California Partnerships definition

California Partnerships means the following McNeil Partnerships, each of which is a California limited partnership: MREF IX, MREF X, MREF XI, MREF XII, MREF XIV, MREF XV, MREF XX, MREF XXI, MREF XXII, MREF XXIII, MREF XXIV, MREF XXV and MREF XXVI.
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California Partnerships means, collectively, as applicable prior to the Credit Rating Election Date, any Controlled Partially-Owned Entity that meets each of the following requirements: (i) such Controlled Partially-Owned Entity has no other Indebtedness, (ii) (a) the Borrower and each applicable direct or indirect Wholly-Owned Subsidiary shall have pledged its partnership or membership interests, as applicable, in such Controlled Partially-Owned Entity as Collateral, (b) the other equity owners of such Controlled Partially-Owned Entity shall have pledged their economic interests in such Controlled Partially-Owned Entity as Collateral, and (c) such Controlled Partially-Owned Entity's Equity Interests in each California Partnership Subsidiary directly or indirectly owning or leasing the applicable Real Estate Assets shall be pledged as Collateral, in each case in form and substance satisfactory to the Administrative Agent, (iii) such Controlled Partially-Owned Entity is a Subsidiary Guarantor (and each Subsidiary of the Controlled Partially-Owned Entity is a Subsidiary Guarantor), and (iv) the Real Estate Assets owned or leased by such Controlled Partially-Owned Entity or its Subsidiary, as applicable, are located only in California, Arizona and/or North Carolina.
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California Partnerships means, collectively, as applicable prior to the Credit Rating Election Date, any Controlled Partially-Owned Entity that meets each of the following requirements: (i) such Controlled Partially-Owned Entity has no other Indebtedness (other than the Subsidiary Guaranty and Guarantees of Indebtedness of the Borrower under a Senior Unsecured Debt Issuance permitted to be incurred under this Agreement at the time of its incurrence to the extent such guarantees are permitted hereunder and so long as the Obligations are guaranteed in the same manner), (ii) (a) the Borrower and each applicable direct or indirect Wholly-Owned Subsidiary shall have pledged its partnership or membership interests, as applicable, in such Controlled Partially-Owned Entity as Collateral, (b) the other equity owners of such Controlled Partially-Owned Entity shall have pledged their economic interests in such Controlled Partially-Owned Entity as Collateral, and (c) such Controlled Partially-Owned Entity's Equity Interests in each California Partnership Subsidiary directly or indirectly owning or leasing the applicable Real Estate Assets shall be pledged as Collateral, in each case in form and substance satisfactory to the Administrative Agent, (iii) such Controlled Partially-Owned Entity is a Subsidiary Guarantor (and each Subsidiary of the Controlled Partially-Owned Entity is a Subsidiary Guarantor), and (iv) the Real Estate Assets owned or leased by such Controlled Partially-Owned Entity or its Subsidiary, as applicable, are Permitted Properties.
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Examples of California Partnerships in a sentence

  • Thus, the Commissioner can only require Petitioner to include income from non- City sources in ENI if the New York and California Partnerships, among themselves and with Petitioner, are involved in a unitary business.

  • Hillard Heintze asked for SFPD to clarify the role of California Partnerships and SVIP, including what their role is and how SFPD is using them”.

  • The fact that Mr. Otto, intending to benefit his children, chose to make investments through a series of percentage interests in limited partnerships which separately and together held various parcels of real property in the United States, does not establish that Petitioner and the New York and California Partnerships were engaged in a unitary business.

  • Petitioner and the New York and California Partnerships did not engage in a unitary business as there was no functional integration, centralization of management or economies of scale between them.

  • The New York and California Partnerships were established to own and manage one property each.

  • On its 2001 California Return, Petitioner apportioned 48.7744% of the combined business income of the New York and California Partnerships to California.5 Petitioner filed its 2002 GCT Return calculating its tax liability by using a separate accounting method that excluded the gain from the sale of the California Property from ENI, and those factors that were attributable to the California Partnership from the BAP.

  • The California Partnerships work discussed in Compliance Measure 3 above is responsive to this compliance measure as well, as it is intended to address citywide needs, as appropriate, as well as those neighborhoods most impacted by violent crime.

  • There was no other flow of value between the New York and California Partnerships or between Petitioner and those Partnerships.

  • Hillard Heintze asked for SFPD to clarify the role of California Partnerships and SVIP, including what their role is and how SFPD is using them”.This addition/explanation has been added to compliance measure #5.

  • The author acknowledges the assistance of Sam Panetta, Senior Associate, Blake Dawson Waldron, Perth in the preparation of this paper.


