Contributing Partner means each Partner contributing (or deemed to have contributed on termination and reconstitution of the Partnership pursuant to Section 708 of the Code or otherwise) a Contributed Property.
Contributing Parties has the meaning assigned to such term in the preamble.
Partnership Expenses means all fees, costs, expenses, open purchase orders, liabilities, charges, and other obligations incurred with respect to the conduct of the business of the Partnership and its business and assets, as determined by the General Partner.
Operating Partnership has the meaning set forth in the preamble.
OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.
Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).
Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.
Partnership has the meaning set forth in the Preamble.
Virginia venture capital account means an investment fund that has been certified by the
Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).
Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.
Contributing Party has the meaning assigned to such term in Section 6.02.
General partnership means an organization formed under chapters 45-13 through 45-21.
Partnerships is defined in the Recitals of this Agreement.
General Partners means all such Persons.
Operating Companies means, collectively, the Creekside Operating Company, the Mentone Operating Company and the Yucaipa Operating Company. “Operating Company” means any of the Operating Companies.
Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;
Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.
General Partner means the general partner of the Partnership.
Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.
REIT means a real estate investment trust under Sections 856 through 860 of the Code.
Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.
Tax Matters Partner has the meaning set forth in Section 5.08.
Contributing Member shall have the meaning set forth in Section 3.2(b).
Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:
Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership, as amended from time to time.