General Partner definition

General Partner means the Company or its successors as general partner of the Partnership.

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General Partner has the meaning set forth in the Preamble.

General Partner means a partner in a partnership and a general partner in a limited partnership.

Examples of General Partner in a sentence

Notwithstanding the foregoing, the General Partner may make such allocations as it deems reasonably necessary to give economic effect to the provisions of this Agreement, taking into account facts and circumstances as the General Partner deems reasonably necessary for this purpose.
Each Partner shall furnish the General Partner with such information, forms and certifications as it may require and as are necessary to comply with the regulations governing the obligations of withholding tax agents, as well as such information, forms and certifications as are necessary with respect to any withholding taxes imposed by countries other than the United States and represents and warrants that the information and forms furnished by it shall be true and accurate in all respects.
The General Partner shall not be liable for monetary damages for losses sustained, liabilities incurred, or benefits not derived by Limited Partners in connection with such decisions, provided that the General Partner has acted in good faith.
Whenever the General Partner selects the option set forth in clause (ii) of the immediately preceding sentence for repayment of a Tax Advance by a Partner, for all other purposes of this Agreement such Partner shall be treated as having received all distributions unreduced by the amount of such Tax Advance.
The General Partner shall not be responsible for any misconduct or negligence on the part of any such agent appointed by it in good faith.

More Definitions of General Partner

General Partner is defined in the introduction to this Agreement.

General Partner has the meaning set forth in the first paragraph of this Agreement.

General Partner has the meaning set forth in the preamble to this Agreement.

General Partner means any Person who (a) is referred to as such in the first paragraph of this Agreement and whose name is set forth on Exhibit A to this Agreement as a General Partner, or who has become a General Partner pursuant to the terms of this Agreement, and (b) has not ceased to be a General Partner pursuant to the terms of this Agreement. “General Partners” means all such Persons.

General Partner means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner.

General Partner has the meaning set forth in the recitals.

General Partner means a general partner of a limited partnership.