Former Partner definition
Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.
Former Partner means (i) a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.58; (ii) a Partner who has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.6; (iii) a Partner who has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.53; and (iv) a Partner who ceases to be a “Participating Stockholder” under Section 1.14 of the HBB Stockholders’ Agreement.”
Former Partner means each Person that ceases to be a Partner, whether voluntarily or otherwise, in accordance with this Agreement.
Examples of Former Partner in a sentence
To the fullest extent permitted by applicable law, each Partner and Former Partner (the “Indemnifying Partner”) ▇▇▇▇▇▇ agrees to indemnify and hold harmless the Partnership and the other Partners and Former Partners from and against the nonpayment of the Indemnifying Partner’s Allocated Share.
Each Partner and Former Partner agrees to promptly provide the Partnership Representative with information reasonably requested by the Partnership Representative in order for it to submit Imputed Underpayment Modifications to the IRS on a timely basis.
More Definitions of Former Partner
Former Partner. , in relation to a taxpayer, means a person who was a member of a partnership—
Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.87; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.23; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.8; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.83; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.
Former Partner means each such Person as hereafter from time to time ceasing to be a Partner, whether voluntarily or otherwise, in accordance with the terms of this Agreement.
Former Partner means a Member's former spouse or Civil Partner to whom benefits are payable pursuant to an Order; and
Former Partner means any Person that held an Interest as a partner but has ceased to be a Partner.
Former Partner means each such Person as hereafter from time to time ceases to be a Partner, whether voluntarily or otherwise, in accordance with this Agreement.
Former Partner. Any Person who was a Reviewed Year Partner but is not an Adjustment Year Partner.