Outside Partner definition

Outside Partner means any Partner other than a UDR Partner.

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Outside Partner means, with respect to any Outside Partnership, any Third Party Entity that is a partner or member in such Outside Partnership.

Outside Partner means a partner whose name was not entered on any such list as aforesaid on the appointed day and has not been so entered before the relevant date; and each of the said expressions shall, in the case of a deceased person who immediately before his death was a listed partner, a new listed partner or an outside partner, be construed, where the context so requires, as referring to the personal representative of that person. For the purpose of the aforesaid definitions the relevant date shall, in relation to any obligation imposed or option conferred on any such partner by the partnership agreement, be deemed to be the date on which the obligation is required to be performed or would but for this section be required to be performed, or, as the case may be, the date on which the option is first exercisable.

Examples of Outside Partner in a sentence

Thereafter, the Partnership and the Outside Partner shall determine the Purchase Price in accordance with Section 1.52.
If a Selling Partner or Outside Partner (for purposes of this Section 1.52, the "Objecting Party") does not provide written objections to Partnership concerning the Initial Value set forth in the Valuation Notice within 10 days after the date of such Valuation Notice, the Purchase Price shall be equal to the Initial Value.
Any Offered Interests or Options Interests shall first be allocated to members of the Family Group (the "Original Holders") (i) in which the Selling Partner is the Initial Limited Partner or a Family Member, or (ii) if the Selling Partner is an Outside Partner, from which the Selling Partner, or his, her or its predecessors in interest, acquired such Offered Interests or Option Interests, to the extent such Original Holders have elected to purchase the Offered Interests or Option Interests.
Purchase or otherwise acquire the interest of any Outside Partner in any Partnership in any other manner, subject to the terms set forth in Section 9.8.
With respect to the initiation by any Outside Partner or any buy/sell, forced sale or marketing process under any Outside Partnership Agreement, the determination on behalf of the Company or applicable Subsidiary Entity that is the partner in the applicable Outside Partnership of the election to be made in response to the initiation of such process (i.e., the election to buy, or to sell or to choose such other option as may be permitted under the applicable Underlying Partnership Documents).
If the granting or recording of a JRI Option Agreement is prohibited by the terms of the relevant Continuing Loan or, in the case of a Partial Property, the terms of the organizational documents of the Partial Property Owner, JRI will be responsible for obtaining any required consent of the lender for that Continuing Loan or the relevant Outside Partner, as the case may be, prior to the granting or recording of such JRI Option Agreement, as applicable.
Instead, the number of OP Units to be issued to each Outside Partner in the Exchange Offer shall be rounded to the nearest whole number of OP Units, with one-half of the OP Unit being rounded up to a whole OP Unit.
No fractional OP Units shall be issued to any Eligible Outside Partner in the Exchange Offer.

More Definitions of Outside Partner

Outside Partner means a Partner, other than Clar▇ ▇. ▇▇▇▇▇▇, ▇▇o is not then a member of a Family Group, including, without limitation, a Partner who has ceased to be a Family Member pursuant to the terms of Sections 1.17(a) 1.17(b), 1.17(c).

Outside Partner means any Person owning a Beneficial Interest in an Owning Entity, who has no Beneficial Interest in Owner other than through the ownership of publicly traded shares in a constituent partner of Owner.

Outside Partner means a Partner, other than Clara T. Rankin, who is not then a member of a Family Group, including, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ion, a Partner who has ceased to be a Family Member pursuant to the terms of Sections 1.17(a), 1.17(b) or 1.17(c).