Class B Limited Partner definition

Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.
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Class B Limited Partner means a Partner who owns Class B Interests.
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Class B Limited Partner means those individuals and entities so designated on Schedule A and such other individuals and entities admitted as Class B Limited Partners pursuant to this Agreement. Class B Limited Partners shall be limited partners of the Class A Limited Partner.
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Examples of Class B Limited Partner in a sentence

  • No Class A Limited Partner, Class B Limited Partner, Subordinated Limited Partner or Profits Interest Holder shall have a power to grant the right to become a substituted Class A Limited Partner, Class B Limited Partner, Subordinated Limited Partner or Profits Interest Holder to an assignee of any part of the Partnership interest of such Class A Limited Partner, Class B Limited Partner, Subordinated Limited Partner or Profits Interest Holder, as the case may be.

  • Each Person who becomes a Class A Limited Partner, Class B Limited Partner or a Subordinated Limited Partner hereunder does hereby represent and warrant by the signing of a counterpart of this Agreement or an amendment to this Agreement that the Partnership interest acquired by such Partner was acquired for such Partner’s own account, for investment only, not for the interest of any other Person and not for resale to other Persons or for further distribution.

  • Except as provided in Section 6.3B, a withdrawing General Partner shall have no right to become a Class A Limited Partner, Class B Limited Partner, or a Subordinated Limited Partner or to require the conversion of such General Partner’s General Partner Interest to the Capital Contribution of a Class A Limited Partner, Class B Limited Partner, or Subordinated Limited Partner.

  • The General Partners shall have no personal liability for the repayment of the Capital Contribution of any Class A Limited Partner, Class B Limited Partner or Subordinated Limited Partner.

  • Any Class A Limited Partner, Class B Limited Partner or Subordinated Limited Partner shall have the right to voluntarily withdraw from the Partnership.


More Definitions of Class B Limited Partner

Class B Limited Partner means any Person who (i) is referred to as such in the introductory statement of this Agreement or who has become a substituted Class B Limited Partner pursuant to the terms of this Agreement, and (ii) has not ceased to be a Class B Limited Partner.
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Class B Limited Partner means a Limited Partner in its capacity as a holder of Class B Units.
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Class B Limited Partner means each Limited Partner who is deemed to have made a Capital Contribution pursuant to Section 6.1(d) hereof and who holds Class B Units, and any transferee of the foregoing to the extent permitted hereunder, but only so long as any such Person continues in its capacity as a partner in the Partnership.
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Class B Limited Partner is defined in the Introductory Paragraph.
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Class B Limited Partner means those Limited Partners that hold Class B Interests. It is expected that the General Partner may hold all the Class B Limited Partner Interests. Certificate of Formation shall mean the Certificate of Formation filed with the California Secretary of State pursuant to the formation of the Company, and any amendments thereto or restatements thereof. Code shall mean the Internal Revenue Code of 1986, as amended from time to time. Company shall refer to Keystone Investors - Urban Node Fund II, LP, a California limited partnership. Defaulting Partner shall mean a Limited Partner who fails to make any portion of its Capital Contribution, including any Additional Capital Contribution the Limited Partner has elected to make within the time period permitted hereunder. Disassociation shall mean an action of the General Partner to remove a Limited Partner’s right to participate in management (i.e., removal of its voting Interest) for cause (per Article 12.1) or by operation of law (per Article 12.2). Disassociated Partner shall mean a Limited Partner who has been involuntarily disassociated from the Company by one of the actions described in Article 12.1 or 12.2, or by Voluntary Transfer of its Limited Partnership Interest to a Voluntary Transferee as described in Articles 11.3 through 11.5. Dispute, when capitalized, shall have the meaning set for in Article 13 hereof. Keystone Investors - Urban Node Fund II, LP Limited Partnership Agreement
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Class B Limited Partner. ▇▇▇▇ ▇▇▇▇ INVESTMENT HOLDINGS INC.
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Class B Limited Partner has the meaning ascribed to such term in the preamble of this Agreement.
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