Administrative Partner definition
Examples of Administrative Partner in a sentence
LANDLORD: HMS GATEWAY OFFICE, L.P., a Delaware limited partnership By: ▇▇▇▇▇ Gateway Office, L.P., Administrative Partner By: ▇▇▇▇▇ Interests Limited Partnership, General Partner By: ▇▇▇▇▇ Holdings, Inc., General Partner By: /s/ ▇▇▇▇▇ ▇.
At any time after the date which is the third anniversary hereof, and from time to time but no more than once in any Fiscal Year, Managing General Partner shall have the right, by notice to Administrative Partner, to request that the Fair Market Value of the Project be determined in accordance with Section 7.12(F) hereof.
The fair market value of such assets shall be determined by an independent appraiser who shall be selected by agreement of the Operating Partner and the Administrative Partner.
LANDLORD: HMS GATEWAY OFFICE, L.P., a Delaware limited partnership By: ▇▇▇▇▇ Gateway Office, L.P., Administrative Partner By: ▇▇▇▇▇ Interests Limited Partnership, General Partner By: ▇▇▇▇▇ Holdings, Inc., General Partner By: Name: Its: TENANT: ADVANCED MEDICINE, INC., a Delaware corporation By: Name: Its: INITIALS: TENANT: /s/ A.
The fiscal year of the Partnership shall be the calendar year unless otherwise agreed to by the Operating Partner and the Administrative Partner.
The Partnership may have such additional offices and places of business as may be established from time to time by the Administrative Partner.
The Administrative Partner shall endeavor at all times to cause the Partnership to be classified as a partnership for federal income tax purposes.
Annually, the Administrative Partner is responsible for preparing and submitting the initial budget of the Periodical to the Steering Committee for review.
The Administrative Partner will give prompt notice to all Partners of any audit or other proceeding involving income tax liability of the Partnership of which the Administrative Partner is notified or becomes aware.
The Administrative Partner shall retain such documents and records for a period of not less then seven (7) years and shall, upon reasonable notice make such documents and records available during normal business hours to the other Partners for inspection and copying at the other Partners' cost and expense, provided, however, that if there is an audit or threat of audit such documents and records shall be retained until the audit is completed and any tax liability is finally determined.