Partnership Structure. As of the date hereof, the sole general partner of Borrower is General Partner. The only Limited Partners of Borrower are set forth on EXHIBIT A attached hereto and incorporated herein by reference (or on a revised EXHIBIT A delivered to Administrative Agent in accordance with SECTION 10.5 hereof), and the Capital Commitment of each Limited Partner is set forth on EXHIBIT A (or on such revised EXHIBIT A).
Partnership Structure. The Model is a partnership between local government and community based organizations, with critical and distinct roles for each partner. Local Government (city or county) plays a central role of directing and coordinating the initiative on the ground. The local government partner ensures quality and consistency of service delivery by establishing protocols for monitoring and evaluation, using public channels for marketing and promotion of services, and supporting integration of service delivery within other public programs and local government access points. Financial Counseling Providers recruit, hire and supervise the FEC counselors. Typically nonprofits, they are responsible for all data collection and regular reporting to the local government and the CFE Fund. They support public marketing efforts by participating in outreach events and presentations. In addition, nonprofit providers establish and maintain relationships with other community partners hosting counselors, referral partners, and other outreach and community efforts. This provider role can also be fulfilled by a local government agency. Local and National Counselor Training Partners deliver financial counseling training instruction based on the training standards provided by the CFE Fund, focusing on financial content, counseling and coaching skills, and cultural awareness. Partners can deliver this training in a variety of formats, including at a local college, through self-paced webinars, and/or with program managers or national training providers teaching the curriculum. Prior to working with their own clients, counselors must pass an exam that evaluates their command of training material and succeed at a period of mentored, experiential training (such as role-playing, shadowing, and observation). In addition, local government and nonprofit managers coordinate continuing education opportunities as the program evolves in order to further counselors’ professional development and understanding of new issues facing those with low incomes. Programmatic Partners are crucial to integrating the FEC services into the service streams of local government and nonprofit agencies, especially those serving people with low and moderate incomes. At their best, these partnerships deeply embed financial counseling and coaching into local government and nonprofit programs and advance those programs’ goals. Potential complementary program linkages could include homeownership assistance, homeless prevention,...
Partnership Structure. The parties recognize that successful partnership requires the establishment of an appropriate organizational structure at both the top levels and the local levels of their organizations. Such structure must include defined roles and responsibilities for the participants at both levels. The parties recognize that the changes contemplated by this Agreement must evolve. Accordingly, the local parties must have the flexibility to design participative structures that best meet their needs and that can change as changed circumstances and experience warrant. Further, where participative structures are already in place, the local parties recognize that it may be in their best interest to retain such structure so long as they meet the objectives of the Agreement.
Partnership Structure. 2.1 The Partnership: Membership in the Partnership is open to all agencies and organizations that have the capacity to contribute to the goals stated in the Plan. Membership will be at the following levels of authority, responsibility, and contribution to accomplish the actions in the approved annual work plan. All members will have a role to play, and some, particularly the Agreement signatories, will have more responsibility as outlined here. Partnership members who are not Agreement signatories are also a valued, vital part of the Partnership. These members can proclaim their commitments to achieving the goals via signing on to a pledge to take an active role in participating in and contributing time and energy to the actions outlined. All members of the Partnership, at all levels, are accepting a contributing role, for the mutual benefit of the participating organization and the group as a whole. Primary authority for the Partnership rests with the Co-Chairs and Leadership Team.
Partnership Structure. AXI is the sole general partner of Borrower. Ambassador V is the sole limited partner of Borrower and AA owns, directly or indirectly, approximately 90.69% of Borrower and indirectly controls Borrower. AA owns, directly or indirectly, 100% of AXI.
Partnership Structure. From the Contract Date through and including the Closing Date, Contributor shall maintain the same composition of its partners, shareholders and members as the case may be, as exists on the Contract Date, unless otherwise expressly provided in this Agreement or consented to by Acquiror in writing.
Partnership Structure. As of the date hereof, the sole general partner of the Feeder Fund is the Feeder Fund General Partner. The Investors in the Borrower and the Feeder Fund are set forth on Exhibit A and incorporated herein by reference (or on a revised Exhibit A delivered to the Administrative Agent in accordance with Section 10.05), and the Capital Commitment of each Investor is set forth on Exhibit A (or on such revised Exhibit A).
Partnership Structure. The grant of this Option shall in no way affect the Partnership's right to adjust, reclassify, reorganize, or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate, or sell or transfer any part of its business or assets.
Partnership Structure. Under its agreement of limited partnership (“Partnership Agreement”), the General Partner shall own, for an investment of USD $165,000, five percent (5%) of the capital, profits and losses of the Partnership and the Limited Partners shall own, for an investment of USD $6,000,000, ninety five percent (95%) of the capital, profits and losses of the Partnership. A list of the Affiliates of the General Partner and the names of the Limited Partners of the Partnership are set forth on Exhibit 5.(b); which Exhibit 5.(b) shall be updated at the First Closing and at the time of the Second Closing.
Partnership Structure. (a) All of the Partnership Interests, whether as general partner or otherwise, and the names of the person or persons who are the owners of such Partnership Interests are as set forth in
