Acquiring Partner definition

Acquiring Partner has the meaning set forth in Section 4.07(f).
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Acquiring Partner means the Partner acquiring the Partnership Interest of the other Partner(s) pursuant to Section 9.3 of this Agreement.
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Acquiring Partner is defined in Section 7.3(b).
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Examples of Acquiring Partner in a sentence

  • The Acquiring Partner may use cash distributions due to such Acquiring Partner from other Partnership Assets to offset the foregoing payment.

  • All accounts receivable of the Company reflected on the Most Recent Balance Sheet are valid receivables subject to no setoffs or counterclaims and are current and in the good faith judgment of management of the Company, collectible (within 90 days after the date on which it first became due and payable), net of the applicable reserves for bad debts (which reserves have been created in the Ordinary Course of Business) on the Most Recent Balance Sheet.

  • For such interest the Acquiring Partner shall pay the amount determined pursuant to Paragraph 17.3 to be the fair market value of such interest.

  • For such interest the Acquiring Partner shall pay the amount determined pursuant to Section 17.4 to be the fair market value of such interest.

  • Except as set forth in Section 17.6, should a new General Partner be elected under Section 16.2, such new General Partner ("Acquiring Partner") shall purchase from the Partnership, within 60 days of its election, the interest which the Partnership purchased from the Terminated Partner.

  • The Company will: receive Transaction Amounts and Refunds from the International Payment Systems, the Acquiring Partner, or APM Systems, as applicable.

  • The expenses of arbitration shall be borne equally by the Terminated General Partner and the Acquiring Partner.

  • In the event that a replacement General Partner is elected by the Limited Partners under this Section 17(c), such replacement or successor General Partner (the "Acquiring Partner") shall purchase from the Partnership, within 60 days of the date on which it becomes a General Partner, the interest in the Partnership which the Partnership purchased from the person ceasing to be a General Partner as provided above in this Section 17(c).

  • Except as set forth in Section 17.6, should a successor General, Partner be elected under Section 16.2, such successor General Partner ("Acquiring Partner") shall purchase from the Partnership, within 60 days of its election, the interest which the Partnership purchased from the Terminated Partner.

  • The Terminated General Partner shall be required to sell and the Acquiring Partner shall be required to purchase the Terminated General Partner’s interest in the Partnership no later than 60 days after the occurrence of the terminating event.