Principles of Partnership Clause Samples

The Principles of Partnership clause defines the foundational values and expectations that guide the relationship between the parties in a partnership agreement. It typically outlines key concepts such as mutual trust, good faith, shared decision-making, and equitable treatment, setting the tone for how partners should interact and resolve disputes. By establishing these guiding principles, the clause helps ensure that all parties are aligned in their approach to collaboration, reducing misunderstandings and fostering a cooperative working environment.
Principles of Partnership. 4.1. The Partners recognise the following benefits of stronger partnership working on place-based working in Hertfordshire: • Building on the strengths of the two-tier system of local government, delivering at a local level while solving problems at a larger scale; • Identifying and delivering local needs in collaboration with other strategic partners such as NHS, Police Constabulary and local businesses; • Responding to challenges that extend beyond local authority boundaries such as strategic infrastructure delivery, traffic congestion, air quality, carbon reduction and affordable housing; • Providing leadership of place at a county wide scale, helping to deliver joined up strategic and spatial planning appropriate for Hertfordshire’s villages, towns, and cathedral city; • Delivering at scale, with greater impact (the sum of what the Partners deliver together being greater than the sum of each individual authority’s part) and with a single voice and message that commands the attention of government, investors and residents. 4.2. The Partners agree to the following principles to achieve the core objectives and aims set out in paragraph 3 above: • The shared growth agenda – the Partners will individually work towards the Partners’ shared growth challenges and ambitions, and in alignment with a collective coherent growth programme. The Partners may take advantage of their collective scale to maximise impact and shall endeavour to work across departments, authorities and boundaries; • Strategic alignment – the Partners will seek strategic alignment with the emerging Hertfordshire Local Industrial Strategy, the emerging North East Central Herts and South West Herts Joint Strategic Spatial Plans, other groups and forums within Hertfordshire, regional bodies and neighbouring areas; • Governance – the Partners will collectively secure the right governance, scrutiny, and transparency arrangements for the Hertfordshire Growth Board and underlying programmes, mindful of our local political environment and two-tier system of government. Local identity is one of Hertfordshire’s strengths and the Partners will ensure that local identities and voices are not lost, and that pragmatic and flexible policies reflect local need; • Designed around places – the Partners will support the development of Joint Strategic Spatial Plans and adopt a place-based delivery approach that addresses our shared challenges – connectivity, affordable homes, inclusive economic growth, protect...
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Principles of Partnership. All members are expected to agree to our principles of partnership. These are set out at Annex A.
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Principles of Partnership. The United States of America has a real, profound and enduring interest in the independence, sovereignty, and territorial integrity, and security of Latvia, Estonia, and Lithuania.
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Principles of Partnership. The scale and nature of the ambition of the SP Assessment is only possible through a harmonised approach among agencies. It is therefore important from the outset that there are agreed principles of engagement in the SP Assessment. All agencies in SPIAC-B are expected to bring about and enhance a positive working relationship and boost levels of cooperation with regard to the SP Assessment. The principles of partnership are: • Mutual accountability. Mutual accountability requires a shared understanding of the nature of the partnership and a shared commitment to implement the partnership between stakeholders • Constructive engagement – recognizing that there is a need to work together but that this requires sustained and continuous engagement. Ad hoc and inconsistent engagement creates gaps in institutional knowledge as well as disharmony among agencies. • Incremental transformation –the best can often be the enemy of the good, and agencies may need to be prepared to compromise in order to achieve a longer-term change. An incremental approach and ongoing engagement with different agencies will help experience-based learning and the identification of opportunities for improvement of tools moving forward. • Reduced transaction costs – The motivation for the SP Assessment should be remembered at all times: the level of organisation achieved through the SP Assessment will reduce government transaction costs considerably compared with alternatives, and fragmentation of programmes in-country will be minimised.
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Principles of Partnership. Council and the Organisation will reasonably seek to ensure that the Partnership operates in a manner which: 4.1 considers the dignity, privacy, worth, independence and basic human rights of individuals; 4.2 builds the capacity of the community involved in the Partnership, allowing the community to better address its concerns, issues and needs; 4.3 makes available information to the public about the operation of the Partnership, including inquiry and complaint procedures; 4.4 provides a safe working environment; 4.5 takes account of equal opportunity principles; 4.6 facilitates the participation of individuals within the Organisation in decision making; and 4.7 utilises linkages with other projects or services.
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Related to Principles of Partnership

  • 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.

  • Management of Partnership (Check One) ☐ - Partnership: The business and affairs of the Company shall be conducted and managed by the Partners in accordance with this Agreement and the laws of the State of Nebraska. Except as expressly provided elsewhere in this Agreement, all decisions respecting the management, operation and control of the business and affairs of the Partnership and all determinations made in accordance with this Agreement shall be made by the affirmative vote or consent of Partners holding a majority of the percentage interest of the Partnership. Notwithstanding any other provision of this Agreement, the Partners shall not, without the prior written consent of the unanimous vote or consent of the Partners, sell, exchange, lease, assign or otherwise transfer all or substantially all of the assets of the Partnership; sell, exchange, lease (other than space leases in the ordinary course of business), assign or transfer the Partnership’s assets; mortgage, pledge or encumber the Partnership’s assets other than is expressly authorized by this Agreement; prepay, refinance, modify, extend or consolidate any existing mortgages or encumbrances; borrow money on behalf of the Partnership in the excess of $ .00; lend any Partnership funds or other assets to any person in an amount or with a value in excess of $ .00; establish any reserves for working capital repairs, replacements, improvements or any other purpose, in excess of an aggregate of$ .00; confess a judgment against the partnership; settle, compromise or release, discharge or pay any claim, demand or debt in excess of $ .00, including claims for insurance; approve a merger or consolidation of the Partnership with or into any other limited liability company, corporation, partnership or other entity; or change the nature or character of the business of the Partnership. ☐ - Limited Partnership: Except as otherwise set forth herein, the General Partner shall have control of the Partnership and exercise ordinary business judgment in managing the Partnership. The General Partner shall have the power and authority including, but not limited to the following: a. Borrow money from third parties to finance the Partnership’s activities on terms the General Partner deems appropriate; b. Hire, employ and retain services of personnel to facilitate the purposes of the Partnership; c. Acquire real and personal property upon terms and conditions deemed by the General Partner to be beneficial to the partnership d. Take any and all other action which is lawful and customary and reasonable as related to the conduct of the Partnership and its purposes. The General Partner shall not be liable to the Limited Partners for any mistake of fact or judgment or investment loss unless such mistake of fact or judgment or loss of investment was the result of fraud, deceit or gross negligence on the part of the General Partner. Notwithstanding the foregoing, the Limited Partners must approve by a majority vote of their percentage interests the following actions of the Partnership: a. Veto the General Partner’s Capital Call; b. Admission of either an additional Limited Partner of General Partner; c. Amendment of this Agreement; d. Consent to dissolution; e. Election of a new General Partner. ☐ - Limited Liability Partnership: Except as otherwise set forth herein, the Managing Partner shall have control of the Partnership and exercise ordinary business judgment in managing the Partnership. The Managing Partner shall have the power and authority including, but not limited to the following:

  • 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.

  • 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.

  • Dissolution of Partnership 53 Section 15.2 Return of Capital Contribution upon Dissolution......