Examples of Partnership Valuation in a sentence
If the Partner Appraised Value is at least eighty percent (80%) of the Partnership Valuation and less than or equal to one hundred twenty percent (120%) of the Partnership Valuation, then the Partnership Percentages shall be based upon the average of the Partnership Valuation and the Partner Appraised Value.
The cost of the second Independent Appraiser shall be borne equally by the Partnership and the Partner(s) objecting to the Partnership Valuation.
If the Partner Appraised Value is less than eighty percent (80%) of the Partnership Valuation or more than one hundred twenty percent (120%) of the Partnership Valuation, then the General Partners and the Partner(s) objecting to the Partnership Valuation shall, within fourteen (14) days from the date of the Partner Appraised Value, mutually agree on a second Independent Appraiser.
If a Partner objects in writing to the Partnership Valuation, such Partner may, at its sole cost and expense and within fourteen (14) days from the date of such written objection, engage an Independent Appraiser to determine within thirty (30) days of such appointment the Fair Market Value of the Partnership Property and the resulting Partnership Percentages in accordance with subsection (a) of this Section 1.68 (the “Partner Appraised Value”).
These are a few examples: hu-amwato suckle 4.4- Reciprocal The reciprocal derivative refers to an action done reciprocally, or done “to one another”.
Following approval at the next meeting, it will be submitted to the Scottish Government and posted on the Ness DSFB website.
On each Partnership Valuation Date, if the Net Pro ts of the Partnership that have been allocated to the Limited Partners exceed the Net Losses so allocated to the Limited Partners, 20% of such excess shall be reallocated on such Partnership Valuation Date to the General Partner (the “Incentive Allocation”); provided that no such Incentive Allocation will be reallocated to the General Partner until the Net Pro ts for the scal year exceed such Partnership loss carryforward amount.
If a Partner objects in writing to the Partnership Valuation, such Partner may, at its sole cost and expense and within fourteen (14) days from the date of such written objection, engage an Independent Appraiser to determine within thirty (30) days of such appointment the Fair Market Value of the Partnership Property and the resulting Partnership Percentages in accordance with subsection (a) of this Section 1.68 (thePartner Appraised Value).
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Generally, Net Pro ts or Net Losses of the Partnership which are allocable to Limited Partners during any scal period will be allocated on each Partnership Valuation Date to Limited Partners in proportion to the number of LP Units held by each of them as at each Partnership Valuation Date, subject to adjustment to re ect subscriptions and redemptions of LP Units made during the scal period, as described below.