Partnership Officers Sample Clauses

Partnership Officers. (a) The Partnership Governance Committee may select natural persons who are (or upon becoming an officer will be) agents or employees of the Partnership to be designated as officers of the Partnership, with such titles as the Partnership Governance Committee shall determine.
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Partnership Officers. 23 7.2 Selection and Term of Executive Officers ................................ 23 7.3
Partnership Officers. The officers of the Partnership shall consist of a President and Chief Executive Officer ("CEO"), one or more Vice Presidents, a Secretary and such other officers and assistant officers and agents as may be deemed necessary or desirable by the Partnership Governance Committee. Officers shall be elected or appointed pursuant to Partnership Governance Committee Action (subject to Section 3.8.(X)) and shall have such authority and shall perform such duties in the management of the Partnership as may be provided in this Agreement or as may be determined by resolution of the Partnership Governance Committee (consistent with Section 3.8.(O)). In its discretion, the Partnership Governance Committee may leave unfilled any office or offices, except those of CEO and Secretary. Two or more offices may be held by the same person. The officers of the Company on the Conversion Date shall remain in office until such officers are changed by Partnership Governance Committee Action.
Partnership Officers. The Management Committee may appoint employees of any Partner or their Affiliates to serve as officers of the Partnership, and such officers may include a chief executive officer, a president, a senior vice president, one or more vice presidents, a treasurer, a secretary, one or more assistant secretaries, one or more assistant treasurers, a general counsel, a controller and an assistant general counsel. Any such officers so appointed shall serve at the pleasure of the Management Committee and shall have such duties as the Management Committee shall determine.
Partnership Officers. 3.1.1 The General Partner may select natural persons who are (or upon becoming an officer will be) agents or employees of the Partnership to be designated as officers of the Partnership, with such titles as the General Partner shall determine. Such designation shall be authorized by an officer of the General Partner (or, an officer of its general partner if the General Partner has no officers).
Partnership Officers. (i) The Partnership will have a dedicated management team that will be appointed by the Member consisting of a chief executive officer, a chief financial officer, and the senior-most responsible employee for each of the following: (A) terminal operations; (B) commercial operations; (C) legal; (D) Gas supply and trading; (E) pipelines; (F) upstream; (G) accounting; (H) tax; (I) human resources; (J) information technology; (K) HSSE; and (L) and any other function or department designated from time to time by the Member (each, a “Partnership Officer” and collectively, the “Partnership Officers”). During a period of up to 12 months following the Phase 1 Project FID Date (or, in the case of the Partnership Officers responsible for accounting and tax, until the filing of the Member’s Form 10-K with the U.S. Securities and Exchange Commission for the calendar year after the year in which the Phase 1 Project FID Date occurs) (as applicable, the “Transition Services Period”), the Partnership Officers may be employees of the Member and its Affiliates who are contracted to perform services on behalf of the Partnership in exchange for the reimbursement of all associated expenses under the terms of a transition services agreement entered into by the Member and the Partnership on or prior to the Phase 1 Project FID Date (the “Transition Services Agreement”). Such Transition Services Agreement may also provide for services from other employees of the Member and its Affiliates to the Partnership during the Transition Services Period. After the Transition Services Period, all Partnership Officers shall be employees of the Partnership (and not of the Member or any of its Affiliates, excluding the Partnership and its Affiliates). Any Partnership Officer or employee of the Partnership that ceases to serve the Partnership in such capacity may be employed by the Member or one or more of its Affiliates following cessation of such employment. The Partnership Officers shall be responsible for the day-to-day operations of the Partnership. Notwithstanding any grant of authority by the Member, no Partnership Officer shall be permitted to take any action on behalf of the Partnership that would require the approval of the Board hereunder without the prior approval of the Board as provided herein. The authority of the Partnership Officers is restricted to those actions authorized from time to time by the Member and, where necessary, the Board, including those actions authorized pursuant...
Partnership Officers. 24 7.2 Selection and Term of Executive Officers . . . . . . . . . . . . . . . . . . . . . . . 24 7.3
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Partnership Officers. Printing Corp may assign such officer titles to employees and agents of the Partnership, and delegate to any employees and agents of the Partnership such other authority and duties in connection with the management of the business and affairs of the Partnership, as Printing Corp may deem advisable from time to time. Unless Printing Corp determines otherwise, if the title is one commonly used for officers of a business corporation, then the assignment of such title shall constitute the delegation of the authority and duties that are normally associated with that office, subject to any specific delegation of authority and duties made by Printing Corp. Any number of titles may be held by the same individual. Printing Corp may revoke any such title or delegation at any time. Printing Corp may remove any officer at any time, with or without cause and notwithstanding the contract rights, if any, of the officer removed. The appointment of an officer does not itself create contract rights.

