PARTNERSHIP AND STOCK INTERESTS Sample Clauses

PARTNERSHIP AND STOCK INTERESTS. The only general partners of the Company are the General Partners, which own an aggregate 1.0101% general partner interest in the Company. The only limited partner of the Company is the Public Partnership, which owns a 98.9899% limited partner interest in the Company. The Company does not have any other partners. Except for Cornerstone Sales & Service Corporation, a Delaware corporation, Flame, Inc., an Arizona corporation, CHC and PCI the Company does not have, and immediately after giving effect to the transactions contemplated by the PCI Agreements will not have, any Subsidiaries or any Investments in any Person (other than Investments of the types described in Section 10.3(a)). CHC is
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PARTNERSHIP AND STOCK INTERESTS. The only general partners of the Company are the General Partners, which own an aggregate 1.0101% general partner interest in the Company. The only limited partner of the Company is the Public Partnership, which owns a 98.9899% limited partner interest in the Company. The Company does not have any other partners. Except for Flame, Inc., an Arizona corporation, Coast Energy Global Services, Inc., a Delaware corporation, Coast Energy Canada, Inc., a Delaware corporation, CHC and PCI the Company does not have any Subsidiaries or any Investments in any Person (other than Investments of the types described in Section 10.3(a)). Cornerstone Sales & Service Corporation was formerly a Restricted Subsidiary but it was merged into the Company on June 24, 1999.
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PARTNERSHIP AND STOCK INTERESTS. The only general partners of the Company are the General Partners which own an aggregate 1% general partner interest in the Company. The only general partners of the Operating Partnership are the General Partners, which own an aggregate 1.0101% general partner interest in the Operating Partnership. The only limited partner of the Operating Partnership is the Company, which owns a 98.9899% limited partner interest in the Operating Partnership. The Operating Partnership does not have any other partners. Except for (i) the Operating Partnership and (ii) Cornerstone Sales & Service Corporation, a Delaware corporation, Flame, Inc., an Arizona corporation, Propane Continental, Inc., a Delaware corporation and Coast Energy Global Services, Inc., a Delaware corporation, each of which is a Wholly Owned Subsidiary of the Operating Partnership, and Coast Energy Canada, Inc., a Delaware corporation which is a Wholly Owned Subsidiary of Coast Energy Global Services, Inc., the Company does not have, and immediately after giving effect to the transactions contemplated by the Operative Agreements will not have, any Subsidiaries or any Investments in any Person (other than Investments of the types described in SECTION 10.4(f)). Each Subsidiary of the Company is a Restricted Subsidiary. 5.3.
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Related to PARTNERSHIP AND STOCK INTERESTS

  • Partnership and Limited Liability Company Interests Except as previously disclosed to the Administrative Agent, none of the Collateral consisting of an interest in a partnership or a limited liability company (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by its terms expressly provides that it is a Security governed by Article 8 of the UCC, (iii) is an Investment Company Security, (iv) is held in a Securities Account or (v) constitutes a Security or a Financial Asset.

  • Transfers of Partnership Interests Except as the Partners may otherwise agree from time to time, a Partner may not Transfer all or any part of its Partnership Interest without the Consent of each other Partner, which Consent may be withheld in the sole discretion of each such other Partner.

  • Membership Interests The Sole Member currently owns one hundred percent (100%) of the percentage interests in the Company.

  • Partnership Interests Except as may otherwise be provided herein, each Partner’s percentage interest in the assets, profits, and distributions of the Partnership (“Partnership Interest”) shall be as set forth in Exhibit B attached hereto and incorporated herein by reference.

  • Shares; Membership Interests (a) The total of the membership interests in the Company shall be divided into (i) Class A Ordinary Shares having the rights and preferences as set forth herein (the “Class A Ordinary Shares”), (ii) Class A Preferred Shares having the rights and preferences as set forth herein (the “Class A Preferred Shares” and, together with the Class A Ordinary Shares, the “Class A Shares”), (iii) Class B Ordinary Shares having the rights and preferences as set forth herein (the “Class B Ordinary Shares”), and (iv) Class C Ordinary Share having the rights and preferences as set forth herein (the “Class C Ordinary Share” and, together with the Class A Ordinary Shares, the Class A Preferred Shares and the Class B Ordinary Shares, the “Shares” and each a “Share”). Class A Ordinary Shares, Class A Preferred Shares and Class B Ordinary Shares shall have the same rights, powers and duties, except as otherwise set forth in this Agreement. The number of Class A Ordinary Shares shall be limited to the maximum number of Class A Ordinary shares offered in the Offering, plus (i) the number of Class A Ordinary Shares which may be issued upon conversion of the Class A Preferred Shares, plus (ii) the number of Class A Ordinary Shares which may be issued upon conversion of the Class B Ordinary Shares. The number of Class A Preferred Shares shall be limited to the number of Class A Preferred Shares which may be issued pursuant to the Management Services Agreement. The number of Class B Ordinary Shares shall be limited to up to 1,000. The number of Class C Ordinary Shares shall be limited to one. Class A Preferred Shares issued pursuant to the Management Services Agreement (“ASA Shares”) may be subject to vesting provisions as set forth in the Management Services Agreement. The Shares of the Members shall be as set forth on Exhibit A attached hereto, which may be updated as set forth herein. For the avoidance of doubt, in the event that all of the Class A Ordinary Shares are not sold pursuant to the Offering, the Board shall, upon the final closing of the Offering, issue a number of Class A Ordinary Shares to the Initial Member equal to the aggregate number of Class A Ordinary Shares that remain unsold in the Offering, as repayment in full of any and all obligations owing to the Initial Member in respect of advances made to acquire the Artwork and true-up fees payable to the Initial Member. The name and mailing address of each Member or such Member’s representative shall be listed on the books and records of the Company maintained for such purpose by the Company or the Transfer Agent.

  • Partnership Units Each Partner shall own Partnership Units in the amounts set forth for such Partner in Exhibit A and shall have a Percentage Interest in the Partnership as set forth in Exhibit A, which Percentage Interest shall be adjusted in Exhibit A from time to time by the General Partner to the extent necessary to reflect accurately redemptions, additional Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on the number of Partnership Units held by, and the Percentage Interest of, any Partner. Each Partnership Unit shall entitle the holder thereof to one vote on all matters on which the Partners (or any portion of the Partners) are entitled to vote under this Agreement.

  • Right to Acquire Limited Partner Interests (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding, the General Partner shall then have the right, which right it may assign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable in its sole discretion, to purchase all, but not less than all, of such Limited Partner Interests of such class then Outstanding held by Persons other than the General Partner and its Affiliates, at the greater of (x) the Current Market Price as of the date three days prior to the date that the notice described in Section 15.1(b) is mailed and (y) the highest price paid by the General Partner or any of its Affiliates for any such Limited Partner Interest of such class purchased during the 90-day period preceding the date that the notice described in Section 15.1(b) is mailed.

  • Common Units The capital structure of the Company shall consist of one class of common interests (the "Common Units"). The Company shall have authority to issue one thousand (1,000) Common Units. Each Common Unit shall have one vote and shall otherwise be identical with each other Common Unit in every respect.

  • Transfers of Limited Partnership Interests 9.1 Restrictions on Transfer of Limited Partnership Interests.

  • General Partnership Interest A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

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