More Definitions of California Partnerships

California Partnerships means, collectively, as applicable prior to the Credit Rating Election Date, any Controlled Partially-Owned Entity that meets each of the following requirements: (i) such Controlled Partially-Owned Entity has no other Indebtedness (other than the Subsidiary Guaranty and Guarantees of Indebtedness permitted under Section 10.3(ix)), (ii) (a) the Borrower and each applicable direct or indirect Wholly-Owned Subsidiary shall have pledged its partnership or membership interests, as applicable, in such Controlled Partially-Owned Entity as Collateral, (b) the other equity owners of such Controlled Partially-Owned Entity shall have pledged their economic interests in such Controlled Partially-Owned Entity as Collateral, and (c) such Controlled Partially-Owned Entity's Equity Interests in each California Partnership Subsidiary directly or indirectly owning or leasing the applicable Real Estate Assets shall be pledged as Collateral, in each case in form and substance satisfactory to the Administrative Agent, (iii) such Controlled Partially-Owned Entity is a Subsidiary Guarantor (and each Subsidiary of the Controlled Partially-Owned Entity is a Subsidiary Guarantor), and (iv) the Real Estate Assets owned or leased by such Controlled Partially-Owned Entity or its Subsidiary, as applicable, are Permitted Properties.
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California Partnerships means the following McNeil Partnerships, each of whixx xx a California limited partnership: MREF IX, MREF X, MREF XI, MREF XII, MREF XIV, MREF XV, MREF XX, MREF XXI, MREF XXII, MREF XXIII, MREF XXIV, MREF XXV and MREF XXVI.
Sample 1
California Partnerships means, collectively, (a) the Irvine Guarantor, (b) the Encinitas Guarantor, (c) the Campus Pt. Guarantor, and (d) any similar limited partnerships or limited liability companies formed from time to time after the Effective Date, the Equity Interests of which are not wholly-owned by the Parent Borrower or a Subsidiary Borrower that is a Wholly-Owned Subsidiary; provided, that any such limited partnership or limited liability company identified or described in the foregoing clauses (a) through (d) shall be considered a “California Partnership” only if and for so long as (x) the Parent Borrower or such Subsidiary Borrower is (i) the general partner of such limited partnership or (ii) the sole manager or sole managing member of such limited liability company and, in each case, Controls the management of such limited partnership or limited liability company, as applicable, and its assets (including, for the avoidance of doubt, the ability to grant first-mortgage Liens on, and to sell or otherwise dispose of, the Borrowing Base Properties owned by such California Partnership without the consent of the limited partners of such limited partnership or any other member of such limited liability company or any other party), (y) the Parent Borrower or such Subsidiary Borrower shall have pledged (i) its general partner and any limited partner interests in such limited partnership and (ii) its member interests in such limited liability company as Collateral, and the other equity owners of such limited partnership or limited liability company shall have pledged their economic interests in such limited partnership or limited liability company, as applicable as Collateral, in each case in form and substance satisfactory to the Administrative Agent, and (z) such Real Estate Assets are located only in California and/or Arizona.”
Sample 1
California Partnerships means, collectively, as applicable prior to the Credit Rating Election Date, any Controlled Partially-Owned Entity that meets each of the following requirements: (i) such Controlled Partially-Owned Entity has no other Indebtedness (other than the Subsidiary Guaranty and Guarantees of Indebtedness permitted under Section 10.3(ix)), (ii)
Sample 1
California Partnerships means RIC 1, RIC 2, RIC 3, RIC 6, RIC 7, RIC 8, RIC 10, RIC 11, RIC Associates 1, RIC Associates 2, RIC 12, RIC 13, RIC 14, RIC 15, RIC 16, RIC 17, RIC 18, RIC 19, RIC 20, RIC 21, RIC 22, RIC 23, RIC 24, RIC 25, and RIC 26, each of which was organized as a California limited partnership under the California Uniform Limited Partnership Act or the California Revised Limited Partnership Act.
Sample 1

Related to California Partnerships

  • California company means a sole proprietorship, partnership, joint venture, corporation, or other business entity that was a licensed California contractor on the date when bids for the public contract were opened and meets one of the following:

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • Operating Partnership has the meaning set forth in the preamble.

  • Company has the meaning set forth in the Preamble.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • Garden State Growth Zone or "growth zone" means the four

  • Partnership has the meaning set forth in the Preamble.

  • Partnerships is defined in the Recitals of this Agreement.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Member of the University Community means students, faculty, or staff, or other persons affiliated with the University.

  • General Partners means all such Persons.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Resulting Company means a domestic stock company created

  • Reorganized Company means the Company, as reorganized pursuant to and under the Plan, on and after the Effective Date, or any successor or assign thereof.

  • State Water Board means the State Water Resources Control Board.

  • State waters means all water, on the surface and under the ground, wholly or partially within or bordering the Commonwealth or within its jurisdiction, including wetlands.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • University Community means all students and employees of the University, persons officially associated with the University, former students and alumni at the University, as well as invitees, visitors and guests.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • The Partnership has the sole responsibility to pay all maintenance and operating costs, including all taxes levied and all insurance costs, attributable to the Apartment Complex.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • GP means Gottbetter & Partners, LLP.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Single member limited liability company means a limited liability company that has one direct member.