Changes to the Partnership Clause Samples

The "Changes to the Partnership" clause defines the procedures and requirements for making modifications to the partnership agreement or the partnership structure. Typically, this clause outlines how amendments can be proposed, the level of partner consent required (such as unanimous or majority approval), and the formal process for documenting any changes. For example, it may specify that all partners must sign a written amendment for it to be valid. The core function of this clause is to ensure that any alterations to the partnership are made transparently and with the agreement of all relevant parties, thereby preventing disputes and maintaining organizational stability.
Changes to the Partnership. Any changes made to the Partnership shall require a: (choose one) ☐ - Majority Vote. A majority vote of the Partners. ☐ - 2/3 Vote. A 2/3 vote of the Partners. ☐ - Unanimous Vote. A unanimous vote of the Partners. ☐ - Other. . Changes to the Partnership shall include, but not be limited to, adding new Partners, transferring ownership of Partner interest, removing the General Partner(s), dissolution of the Partnership, and any other legal, structural, employment, or organizational amendments.
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Changes to the Partnership. If you are a partnership, this Client Agreement shall continue to bind the partnership notwithstanding any change in the constitution, name or membership of the partnership by reason of death, bankruptcy, retirement, disability or admission of new partners or the occurrence of any other event which may dissolve the partnership or otherwise affect its obligations under this Client Agreement.
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Changes to the Partnership. If you are a partnership, the Customer Agreement shall continue to bind the partnership notwithstanding any change in the constitution, name or membership of the partnership by reason of death, bankruptcy, retirement, disability or admission of new partners or the occurrence of any other event which may dissolve the partnership or otherwise affect its obligations under the Customer Agreement. - 10 - ESD-001-E/07 14.1 No Tax or Legal advice You agree that we (including our directors, officers, employees and the Agents) do not provide tax or legal advice. You agree that you make your own decisions and judgments with respect to your Instructions. 14.2 Data not Advice or Recommendation While the Services enable you to access any investment research reports or other data of the Agents through the Internet or other medium, including computerized online data, the availability of such information (and any other suggestion or recommendation communicated to you) do not constitute any advice, opinion or recommendation to buy or sell all or any of the Securities or investment products. Any investment decisions you make will be based solely on your own evaluation in light of your financial circumstances and investment objectives.
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Changes to the Partnership. The Partnership shall not incur any out-of-pocket expense expect an Administrative Fee payable to The Lama▇ ▇▇▇poration and other "direct local costs" as defined below, unless all the partners otherwise agree in writing:
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Related to Changes to the Partnership

  • By the Partnership In the event of a registration of any Registrable Securities under the Securities Act pursuant to this Agreement, the Partnership will indemnify and hold harmless each Selling Holder participating therein, its directors, officers, employees and agents, and each Person, if any, who controls such Selling Holder within the meaning of the Securities Act and the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (the “Exchange Act”), and its directors, officers, employees or agents, against any losses, claims, damages, expenses or liabilities (including reasonable attorneys’ fees and expenses) (collectively, “Losses”), joint or several, to which such Selling Holder, director, officer, employee, agent or controlling Person may become subject under the Securities Act, the Exchange Act or otherwise, insofar as such Losses (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact (in the case of any prospectus or any Written Testing-the-Waters Communication, in the light of the circumstances under which such statement is made) contained in any Written Testing-the-Waters Communication, a Registration Statement, any preliminary prospectus or prospectus supplement, free writing prospectus or final prospectus or prospectus supplement contained therein, or any amendment or supplement thereof, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of a prospectus or any Written Testing-the-Waters Communication, in the light of the circumstances under which they were made) not misleading, and will reimburse each such Selling Holder, its directors, officers, employee and agents, and each such controlling Person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such Loss or actions or proceedings as such expenses are incurred; provided, however, that the Partnership will not be liable in any such case if and to the extent that any such Loss arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission so made in conformity with information furnished by such Selling Holder, its directors, officers, employees and agents or such controlling Person in writing specifically for use in any Written Testing-the-Waters Communication, a Registration Statement, or prospectus or any amendment or supplement thereto, as applicable. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such Selling Holder or any such directors, officers, employees agents or controlling Person, and shall survive the transfer of such securities by such Selling Holder.