Examples of Associate General Partner in a sentence
Partners III is a Delaware limited partnership which makes investments for long-term appreciation whose Associate General Partner is MBP III LP and whose Managing General Partner is DLJ Merchant Banking III, Inc., a Delaware corporation ("MPIII Inc.").
MB III LP is the Associate General Partner of each of Offshore Partners III, Offshore Partners III-1, Offshore Partners III-2 and Millennium and the Managing Limited Partner of Partners III GmbH.
The General Partner, the Initial Limited Partner and the Associate General Partner are hereby authorized to form the Partnership by filing the Certificate as soon as practicable after the date hereof in the office of the Delaware Secretary of State.
This section 5.1(a) is not applicable to the Associate General Partner.
If the Partnership issues Partnership Interests to the General Partner, Associate General Partner or any additional Limited Partner pursuant to Article IV, the General Partner shall make such revisions to this Article 6 and Exhibit B as it deems necessary to reflect the terms of the issuance of such Partnership Interests, including making preferential allocations to classes of Partnership Interests that are entitled thereto.
The General Partner shall arrange for the preparation and timely filing of all returns of Partnership income, gains, deductions, losses and other items required of the Partnership for federal and state income tax purposes and shall use all reasonable efforts to furnish, within ninety (90) days of the close of each taxable year, the tax information reasonably required by the Associate General Partner and the Limited Partners for federal and state income tax reporting purposes.
Distributions to the Associate General Partner should be made exclusively pursuant to Section 5.1(b).
Xxxxxx Title: Managing Director DLJ MERCHANT BANKING III, INC., as Advisory General Partner on behalf of DLJ OFFSHORE PARTNERS III-2, C.V. and as attorney-in-fact for DLJ Merchant Banking III, L.P., as Associate General Partner of DLJ Offshore Partners III-2, C.V. By: /s/ Xxxxxx X.
Upon the sale of its interest pursuant to Section 17.3, a General Partner other than the Associate General Partner (the "Terminated Partner") shall receive from the Partnership the fair market value of its interest in the Partnership, determined by agreement between the Terminated Partner and the Partnership or, if they cannot agree, by arbitration in accordance with the then current rules of the American Arbitration Association in New York, New York.
It seems rather like an acknowledgement that the proposed treatment of deferral arrangements is arbitrary.