I Partner definition
Examples of I Partner in a sentence
The Class I Partner will be admitted to the Partnership as a Limited Partner with respect to the Class I-P Units held by such Class I Partner as of the effectiveness of this Agreement, and the books and records of the Partnership shall be amended to reflect the issuance of Class I-P Units.
Termination of employment of the Class I Partner by the General Partner, the Partnership or any of its affiliates for any reason shall not affect any Class I Units issued prior to such termination.
By signing this document, I (Partner), acknowledge that I have received the full set of the Privacy Policy and Terms and Conditions which are incorporated herein by reference and have agreed to the full set of the Privacy Policy and Terms and Conditions which are incorporated herein by reference.
In consideration for the grant by I Partner of the Options, E Partner agrees to pay, or cause to be paid, to I Partner an amount equal to the Option Price for each Option exercised by E Partner plus interest on such amount at a rate per annum equal to three-month London Interbank Offered Rate (LIBOR) as published in the Wall Street Journal from the Exercise Date as to which such Option was exercised.
All notices, requests, demands, consents and other communications required or permitted to be given hereunder shall be in writing and shall be deemed to have been duly given on the date delivered by hand or mailed by registered or certified mail, postage prepaid or sent by overnight courier, and, pending the designation by written notice of another address, addressed as follows: If to I Partner: ICC Desiccant Technologies, Inc.
Wilshap hereby acknowledges, adopts and agrees to be bound by all of the terms, conditions and covenants of the Partnership Agreement both (i) as a Substituted General Partner to replace I Partner as the sole general partner of FAS with a 1% general partnership interest therein, and (ii) as a Limited Partner of FAS with a 56.6% limited partnership interest therein.
Wilshap is hereby (i) admitted to FAS as a Substituted General Partner (as such term is defined in the Fresh Air Solutions, L.P. Limited Partnership Agreement dated February 27, 1998 (the "Partnership Agreement")) to replace I Partner as the sole general partner of FAS with a 1% general partnership interest in FAS, and (ii) admitted to FAS as a Limited Partner of FAS with a 56.6% limited partnership interest therein, in each case subject to the terms and conditions of the Partnership Agreement.
Clause 47 applies to any interest a Partner (or the Partner's legal personal representative) has after completion of the process set out in Parts G (Retirement from Partnership), H (Transfer after a Partner's Death or Incapacity) or I (Partner Default).
For each Phase that Partner assumes under this Agreement after Phase I, Partner shall deposit an additional Forty Thousand and No/100 Dollars ($40,000.00) into the Reserve Fund (each an “Additional Reserve Fund Deposit”) within ninety (90) days following approval of the Expansion Request for such Phase.
Initially, I Partner shall designate one Individual and E Partner shall designate one individual (each, a 'Management Member') to serve on a committee (the 'Management Committee') which shall be responsible for taking all action required under this Agreement to be taken by the Management Committee.