Managing General Partner definition

Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

Managing General Partner means the Person designated in this Agreement as the general partner responsible for management of the affairs of the Partnership and thereafter any Person which becomes a general partner responsible for management of the affairs of the Partnership pursuant to this Agreement, in the Person's capacity as a managing general partner of the Partnership. Initially, the Managing General Partner shall be Paxsxx Xxxerprises, Inc.

Managing General Partner means (i) Plains All American GP LLC, a Delaware limited liability company, and its successors and permitted assigns as the general partner of the sole member of the General Partner or (ii) the business entity with the ultimate authority to manage the business and operations of the Partnership.

Examples of Managing General Partner in a sentence

• Any such redemption shall occur on a date set by the Managing General Partner (the “Series 13 Redemption Date”).

• Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the Managing General Partner nor any other Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 13 Holders, other than the Managing General Partner’s duty to act at all times in good faith.

• Such guaranteed payments with respect to any Series 13 Distribution Period shall be for the account of the Series 13 Holders as of the applicable Series 13 Distribution Record Date, or as otherwise reasonably determined by the Managing General Partner.

• Series 13 Holders shall be entitled to receive Series 13 Distributions from time to time out of any assets of the Partnership legally available for the payment of distributions at the Series 13 Distribution Rate per Series 13 Unit when, as, and, if declared by the Managing General Partner.

• To the fullest extent permitted by applicable law, the Managing General Partner and the Partnership may deem and treat any Series 13 Holder as the true, lawful, and absolute owner of the applicable Series 13 Units for all purposes, and neither the Managing General Partner nor the Partnership shall be affected by any notice to the contrary, except as otherwise provided by law.

More Definitions of Managing General Partner

Managing General Partner means Petroleum Development Corporation or its successors, in their capacity as the Managing General Partner.

Managing General Partner. Cedar Fair Management Inc., an Ohio corporation, together with its successors and assigns.

Managing General Partner means the entity executing this Instrument on behalf of the Borrower and/or its successors or assigns in interest.

Managing General Partner means Brookfield Renewable Partners Limited, which serves as BEP’s general partner.

Managing General Partner means Bayou City Exploration, Inc. or its successor, in its capacity as the Managing General Partner.

Managing General Partner means Simon Property Group, Inc., a Delaware corporation.

Managing General Partner means Inergy GP, LLC and its successors and permitted assigns as managing general partner of the Partnership.