NOTICE PARTNER definition

NOTICE PARTNER. (as defined in Section 6231 of the Code) or a member of a "NOTICE GROUP" (as defined in Section 6223(b)(2) of the Code);
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NOTICE PARTNER has the meaning given such term in Section 7.9.1 hereof.
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NOTICE PARTNER within the meaning of section 6223 of the Code and shall inform each Member of all significant matters that may come to its attention in its capacity as Tax Matters Member by giving notice thereof on or before the fifth Business Day after becoming aware thereof and, within that time, shall forward to each other Member copies of all significant written communications it may receive in that capacity. The Tax Matters Member may not take any action contemplated by sections 6222 through 6232 of the Code without the consent of a Majority Interest, but this sentence does not authorize the Tax Matters Member to take any action left to the determination of an individual Member under sections 6222 through 6232 of the Code. The initial Tax Matters Member shall be the Member so indicated on Exhibit A.
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Examples of NOTICE PARTNER in a sentence

  • Any Member designated as tax matters partner shall take such action as may be necessary to cause each other Member to become a NOTICE PARTNER within the meaning of Section 6223 of the Code.


More Definitions of NOTICE PARTNER

NOTICE PARTNER means, with respect to each separate Protected Partner (including its successors), (i) a single representative designated as the “Notice Partner” in a written notice from the initial Protected Partner to the Operating Partnership or (ii) if no such designation has been made, such initial Protected Partner. There shall be only one Notice Partner at any given time for each Protected Partner (including all of its successors) and in no event shall there be more than five Notice Partners. In no event may two or more Protected Partners designate the same Notice Partner. Except as provided below, in the event that a Notice Partner is unable or unwilling to continue to serve as a Notice Partner, the initial Protected Partner who designated such Notice Partner may designate a replacement Notice Partner in a written notice to the Operating Partnership. In the event that an initial Protected Partner has transferred any OP Units issued pursuant to the Contribution Agreement, then a majority of the holders of the OP Units issued to such initial Protected Partner may designate a new Notice Partner or, in the event that a Notice Partner is unable or unwilling to continue to serve as a Notice Partner, a replacement Notice Partner, in each case in a written notice to the Operating Partnership.
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NOTICE PARTNER has the meaning set forth in Section 11.3.
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Related to NOTICE PARTNER

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Alliance Partner means "Flatworld Trading Pvt Ltd ", who has entered into an alliance agreement with Axis Bank for purpose of providing the Offer.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Selling Partner has the meaning set forth in Section 8.5.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Founding Member means any individual who is either:

  • lay member means a member of the Authority, who is not, nor has been:

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Faculty Member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.

  • Service Partners means any successful vendor who is awarded the proposal or who entered into an agreement with CIPC and/or its clients to offer consulting services in areas such as but not limited to, strategic e-business consulting, evaluation, implementation and continuous improvement or system integration.

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Managing Member is defined in the recitals to this Agreement.

  • Defaulting Partner shall have the meaning set forth in Section 9.1.

  • Preferred Member means a Member holding Preferred Units.

  • General Partner means the general partner of the Partnership.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.