Assignee definition

Assignee as defined in Section 10.6(b).

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Assignee has the meaning set forth in Section 9.06(c).

Assignee means a Person to whom one or more Partnership Units have been transferred in a manner permitted under this Agreement, but who has not become a Substituted Limited Partner, and who has the rights set forth in Section 11.5.

Examples of Assignee in a sentence

Profits, Losses and other Partnership items shall be allocated between the transferor and the Assignee according to Code Section 706, using any permissible method as determined in the reasonable discretion of the General Partner.
Distributions made before the effective date of such Transfer shall be paid to the transferor, and Distributions made after such date shall be paid to the Assignee.
In connection with any assignment to an Assignee described in clause (a) above in this Section 7.04, the Guarantor (and the other assignor) shall agree to remain liable for the performance of each Assignee (and such other assignor, if applicable) of all obligations of the Guarantor hereunder, with such Assignee substituted for the Guarantor under this Agreement.
Certain Initial Tranche A Term Lenders (the “Assignors”) hereby agree, on the Third Amendment Effective Date, immediately prior to giving effect to the establishment of the Extended Term A Loans, to sell and assign (collectively, the “Term Loan A Assignments”) to one or more Eligible Assignees a portion of its rights and obligations under the Initial Tranche A Term Loans (the “Assigned Loans”), and each Assignee hereby irrevocably purchases and assumes from such Assignor, such Assigned Loans.
From and after the Effective Date, the Agent shall make all payments in respect of [the][each] Assigned Interest (including payments of principal, interest, fees and other amounts) to [the][the relevant] Assignor for amounts which have accrued to but excluding the Effective Date and to [the][the relevant] Assignee for amounts which have accrued from and after the Effective Date.

More Definitions of Assignee

Assignee as defined in Section 9.6(c).

Assignee has the meaning given to it in Section 11.13.

Assignee has the meaning set forth in Section 14.1(a).

Assignee has the meaning specified therefor in Section 13.1(a) of the Agreement.

Assignee shall have the meaning assigned to such term in Section 9.04(b)(i).

Assignee means a Non-citizen Assignee or a Person to whom one or more Limited Partner Interests have been transferred in a manner permitted under this Agreement and who has executed and delivered a Transfer Application as required by this Agreement, but who has not been admitted as a Substituted Limited Partner.

Assignee has the meaning set forth in Section 6.3.