Original Partner definition
Examples of Original Partner in a sentence
Partner will ensure that any Original Partner Marketing Materials comply with Section 5 of this Agreement and any other written guidelines that Defendify may communicate to Partner.
Notwithstanding anything to the contrary herein, in the event an Original Partner transfers his Partnership Units to a Permitted Transferee (as defined in each Partnership Agreement), excluding any other Original Partner, such Original Partner shall have the right, on behalf of such transferee, to enforce the provisions of Sections 2.04, 4.02 or 6.01 with respect to such transferred Partnership Units.
Any Dispute concerning such advice shall be subject to the terms of Section 7.09; provided, however, that only an Original Partner shall have the right to object to such advice pursuant to this Section 6.02.
Each Original Partner has contributed to the capital of the Partnership prior to the date hereof.
If the parties, for any reason, are unable to successfully resolve the issues raised in such notice within 30 calendar days after receipt by the Corporation of the Material Objection Notice, the Corporation and the Original Partner shall employ the Reconciliation Procedures as described in Section 7.09 of this Agreement.
Any dispute concerning such advice shall be subject to the terms of Section 7.09; provided, however, that only an Original Partner shall have the right to object to such advice pursuant to this Section 6.02.
The Expert shall be a partner in a nationally recognized accounting firm or a law firm (other than the Advisory Firm), and the Expert shall not, and the firm that employs the Expert shall not, have any material relationship with either the Corporation or the applicable Original Partner or other actual or potential conflict of interest.
Notwithstanding anything to the contrary herein, in the event an Original Partner transfers his Units to a Permitted Transferee (as defined in the LP Agreement), excluding any other Original Partner, such Original Partner shall have the right, on behalf of such transferee, to enforce the provisions of Sections 2.04, 4.02 or 6.01 with respect to such transferred Units.
The Corporation and each applicable Original Partner shall bear their own costs and expenses of such proceeding, unless the Original Partner has a prevailing position that is more than 10% of the payment at issue, in which case the Corporation shall reimburse such Original Partner for any reasonable out-of-pocket costs and expenses in such proceeding.
TCA and SIHL hereby acknowledge that Waterford is about to become the sole Original Partner of TCA and has the right to purchase 50% of the outstanding Original Subordinated Notes from SIHL, all as set forth in a Note Purchase Agreement being executed concurrently herewith (the "Note Purchase Agreement").