Local Partner definition
Examples of Local Partner in a sentence
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The decision to admit a Local Partner will be determined by a majority vote of the Management Committee, unless such proposed Local Partner will acquire more than a fifty percent (50%) interest in a local venture for the U.K./Benelux territory or the "GS Territory" (as defined in that certain letter agreement between Bloomfield Mercantile, Inc.
The simplified financial report shall show: The total balance in the Project of the Local Partner Organisation The total balance in the Project of Partners in subsequent step Prognosis of the total sum of the Local Partner Organisation’s payments for the period until the next disbursement Any unused funds.
Nevertheless, MAKMENDE shall – if this comes to the benefit of the Production - consult and inform the Client and the Local Partner as often as required.
The Client nor the Local Partner are allowed to reproduce and/or disclose the Production without prior written consent of MAKMENDE.
Subject to the Territory obtaining the Local Partner Approval and International Partner Approval, each of the Territory and Sub has all requisite corporate power and authority to enter into the Transaction Agreements to which it is a party, to comply with the terms of such Transaction Agreements and to consummate the transactions contemplated thereby.
Prior to distributing the Local Partner Information Memorandum (or any amendment or supplement thereto), the Territory shall (i) provide PwCIL, LuxCo and BermudaCo an opportunity to review and comment on such document, (ii) include in such document all comments reasonably proposed by PwCIL, LuxCo and BermudaCo and (iii) not distribute such document prior to receiving the approval of PwCIL, LuxCo and BermudaCo, which approval shall not be unreasonably withheld, delayed or conditioned.
Disbursement will be made according to the following provisional disbursement plan: [Insert provisional disbursement plan] Disbursement is made after the Local Partner Organisation has submitted a written requisition to the Swedish Partner Organisation.
The Local Partner shall ensure that the secure portal is accessible by authorised personnel of the Local Partner.
If at a time when PEGI (alone, or collectively with one or more of its Affiliates) owns less than a 50% interest in the Company, the Company wishes to admit a third party as a Local Partner for the U.K./Benelux territory or the GS Territory (a "Proposed Partner"), and such Proposed Partner is to acquire an ownership interest in such local venture that exceeds 33%, PEGI may recommend that the Company not admit such Proposed Partner.