Partnership Expenses definition

Partnership Expenses means all fees, costs, expenses, open purchase orders, liabilities, charges, and other obligations incurred with respect to the conduct of the business of the Partnership and its business and assets, as determined by the General Partner.
Partnership Expenses has the meaning set forth in Section 4.02(a).
Partnership Expenses. As defined in Section 7.4(a).

Examples of Partnership Expenses in a sentence

  • In furtherance thereof, the Liquidating Partner shall: (i) have all of the administrative and management rights and powers of the General Partner (including the power to bind the Partnership); and (ii) be reimbursed for Partnership Expenses incurred during the process.

  • Subject to Section 6.12(d), a Partner shall be entitled to reimbursement for Partnership Expenses paid or incurred by such Partner only with the approval of the General Partner (which approval may be withheld by the General Partner in its sole discretion).

  • Within 45 days following the end of each Fiscal Year or as soon as reasonably practicable thereafter, the General Partner shall provide the LP Advisory Committee with a detailed statement of all Partnership Expenses incurred during such Fiscal Year.

  • The General Partner shall not and shall not cause the Partnership to reimburse any Limited Partner for Partnership Expenses paid or incurred by such Limited Partner unless the Partnership is provided with reasonable documentation relating thereto.


More Definitions of Partnership Expenses

Partnership Expenses means an amount in cash equal to the reasonably documented out-of-pocket expenses (including all fees and expenses of counsel, accountants, investment bankers, experts and consultants) incurred by the Partnership, the Partnership GP and their respective controlled Affiliates in connection with this Agreement and the transactions contemplated hereby up to a maximum amount of $10,000,000.
Partnership Expenses shall have the meaning set forth in the Partnership Agreement.
Partnership Expenses has the meaning set forth in Section 8.02(a).
Partnership Expenses shall have the meaning set forth in Section 6.6(b).
Partnership Expenses. As to any fiscal year or portion thereof, all expenditures, expenses, and charges related to the management and operation of the Partnership and the conduct of its business and affairs and the ownership, leasing, operation, improvement, construction, development, maintenance and upkeep of any of its assets.
Partnership Expenses has the meaning provided in Section 3.3.
Partnership Expenses means the reasonable costs and expenses that in the judgment of the General Partner are incurred by or arise out of the organization and operation of the Partnership, including, without limitation, legal and accounting expenses.