Defaulting Partner definition
Defaulting Partner shall have the meaning set forth in Section 9.1.
Defaulting Partner shall have the meaning set forth in Section 4.5 hereof.
Defaulting Partner has the meaning set forth in Section 6.10.
Examples of Defaulting Partner in a sentence
All payments to be made to a partner pursuant to this Section 8.9 shall be subject to set-off for any and all damages caused to the Partnership by a Defaulting Partner and for other unperformed obligations of a Partner owing to the Partnership.
More Definitions of Defaulting Partner
Defaulting Partner. As defined in Section 10.8(b).
Defaulting Partner has the meaning set forth in Section 5.1(b).
Defaulting Partner shall have the meaning set forth in Section 3.3(a).
Defaulting Partner has the meaning set forth in Section 6.6.1. “Default Notice” has the meaning set forth in Section 6.6.1. “Designated Individual” has the meaning set forth in Section 15.3.3.
Defaulting Partner shall have the meaning assigned to such term in Section 3.6(d).
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.