Partnership Accounts definition

Partnership Accounts accounts prepared in respect of the Northern Ireland Business as carried on by the Covenantors in partnership (or either of the Covenantors as sole trader) from time to time and reported on as such by the Seller's Accountants or such other firm of chartered accountants as shall report on such accounts from time to time;

Partnership Accounts means Mudarabah Investment Account(s) registered as a partnership account; “PDPA” means the Personal Data Protection Act 2010 and the rules and regulations issued pursuant thereto; “PIN” means Personal Identification Number;

Partnership Accounts has the meaning ascribed to such term in SECTION 6.7.

Examples of Partnership Accounts in a sentence

• Account (at cost & at IP)- normal and abnormal losses, Independent branch- concept of wholesale profit and basic idea of incorporation.4. Partnership Accounts- P/L Appropriation Account ; capital and current Account; Guarantee- by firm, by partner and both; Correction of Appropriation items with retrospective effect.

• In the event the Partnership Account(s) is a Current Account with other banking facilities, the partners hereby agree that upon the death of any one of them, the Bank shall be entitled to freeze the operation of the said Banking Accounts and decide on the next course of action as its sole and absolute discretion.

• The instructions and mandate given for operation of the Partnership Account(s) shall remain in force until revoked in writing and substituted with fresh instructions and mandate and shall apply notwithstanding any change in the membership of the firm whether by death, bankruptcy, retirement or otherwise and/or the admission of new partner(s) and/or the termination of any power(s) of any partners(s) of the firm.

• In the event you are a Limited Liability Partnership registered under the Limited Liability Partnerships Act 2012 (Act 743), Clause 20.2.2 (Operation of Partnership Accounts) of the Conditions does not apply.

• The partners shall be jointly and severally responsible for all the liabilities of the Partnership Account(s) and that all provisions governing the Partnership Account(s) and services thereto shall bind the partners jointly severally.

More Definitions of Partnership Accounts

Partnership Accounts has the meaning assigned to it in Section 7.5.

Partnership Accounts means Mudarabah Investment Account(s) registered as a partnership account;

Partnership Accounts. A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit.

Partnership Accounts means, whether one or more, the bank account or accounts of the Partnership, to be held with Bank of America or another creditworthy bank.

Partnership Accounts. Section 2.2(c) “Party(ies)” Parties’ section “Pension Arrangements” Section 4.2(h) “Pension Deficit” Section 4.2(g) “Pension Schemes” Section 6.2(k) “Pre-Transfer Date BSN Accounts” Section 5.8(b) Expression Where defined “Pre-Transfer Date Dividends” Section 3.1(b) “Purchase Price” Section 4.1

Partnership Accounts the audited accounts of the HCL Network Partnership for the period ended on and as at the Accounts Date, a copy of which is in Exhibit A;

Partnership Accounts shall have the meaning set forth in Section 2.8(a).