Former Partners definition
Examples of Former Partners in a sentence
Such books and records shall be maintained in accordance with GAAP, which shall be the basis for the preparation of the financial reports to be delivered to Partners and Former Partners pursuant to this Article IX.
Former Partners and their agents or attorneys shall have access to such books and records pertaining to the period which they were Partners of the Partnership.
In the event of the Withdrawal of a Class B Limited Partner, the interest of such Former Partner in the Partnership shall terminate and the Former Member, or his or her personal representative, shall be entitled only to the payments and distributions provided for in such Former Partner's Restricted Units Agreement, all on the terms and conditions set forth in such agreement.
In the event of the Withdrawal of a Class B Limited Partner, the interest of such Former Partner in the Partnership shall terminate and the Former Partner, or his or her personal representative, shall be entitled only to the payments and distributions provided for in such Former Partner's Restricted Units Agreement, all on the terms and conditions set forth in such agreement.
The initial capital contributions were made by the Former Partners.
The provisions of this Section 7.4 shall survive the termination of any Partner’s interest in the Partnership and shall remain binding on the Partnership, the Partners, and Former Partners for so long as necessary to resolve with the IRS any and all matters regarding the U.S. federal income taxation of the Partnership, the Partners, and Former Partners with respect to any item that may be the subject of an audit of a U.S. federal income tax return of the Partnership.
To the fullest extent permitted by applicable law, each Partner and Former Partner (each, an “Indemnifying Partner”) hereby 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 in accordance with the provisions of Section 9.3, mutatis mutandis.
Across a wide range of indicators – from perceived risk of contracting the virus and severity of illness to general anxiety about what the future holds and predictions about case numbers in the U.S. – Democrats perceive more personal vulnerability to the virus and express higher levels of concern about their own and others’ health.
Notwithstanding any provision of this Agreement to the contrary, Partnership Level Taxes shall be treated as attributable to the Partners and Former Partners.
PERIOD 4.1 No later than six months prior to the expiry of the Initial P.I. Period a committee consisting of three representatives of WWLLP (the "P.I. Committee") shall meet with WWL to discuss their respective proposals for dealing with the insurance requirements of WWLLP, WWP, the Former Partners and the Partners in respect of Professional Liability Claims following the expiry of the Initial P.I.