Additional Partnership Units definition

Additional Partnership Units shall have the definition assigned to such term in Section 6.3 hereof.
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Additional Partnership Units has the meaning set forth in Section 3.6.
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Additional Partnership Units has the meaning set forth in Section 4.2(a) hereof.
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Examples of Additional Partnership Units in a sentence

  • In the event that the Partnership issues Additional Partnership Units pursuant to the provisions of Article 4 hereof (subject to Section 4.2(c)), the General Partner is hereby authorized to reallocate only the Distributions allocable to Partners other than the Xxxxxxx Limited Partners as necessary or desirable to reflect the issuance of such Additional Partnership Units.

  • Section 5.5 Distributions to Reflect Issuance of Additional Partnership Units.

  • Thereafter, to the General Partner.B. Allocations to Reflect Issuance of Additional Partnership Units.

  • See Small Business Administration, Statistics ofU.S. Businesses, U.S. static data (2014 data), https://www.sba.gov/advocacy/firm-size-data (last visited Sept.

  • Determination of Additional Partnership Units Earned Through Leasing Activities.

  • Additional Partnership Units to --------------------------------------------------------------- Limited Partners.

  • Except as expressly provided to the contrary herein, without the prior consent of each Limited Partner, the General Partner may not admit any additional Partners other than such Substituted Limited Partners as shall be permitted hereunder and may only issue Additional Partnership Units as provided in Section 4.1C.

  • Subject to Sections 12.1 and 14.9, the General Partner shall have the power to amend this Agreement in order to provide for such powers, designations, preferences and rights as the General Partner in its discretion deems necessary or appropriate to give effect to such additional authorization or issuance in accordance with this Section 2.2. ARTICLE III Exchanges; Issuances of Additional Partnership Units; Reclassifications, Subdivisions and Additional Issuances 3.1. Exchanges.

  • Notwithstanding the other provisions of this Article 5, net proceeds from a Terminating Capital Transaction, and any other cash received or reductions in reserves made after commencement of the liquidation of the Partnership, shall be distributed to the Holders in accordance with Section 13.2 hereof.Section 5.5 Distributions to Reflect Additional Partnership Units .

  • In the event of an injury or illness, I hereby authorize DSU staff to obtain medical treatment for my child at a local area clinic or hospital.

Related to Additional Partnership Units

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Partnership Unit means, with respect to any class of Partnership Interest, a fractional, undivided share of such class of Partnership Interest issued pursuant to Sections 4.1 and 4.3 (including Performance Units). The ownership of Partnership Units may be evidenced by a certificate for units substantially in the form of Exhibit D-1 or D-2 hereto or as the General Partner may determine with respect to any class of Partnership Units issued from time to time under Sections 4.1 and 4.3.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Membership Units has the meaning set forth in the Recitals.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Class A LP Units means the Class A limited partnership units of the Partnership.