Defaulting Partner definition

Defaulting Partner shall have the meaning set forth in Section 9.1.
Defaulting Partner has the meaning set forth in Section 6.6.1.
Defaulting Partner has the meaning set forth in Section 5.1(b).

Examples of Defaulting Partner in a sentence

  • Data from Pont et al (2013) (black symbols) are fitted with our cloud model calculation using the red T-P profile in Figure 3 and a cloud base pressure of ∼ 10−1.3 bar set by the altitude where the MgSiO3 condensation line crosses the red T-P profile.

  • If such Partner fails to make such Capital Contribution or other payment within five (5) Business Days after receipt of such notice then such Partner shall be deemed a “Defaulting Partner” (the amount in respect of which a Defaulting Partner has defaulted being a “Defaulted Amount”) and the General Partner shall immediately notify UST and SIGTARP of such failure.

  • Subject to Section 4.4(b)(i), the day that a Partner becomes a Defaulting Partner shall be referred to herein as the “Default Date”.

  • If any Partner fails to fund any Capital Contribution required hereunder, within the period set forth in the applicable Capital Call Notice, such Partner shall be considered a “Defaulting Partner.” A Partner that has become a Defaulting Partner shall not be entitled to any additional period in which to cure the default and pay its required Capital Contribution.

  • If this Agreement is terminated by any of the non defaulting Partners pursuant to Clause 18.2 the costs occasioned to the non defaulting Partners shall be met by the Defaulting Partner and the Defaulting Partner shall indemnify the non defaulting Partners against any such losses or costs which the non defaulting Partners suffer as a result of such termination.


More Definitions of Defaulting Partner

Defaulting Partner. As defined in Section 10.8(b).
Defaulting Partner shall have the meaning set forth in Section 5(b)(iii).
Defaulting Partner has the meaning set forth in Section 6.10.
Defaulting Partner has the meaning set forth in Section 4.5.
Defaulting Partner means a Limited Partner who is deemed to have committed a default under the Limited Partnership Agreement.
Defaulting Partner is the general partner or any limited partner of a Sanderling who has previously failed to comply with any portion of a capital call made by Sanderling unless (i) such failure has been cured, or (ii) Sanderling has substituted the Defaulting Partner with another partner, in accordance with the partnership agreement of Sanderling, who is in compliance with such partnership agreement.
Defaulting Partner means, as to the Guarantor, any Partner who or which (a) is considered a "Defaulting Limited Partner" under the terms of the Partnership Agreement or (b) fails to pay any Capital Call Obligation on or before the fifteenth (15th) Business Day following the date on which the General Partner requires such payment pursuant to a written notice of a Capital Call to such Partners, unless and until such failure to pay any such Capital Call Obligation is subsequently cured or waived with the consent of, and to the satisfaction of, the General Partner and the Lender.