Examples of Partnership Agreement in a sentence
Further, unless defined otherwise for a particular provision of this Partnership Agreement, the phrase "majority of partners" means the vote of partners whose combined votes equal more than 50% of the votes of all partners in this General Partnership.
The Parties, through the present Partnership Agreement, lay down the rules of procedures for the activities to be carried out and the relations that shall govern the partnership set up in order to successfully and efficiently implement the above-mentioned cross-border Project.
The Lead Partner is responsible for the overall co-ordination and effective implementation of the Project and shall take all the steps needed to correctly manage the Project in accordance with the application approved by the Monitoring Committee and in line with the Subsidy Contract and the Partnership Agreement.
This Partnership Agreement represents the entire agreement among the partners, and it shall not be amended, modified or replaced except by a written instrument executed by all the parties to this agreement who are current partners of the General Partnership as well as any and all additional parties who became partners after the adoption of this agreement.
The Partnership Agreement is valid from the date of signature by all Parties and enters into force from the day the Subsidy Contract between the Managing Authority and the Lead Partner enters into force.