Addition of Partners Sample Clauses

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Addition of Partners. No additional partners may be admitted to the Partnership without the consent of all the Partners. The addition of a general partner shall be subject to any necessary prior consent of the FCC.
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Addition of Partners. The management committee may from time to time propose that additional partners be invited to join the partnership, and may propose the units of participation and the drawing accounts for each, together with the proposed amendment to the Articles of Partnership, specifi­cally providing for any drawing account, guaranties and other provisions. In each such instance: 1. There shall be given to each partner a notice of at least ten days of a meeting for all partners at which each partner shall be entitled to discuss the proposal fully; each partner shall be entitled to a postponement of that meeting up to a date not less than thirty days after the giving of the ten-day notice. 2. At that meeting the partners may by their affirmative votes (as provided in paragraph 1 of Section B of Article IV) determine that the invitation shall be extended as proposed by the management committee or with such revisions as are determined upon. 3. If the invitation is accepted, the new partner and prior partners holding at least two-thirds of the participating units entitled to vote at the meeting referred to in paragraphs 1 and 2 of this Section B, shall join in executing an amendment to these Articles of Partnership providing for the change in the partnership thus effected.
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Addition of Partners. New partners may be added to this partnership by unanimous vote of all
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Addition of Partners. New partners may be added to this partnership by unanimous vote of all then-existing band members, with the consent of the new partner indicated by signing of a facsimile of this partnership agreement. The then-exisiting band members, in voting to add a new partner, shall denote the capital contribution of the new member, and may limit the percentage of share of the new member for such period of time, or under such terms indefinitely, as may be appropriate based upon the relative shared experience and contribution to band assets including intellectual property of the then-existing band members.
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Related to Addition of Partners

  • Termination of Partnership The Partnership shall terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.

  • Admission of Partners 48 12.1 Admission of Successor General Partner........................... 48 12.2 Admission of Additional Limited Partners......................... 48 12.3 Amendment of Agreement and Certificate of Limited Partnership....

  • Negation of Partnership Landlord shall not become or be deemed a partner or a joint venturer with Tenant by reason of the provisions of this Lease.

  • Formation of Partnership The Managing GP, the Liquidation GP and the Limited Partner agreed to and formed a limited partnership pursuant to the laws of the Province of Ontario on October 5, 2007. The parties hereto have agreed to confirm their agreements relating to the Partnership on the terms and conditions set out in this Agreement. The Partnership will be effective as a limited partnership from October 5, 2007, the date on which the Declaration was filed in accordance with the LP Act, and the Partnership will file any documents necessary as a result of the amendments reflected in this Agreement.

  • Termination of Partnership and Cancellation of Certificate of Limited Partnership Upon the completion of the liquidation of the Partnership’s assets, as provided in Section 13.2 hereof, the Partnership shall be terminated, a certificate of cancellation shall be filed, and all qualifications of the Partnership as a foreign limited partnership in jurisdictions other than the state of Delaware shall be canceled and such other actions as may be necessary to terminate the Partnership shall be taken.