CDMC Stock definition
CDMC Stock means the shares of voting common stock of Crescent Development Management Corp., a Delaware corporation, being contributed by the Limited Partners to the Partnership pursuant to the Contribution Agreement.
Examples of CDMC Stock in a sentence
The General Partner shall have the full and exclusive authority to exercise any voting or other rights associated with any securities owned by the Partnership, including but not limited to CDMC Stock and COPI Stock.
The purpose and nature of the business to be conducted by the Partnership shall be to invest in CDMC Stock and COPI Stock, to invest excess funds held by the Partnership in such temporary investments as the General Partner shall determine appropriate, and to conduct such other businesses as may be agreed to by all Partners from time to time.