Partnership Framework Clause Samples

The Partnership Framework clause establishes the foundational structure and operating principles for a partnership between parties. It typically outlines the roles and responsibilities of each partner, the decision-making process, and the mechanisms for sharing profits, losses, and liabilities. For example, it may specify how partners contribute resources, how disputes are resolved, and how new partners can be admitted. The core function of this clause is to provide a clear and agreed-upon framework that governs the partnership, reducing ambiguity and helping prevent conflicts by setting expectations from the outset.
Partnership Framework. The Parties are committed to the development of partnerships with State Government, Local Government, and private industry. The focus will be on pursuing practical opportunities for cost effective, quality service delivery and regional development to achieve outcomes that benefit Council’s communities. The Parties are also committed to the implementation of initiatives resulting from a partnership framework which may include resource sharing between Councils.
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Partnership Framework. Governance Structure The Civic University Agreement will be overseen by a Civic University Partnership Board, chaired by the University. The Civic University Agreement will have a simple operating structure with leads from each institution comprising the coordinating team, with quarterly meetings at which lead members from each institution can bring issues/concerns to the table or share their current activity. Regular information updates will be provided for the Liveable Exeter Place Board. Mission The mission/s will be jointly agreed by the partners, taking on board alignment with existing City strategies. Agenda Setting The partners will identify areas of “common ground” where it is expected that joint working will add value to the core mission of each institution. The agenda will be shaped by participants on an ongoing basis and everyone commits to attending and listening respectfully to partners when they bring issues and ideas to the group. Brokerage Partners will identify lead connectors in each organisation that can broker wider relationships and be a point of contact across the partners, connecting them to wider networks. Over time we would expect to have a visible and transparent set of institutional networks that will facilitate the sharing of knowledge. 4 Engaged learning” facilitates students to apply theory to real-world contexts outside of the University and to co-produce knowledge with and for the community. Engaged learning provides students with the skills which increase their employability, and improve their personal and professional development, while communities gain access to skills to help develop, evaluate or communicate their work.
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Partnership Framework. Subject to all applicable legal requirements, including, but not limited to, any required approval of competent Governmental Authorities, following the Final Closing Date the Investor and the Company shall endeavor to promote the exchange of best practices and identify potential areas of cooperation and synergies between their respective companies and their Subsidiaries and Affiliates (the “Partnership Framework”). The Investor agrees that no Government Official who may be an officer, director, senior manager, partner, owner, or principal of or agent for the Investor, will use his or her government position to influence acts or decisions of a government for the benefit of the Company in connection with the Partnership Framework or otherwise in a manner that violates any Anti-Bribery Law.
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Partnership Framework. The Parties will establish the Partnership Forum, on the commencement of this Agreement. The purpose of the Partnership Forum is to: review the implementation and effectiveness of this Agreement and the Traditional Owner Land Natural Resource Agreement; exchange data and expertise regarding the general health, welfare and abundance of Natural Resources in the Agreement Area; develop, agree, implement, monitor and review strategies which promote or enable Members to participate in Natural Resource management, including through the Participation Strategy Principles; develop and consider the content of or amendments to: an Agreed Vegetation List; or an Agreed Animal List; consider whether any Further Agreement is desirable and, if so, prepare draft terms to be considered by the Parties; consider whether the provisions in Schedule 1 and the Traditional Owner Land Natural Resource Agreement are appropriate, and whether they should be amended to allow for increased: efficacy; ease of use and application; recognition of the Traditional Owner Rights of the Members; permissible commercial purposes; or protection or sustainability of a Natural Resource; and review the application of Item 4.2(a) of Schedule 1 and resolve any issues raised by either Party as to the areas or Agreed Activities to which that Item applies. The Partnership Forum will hold its initial meeting within 3 months of the commencement of this Agreement. At its initial meeting, the Partnership Forum will: consist of: two representatives of the State; and three representatives of the Corporation, appointed by the relevant Party, all of who must be in attendance for the forum to have quorum; meet: at the cost of the State; and at an agreed location within the Agreement Area; be chaired by a representative of the Corporation; and make decisions: by consensus; guided by the Sustainability Principles; and in accordance with the Decision Making Principle; and consider and determine its ongoing composition, decision-making processes, and terms of reference, which must be consistent with the Partnership Forum principles in Schedule 3. The Partnership Forum does not prevent either Party from engaging with each other and other agencies, bodies, or persons in relation to Natural Resources or matters for which the Partnership Forum has responsibilities. The Corporation will report on levels and manner of take of Animals at the Partnership Forum to allow for mortality and welfare to be accounted for in relevant...
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Partnership Framework 
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Related to Partnership Framework

  • Partnership Name The name of the Partnership is “OZ Advisors II LP.” The name of the Partnership may be changed from time to time by the General Partner.

  • Operating Partnership Agreement The Operating Partnership Agreement, in substantially the form attached hereto as Exhibit B, shall have been executed and delivered by the partners of the Operating Partnership and shall be in full force and effect and, except as contemplated by Section 2.03 or the other Formation Transaction Documents, shall not have been amended or modified.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • Partnership Funds Pending application or distribution, the funds of the Partnership shall be deposited in such bank account or accounts, or invested in such interest-bearing or non-interest bearing investment, including, without limitation, checking and savings accounts, certificates of deposit and time or demand deposits in commercial banks, U.S. government securities and securities guaranteed by U.S. government agencies as shall be designed by the General Partner. Such funds shall not be commingled with funds of any other Person. Withdrawals therefrom shall be made upon such signatures as the General Partner may designate.

  • Partnership Agreements Each of the partnership agreements, declarations of trust or trust agreements, limited liability company agreements (or other similar agreements) and, if applicable, joint venture agreements to which the Company or any of its subsidiaries is a party has been duly authorized, executed and delivered by the Company or the relevant subsidiary, as the case may be, and constitutes the valid and binding agreement of the Company or such subsidiary, as the case may be, enforceable in accordance with its terms, except as the enforcement thereof may be limited by (A) the effect of bankruptcy, insolvency or other similar laws now or hereafter in effect relating to or affecting creditors’ rights generally or (B) the effect of general principles of equity, and the execution, delivery and performance of such agreements did not, at the time of execution and delivery, and does not constitute a breach of or default under the charter or bylaws, partnership agreement, declaration of trust or trust agreement, or limited liability company agreement (or other similar agreement), as the case may be, of the Company or any of its subsidiaries or any of the Agreements and Instruments or any law, administrative regulation or administrative or court order or decree.