Controlling Partner definition

Controlling Partner means (i) as of the date hereof, the Founders, and (ii) as of any future date on which the Founders cease to (x) own a majority of the equity interests in each of the Partner Holding Companies, or (y) control each of the Partner Holding Companies other than International Management Fee Entity, Carlyle Personnel designated by the Partner Holding Companies who collectively own a majority of the equity of each of the Partner Holding Companies, who control each of the Partner Holding Companies other than International Management Fee Entity, who are involved on a substantially full-time basis in conducting the Carlyle Business or are otherwise then currently providing significant personal services to the Carlyle Companies, and who have provided a non-compete agreement. For purposes of the foregoing, to have a majority of the equity means to hold interests that represent more than 50% of the rights to profits, distributions and capital (exclusive of rights with respect to co-investments). “control” means the right (whether by control of a general partnership interest or of sufficient votes to elect a majority of the board of directors, by contract or otherwise, or by other direct or indirect means) to direct and control the management and affairs of the entity in question.
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Controlling Partner means any general partner of the Company or any Person exercising similar functions if the Company is not a partnership.
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Controlling Partner means any general partner of the Company (other than a general partner of the Company that has no authority to act on behalf of, or to bind, the Company) or any Person exercising similar functions if the Company is not a partnership. "Conversion Agent" means the Trustee and any other person appointed by the Company authorized by the Company to perform the duties of a Conversion Agent specified in this Indenture. "Conversion Notice" means a notice substantially in the form annexed to the Notes. "Convertible Securities" means evidences of indebtedness or other securities or Equity Interests which are convertible into or exchangeable, with or without payment of additional consideration in cash or property, for Additional Partnership Interests, either immediately or upon the occurrence of a specified date or a specified event. "Co-Proponents" means, collectively, Canadian Imperial Bank of Commerce, Dragon Holdings Limited, Citibank, N.A. and Brookfield Properties Corporation. "Core Properties" means, collectively, (i) that certain parcel of real property located at 00 Xxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx, together with the office building and other improvements existing thereon, (ii) that certain parcel of real property located at Xxx Xxxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx, together with the office building and other improvements existing thereon, (iii) that certain parcel of real property located at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, together with the office building and other improvements existing thereon, (iv) the leasehold interest in that certain parcel of real property located at One World Financial Center, New York, New York, together with the office building and other improvements existing thereon, (v) the leasehold interest in that certain parcel of real property located at Two World Financial Center, New York, New York, together with the office building and other improvements existing thereon, and (vi) the leasehold interest in
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Examples of Controlling Partner in a sentence

  • The purpose of the review is to focus on the prior performance of Covered Projects in which the Controlling Partner exercised actual or constructive control and to determine whether any serious findings reflect adversely on the Controlling Participants’ integrity, competency, or ability to exercise control of a Covered Project responsibly.In addition, the proposed rule wouldadd the term ‘‘Commissioner’’ to the definitions for Subpart H.

  • At the closing, the Partners shall execute such documents and instruments of conveyance as may be necessary or appropriate to effectuate the transactions contemplated hereby, including the Transfer of the Interests, MinorCo Interests and Partner Loans to the Tagalong Purchaser or Controlling Partner, as applicable, and the assumption by the Tagalong Purchaser or Controlling Partner, as applicable, of the obligations with respect to the Interests and MinorCo Interests so Transferred.

  • The Partner agrees that, so long as he is a Controlling Partner, and for the period of three years thereafter, Partner shall not solicit any of the employees of any of the Carlyle Companies or any Carlyle Partner to leave the Carlyle Companies or otherwise terminate or cease or materially modify their relationship with the Carlyle Companies, or otherwise employ or engage such persons.

  • The Partner agrees that so long as he is a Controlling Partner, and for the period of three years thereafter, he will not engage in any business or activity which is competitive with the “Carlyle Business” as limited by the final sentence of the definition thereof.

