the Managing Partner, as a General Partner, and the initial Investor Partner. The Managing Partner shall not be required to make a Capital Contribution to the Partnership but shall grant the Partnership access to all maps, drilling logs and other geological and geophysical information it owns or acquires with respect to the Partnership Properties, and a perpetual, non-exclusive, royalty-free license to use such intellectual property solely in the development of the Partnership Properties.
Initial Partners. The General Partner, upon its execution of a counterpart signature page to this Agreement, is hereby admitted as the general partner of the Partnership. Each Person whose name is set forth on Exhibit A attached hereto on the date hereof as a limited partner is hereby admitted as a limited partner of the Partnership upon its execution of counterpart signature page to this Agreement.
Initial Partners. As of the date of this Agreement, EP SNG and EPPP SNG are the only Partners of the Partnership.
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Initial Partners. The Partners who have subscribed their names to this Agreement and to the subscription sheet and other incorporation documents as filed or to be filed with the Registrar, shall be deemed to have become partners of the LLP with effect from the date and time of the incorporation under the LLP Act, 2008. The First Partners of the LLP are as under: XXXXX XXXX xx XXXXXX XXXX
Initial Partners. See first
Initial Partners. Notwithstanding anything to the contrary contained in this Article 15, shareholders of Telecom who are assigned Units pursuant to the Plan of Liquidation shall thereupon become Record Holders and shall be listed on the Ownership Ledger of the Partnership as such. A shareholder shall be substituted as a Limited Partner with respect to Units held by him, other than such Units which are designated as General Partner Units, promptly after such shareholder has (i) complied with all instructions of the Partnership or its transfer agent with respect to the delivery of such shareholder’s certificates of stock of Telecom to the Partnership or transfer agent for cancellation and (ii) executed a Limited Partnership Page and other documents necessary to agree to the terms of this Partnership and to become a substituted Limited Partner. Such substitution of Limited Partners, and recordation as General Partner Units, with respect to which the foregoing conditions have been satisfied, as well as recordation of Record Holders, shall be entered on the Ownership Ledger of the Partnership as of the opening of business on such date as shall be established by the General Partners. A shareholder who does not become a substituted Limited Partner shall possess the rights of a Record Holder as set forth in Section 15.7 below.
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