Related to Partnership Officers

  • Company Ownership of Other Entities The Company does not own an interest in any corporation, partnership, limited liability company, joint venture, trust or other entity.

  • Ownership of the Operating Company The Partnership owns, and at each Date of Delivery will own, all of the issued and outstanding membership interests of the Operating Company; such membership interests have been duly authorized and validly issued in accordance with the limited liability company agreement of the Operating Company (the “Operating Company LLC Agreement”) and are fully paid (to the extent required by the Operating Company LLC Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Section 51 of the Xxxxxxxx Islands LLC Act); and the Partnership owns such membership interests free and clear of all Liens other than those Liens arising under the Partnership’s revolving credit facility, as amended, with a capacity of up to $295.0 million (the “Credit Facility”). As of the date of this Agreement, the only subsidiaries of the Partnership are, and at each Date of Delivery, the only subsidiaries of the Partnership will be, the Operating Company and the Operating Subsidiaries.

  • Partnership Name The name of the Partnership is “OZ Advisors II LP.” The name of the Partnership may be changed from time to time by the General Partner.

  • BUSINESS OF THE PARTNERSHIP The purpose and nature of the business to be conducted by the Partnership is (i) to conduct any business that may be lawfully conducted by a limited partnership organized pursuant to the Act, provided, however, that such business shall be limited to and conducted in such a manner as to permit the General Partner at all times to qualify as a REIT, unless the General Partner otherwise ceases to qualify as a REIT, and in a manner such that the General Partner will not be subject to any taxes under Section 857 or 4981 of the Code, (ii) to enter into any partnership, joint venture, co-ownership or other similar arrangement to engage in any of the foregoing or the ownership of interests in any entity engaged in any of the foregoing and (iii) to do anything necessary or incidental to the foregoing. In connection with the foregoing, and without limiting the General Partner’s right in its sole and absolute discretion to qualify or cease qualifying as a REIT, the Partners acknowledge that the General Partner intends to qualify as a REIT for federal income tax purposes and upon such qualification the avoidance of income and excise taxes on the General Partner inures to the benefit of all the Partners and not solely to the General Partner. Notwithstanding the foregoing, the Limited Partners agree that the General Partner may terminate its status as a REIT under the Code at any time to the full extent permitted under the Charter. The General Partner on behalf of the Partnership shall also be empowered to do any and all acts and things necessary or prudent to ensure that the Partnership will not be classified as a “publicly traded partnership” for purposes of Section 7704 of the Code.

  • Formation of the Partnership The Partnership was formed as a limited partnership pursuant to the provisions of the Act and the Original Agreement and continued upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

  • Partnership Nothing in this Agreement shall constitute or shall be deemed to constitute a partnership between the parties hereto and save as set out herein, neither party shall have any authority or power to bind the other party or to contract in the name of or create a liability against the other party.

  • General Partner (a) The business, property and affairs of the Partnership shall be managed under the sole, absolute and exclusive direction of the General Partner, which may from time to time delegate authority to officers or to others to act on behalf of the Partnership.

  • Formation of Partnership The Partnership was formed on August 3, 2018 pursuant to the provisions of the Delaware Act.

  • Subsidiaries and Partnerships Borrower has no subsidiaries and is not a party to any partnership agreement or joint venture agreement.

  • Ownership of Other Entities Other than the subsidiaries of the Company listed in Exhibit 21 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, the Company, directly or indirectly, owns no capital stock or other equity or ownership or proprietary interest in any corporation, partnership, association, trust or other entity.

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