  • At any time during the Control Offer Period, any Partner may accept the Control Offer as to the entire amount of its Interest by giving written notice of such acceptance to the Controlling Partner.

  • The Partner agrees that, so long as he is a Controlling Partner, and for the period of three years thereafter, he will not solicit any investors in any Managed Funds to invest in any funds or activities that are competitive with the business of the “Carlyle Business” as limited by the final sentence of the definition thereof.

  • An aggrieved party who filed a complaint regarding an NCD may withdraw the complaint be- fore the Board issues a decision regard- ing that NCD.

  • The costs of determining the Net Equity shall be borne one-half by the Controlling Partner and one-half by the Partners that accept the Control Offer (pro rata based on their respective Percentage Interests) or, if no Partner accepts the Control Offer, then such costs shall be borne entirely by the Partnership.

  • A Controlling Partner has duly executed and delivered the Indenture and the Notes on behalf of the Company, and each of the Indenture and the Notes constitutes the Company's legal, valid and binding obligation, enforceable in accordance with its terms, except as enforceability may be limited by applicable insolvency, bankruptcy or similar laws affecting creditors' rights generally, or general principles of equity, whether such enforceability is considered in a proceeding in equity or at law.

  • I explained to your Manager for Financial Affairs and to the KOÇ HOLDING AUDIT GROUP which has been assigned to review your balance sheets in each relevant period and to grant final approval to the balance sheet on behalf of KOÇ HOLDING, as the Controlling Partner that they failed to see these inaccuracies in the statements and that the financial statements have to be reviewed and corrected.


More Definitions of Controlling Partner

Controlling Partner means any Partner owning more than fifty percent (50%) of all issued and outstanding Common Units.
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Related to Controlling Partner

  • Selling Partner has the meaning set forth in Section 8.5.

  • Controlling Person With respect to any Person, any other Person who “controls” such Person within the meaning of the Securities Act.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Non-Controlling Party means, at any time, any Trustee, Liquidity Provider or other Person which is not the Controlling Party at such time.

  • Controlling Entity means an entity which owns, directly or indirectly through one or more intermediaries, (i) a general partnership interest or a Controlling Interest of the limited partnership interests in Borrower (if Borrower is a partnership or joint venture), (ii) a manager's interest in Borrower or a Controlling Interest of the ownership or membership interests in Borrower (if Borrower is a limited liability company), (iii) a Controlling Interest of any class of voting stock of Borrower (if Borrower is a corporation), (iv) a trustee's interest or a Controlling Interest of the beneficial interests in Borrower (if Borrower is a trust), or (v) a managing partner's interest or a Controlling Interest of the partnership interests in Borrower (if Borrower is a limited liability partnership).

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • Controlling Persons means the natural persons who exercise control over an Entity. In the case of a trust, such term means the settlor, the trustees, the protector (if any), the beneficiaries or class of beneficiaries, and any other natural person exercising ultimate effective control over the trust, and in the case of a legal arrangement other than a trust, such term means persons in equivalent or similar positions. The term “Controlling Persons” shall be interpreted in a manner consistent with the Financial Action Task Force Recommendations.

  • Non-Managing Member means any Member other than the Managing Member.

  • Controlling Party Has the meaning specified in the Intercreditor Agreement.

  • Controlling Holder means, as of any date of determination:

  • Managing Member is defined in the recitals to this Agreement.

  • Controlling producer means a producer who directly or indirectly controls an

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Controlling Affiliate means an Affiliate that directly or indirectly Controls the Hotel and/or Controls the entity that Controls the Hotel.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Holder Representative has the meaning specified in Section 11.1.

  • Non-Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

  • Ultimate controlling person means that person which is not controlled by any other person.

  • Managing Party shall have the meaning set forth in Section 7.2(a).

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Controlling Class Representative shall have the meaning assigned to the term “Directing Certificateholder” in the Lead Securitization Servicing Agreement.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.