NPI Partnership definition

NPI Partnership means the general partnership governed under and pursuant to this Agreement, as said general partnership may from time to time be constituted.
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NPI Partnership means the general partnership of which the Limited Partnership shall be a general partner.
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Examples of NPI Partnership in a sentence

  • Any terms used in this Agreement which are defined in the NPI Partnership Agreement and are not otherwise defined herein shall have the respective meanings set forth in the NPI Partnership Agreement.

  • The NPI Partnership may maintain such other books and records and may provide such financial or other statements as the Managing Partner in its discretion deems advisable.

  • Without limiting the generality of the foregoing, the General Partner and its Affiliates shall have the right to organize and operate other partnerships, joint ventures or other oil and gas investment programs similar to the Limited Partnership or the NPI Partnership.

  • However, all present and future Partners hereby agree among themselves to contribute to each other the amount of funds necessary to effectuate a sharing of such NPI Partnership obligations and recourse liabilities in proportion to each Partner's share of such obligations and liabilities at the time of their accrual.

  • The Managing Partner shall not deposit NPI Partnership funds in an account with any bank in an aggregate amount in excess of 5% of such bank's total assets.

  • Any portion of the Capital Contribution of the Limited Partnership (except for necessary operating capital) that has not been expended or that is not, or in the determination of the Managing Partner, will not be committed for expenditure by the second anniversary of the Activation of the NPI Partnership will promptly be refunded to the Limited Partnership as a return of part of its Capital Contribution at the earlier of such determination or the second anniversary of the Activation of the NPI Partnership.

  • The Managing Partner shall devote such time to the NPI Partnership as is reasonably required to carry on the NPI Partnership business, and the Managing Partner and its Affiliates shall at all times be free, subject to any restrictions contained herein, to engage in all aspects of the Hydrocarbons and natural resources business for their own accounts and for the accounts of others.

  • Without limiting the generality of the foregoing, the Managing Partner and its Affiliates shall have the right to organize and operate other partnerships, joint ventures or other oil and gas investment programs similar to the Limited Partnership and the NPI Partnership.

  • The Fiscal Year of the NPI Partnership shall be the calendar year to the extent permissible and the Managing Partner shall use its best efforts to obtain any necessary approvals therefor.

  • The Managing Partner shall arrange to prosecute, defend, settle or compromise actions at law or in equity at the expense of the NPI Partnership as may be necessary to enforce or protect the interests of the NPI Partnership.

Related to NPI Partnership

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Operating Partnership has the meaning set forth in the preamble.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • Partnership has the meaning set forth in the Preamble.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • GP means Gottbetter & Partners, LLP.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Domestic partnership means an association of two or more persons to carry on as co-owners a

  • General Partner has the meaning set forth in the Preamble.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • ARP means the location or address of the party designated by the Home Carrier as the delivery point for its CIBER records and authorized agent for performing CIBER edits.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Business Partner means a legal entity that requires use of a training service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.