Rights of Partner Sample Clauses

Rights of Partner. The Partner has the right to be involved with Climate-KIC’s projects and activities (“Partnership Activities”) and contribute its expertise to focus areas identified in CK Holding’s multi-year strategy to develop the Partnership Activities. In addition, the Partner has the right to:
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Rights of Partner. 12. All the partners hereto shall have the rights, title and interest in all the assets and properties in the said X LLP in the proportion of their Contribution.
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Rights of Partner. All the partners hereto shall have the rights, title and interest in all the assets and properties in the said xxx LLP in the proportion of their Contribution. Every partner has a right to have access to and to inspect and copy any books of the xxx LLP. Each of the parties hereto shall be entitled to carry on their own, separate and independent business as hitherto they might be doing or they may hereafter do as they deem fit and proper and other partners and the X LLP xxx LLP shall have no objection thereto provided that the said partner has intimated the said fact to the xxx LLP before the start of the independent business and moreover he shall not uses the name of the xxx LLP to carry on the said business. xxx LLP shall have perpetual succes­sion, death, retirement or insolvency of any partner shall not dissolve the xxxx LLP. On retirement of a partner, the retiring partner shall be entitled to full payment in respect of all his rights, title and interest in the partner as herein provided. However, upon insolvency of a partner his or her rights, title and interest in the xxxx LLP shall come to an end. Upon the death of any of the partners herein any one of his or her heirs will be admitted as a partner of the xxxx LLP in place of such deceased partner. The heirs, executors and administrators of such deceased partners shall be entitled to and shall be paid the full payment in respect of the right, title and interest of such deceased partner. On the death of any partner, if his or her heir opts not to become the partner, the surviving partners shall have the option to purchase the contribution of the deceased partner in the xxxx LLP. Duties of Partners Every partner shall account to the limited liability partner­ship for any benefit derived by him without the consent of the limited liability partnership from any transaction concerning the limited liability partnership, or from any use by him of the property, name or any business connection of the limited liabili­ty partnership. Every partner shall indemnify the limited liability partner­ship and the other existing partner for any loss caused to it by his fraud in the conduct of the business of the limited liability partnership. Each partner shall render true accounts and full information of all things affecting the limited liability partnership to any partner or his legal representatives. In case any of the Partners of the xxxx LLP desires to transfer or assign his interest or shares in the xxxx LLP he ha...
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Rights of Partner. All the Partners hereto shall have the rights, title and interest in all the assets and properties in the LLP in the proportion of their contribution to the capital. Each of the parties hereto shall be entitled to carry on their own, separate and independent business as hitherto they might be doing or they may hereafter do as they deem fit and proper and other Partners and the LLP shall have no objection thereto provided that the said Partner has intimated the said fact to the LLP before the start of the independent business and moreover he shall not use the name of the LLP to carry on the said business. Every Partner has a right to have access to and to inspect and copy any books of account / documents, etc. of the LLP. The LLP shall have perpetual succession, and the death, retirement or insolvency of any Partner shall not dissolve the LLP. Upon insolvency of a Partner his or her rights, title and interest in the LLP shall come to an end.
Sample 1
Rights of Partner. All the partners hereto shall have the rights, title and interest in all the assets and properties in the said XXX DESIGN STUDIO LLP in the proportion of their respective share of Contribution. Every partner has a right to have access to and to inspect and copy any books of the XXX DESIGN STUDIO LLP. Each of the parties hereto shall be entitled to carry on their own, separate and independent business as hitherto they might be doing or they may hereafter do as they deem fit and proper and other partners and the XXX DESIGN STUDIO LLP shall have no objection thereto provided that the said partner has intimated the said fact to the XXX DESIGN STUDIO LLP before the start of the independent business and moreover he shall not use the name of the XXX DESIGN STUDIO LLP to carry on the said business. XXX DESIGN STUDIO LLP shall have perpetual succession, death, retirement or insolvency of any partner shall not dissolve the XXX DESIGN STUDIO LLP. If the Premises, Plant and machinery and Furniture of any partner is utilized by the LLP, the same shall carry Rent/Hiring Charges as mutually agreed upon. If any of the employees of the existing business of any partner is utilized for the business of the LLP, the same shall be at stipulated rate and with all the benefits as continuous service.
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Rights of Partner. In the event that the first Regulatory Approval of the NDA for the Original Product in the Field and in the Territory is granted (i) [***] and/or (ii) with the [***] ((i) and (ii) individually and collectively being the “Approval Requirements”), and any of such Approval Requirements having a Material Adverse Impact on the commercial potential of the Original Product in the Territory as set out in Section 3.3.3.2.2, then Partner may either (a) reduce the Development Milestone Fee by an amount equal to US dollars [***] or (b) [***].
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Rights of Partner. Receive punctual payment from TELKOM upon the implementation of this AGREEMENT.
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Related to Rights of Partner

  • Rights of Partners Except as otherwise provided in this Agreement, the Partners shall look solely to the assets of the Partnership for the return of their capital contributions and shall have no right or power to demand or receive property other than cash from the Partnership.

  • Rights of Parties Nothing in this Agreement, whether express or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any Persons other than the parties hereto and their respective successors and assigns, nor shall any provision give any third Persons any right of subrogation or action over against any party to this Agreement. Without limiting the generality of the foregoing, it is expressly understood that this Agreement does not create any third party beneficiary rights.

  • Rights of Participant The Participant shall not have the rights of a stockholder of the Company with respect the Shares represented by the Restricted Stock Units, including, without limitation, the right to vote the Shares represented by the Restricted Stock Units, unless and until such Shares have been delivered to the Participant in accordance with Paragraph 9.

  • Rights of Participants Any participant in a Lender's interests hereunder may assert any claim for yield protection under Section 4.03 that it could have asserted if it were a Lender hereunder. If such a claim is asserted by any such participant, it shall be entitled to receive such compensation from the Borrower as a Lender would receive in like circumstances; provided, however, that with respect to any such claim, the Borrower shall have no greater liability to the Lender and its participant, in the aggregate, than it would have had to the Lender alone had no such participation interest been created.

  • Rights of Members Except as otherwise provided in this Agreement, (a) each Member shall look solely to the assets of the Company for the return of its Capital Contribution, (b) no Member shall have the right or power to demand or receive property other than cash from the Company and (c) except as provided in this Agreement, no Member shall have priority over any other Member as to the return of its Capital Contributions, distributions or allocations.

  • Classes of Partnership Units The General Partner is hereby authorized to cause the Partnership to issue Partnership Units designated as Class T Units, Class S Units, Class D Units, Class I Units and Class E Units. Each such Class shall have the rights and obligations attributed to that Class under this Agreement.

  • Termination of Partnership The Partnership shall terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.

  • Voting Rights of Members The Members shall have voting rights as defined by the Membership Voting Interest of such Member and in accordance with the provisions of this Agreement. Members do not have a right to cumulate their votes for any matter entitled to a vote of the Members, including election of Directors.

  • Redemption of Partnership Interests of Ineligible Holders (a) If at any time a Limited Partner fails to furnish an Eligibility Certificate or any other information requested within the period of time specified in Section 4.9, or if upon receipt of such Eligibility Certificate or other information the General Partner determines, with the advice of counsel, that a Limited Partner is an Ineligible Holder, the Partnership may, unless the Limited Partner establishes to the satisfaction of the General Partner that such Limited Partner is not an Ineligible Holder or has transferred his Limited Partner Interests to a Person who is not an Ineligible Holder and who furnishes an Eligibility Certificate to the General Partner prior to the date fixed for redemption as provided below, redeem the Limited Partner Interest of such Limited Partner as follows:

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