Combined Interest definition

Combined Interest has the meaning assigned to such term in Section 11.3(a).

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Combined Interest is defined in Section 11.3(a).

Combined Interest has the meaning assigned to such term in Section 11.3(a). “Commission” means the United States Securities and Exchange Commission.

Examples of Combined Interest in a sentence

• For purposes of this Agreement, conversion of the Combined Interest to Common Units will be characterized as if the Departing Manager (or its transferee) contributed the Combined Interest to the Company in exchange for the newly issued Common Units.

• For purposes of this Section 11.3(a), the fair market value of the Combined Interest shall be determined by agreement between the Departing Manager and its successor or, failing agreement within 30 days after the effective date of such Departing Manager’s withdrawal, by an independent investment banking firm or other independent expert selected by the Departing Manager and its successor, which, in turn, may rely on other experts, and the determination of which shall be conclusive as to such matter.

More Definitions of Combined Interest

Combined Interest means a Departing General Partner’s General Partner Interest and its or its Affiliates’ general partner interest (or equivalent interest), if any, in the other Group Members.

Combined Interest has the meaning assigned to such term in Section 11.3(a). “Commences Commercial Service” and “Commenced Commercial Service” shall mean the date a Capital Improvement is first put into commercial service by a Group Member following, if applicable, completion of construction, acquisition, development and testing.

Combined Interest has the meaning assigned to such term in Section 11.3(a). “Commission” means the United States Securities and Exchange Commission. “Common Unit” means a Partnership Interest representing a fractional part of the Partnership Interests of all Limited Partners, and having the rights and obligations specified with respect to Common Units in this Agreement.

Combined Interest. Has the meaning set forth in Section 14.6.1.

Combined Interest has the meaning assigned to such term in Section 11.3(a). “Commenced Commercial Service” and “Commencement of Commercial Service” have the meanings assigned to such terms in Section 5.7(g).

Combined Interest has the meaning assigned to such term in Section 11.3(a). "Combined Performance Test" shall be met if, at any time during the Production Period, Gas Production reaches 725 billion cubic feet on a cumulative basis during the Production Period and Tejas provides written notice to the General Partner stating that such production level has been reached during the Production Period and which notice shall include information supporting that statement reasonably acceptable to the General Partner.

Combined Interest as used in this Section 11.3 shall (i) exclude the Retained OLP Interest and (ii) include any portion of the Managing General Partner's general partner interest in the Operating Partnership not so retained.