Existing Limited Partner definition

Existing Limited Partner means any Limited Partner, admitted to the Partnership prior to the Effective Date other than an existing Employee/Contract Limited Partner.
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Existing Limited Partner means any Partner who is neither a Retaining Withdrawn Limited Partner nor a Deceased Partner.
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Examples of Existing Limited Partner in a sentence

  • On 1 December 2016 (after trading hours), the Subsidiary, General Partner and the Existing Limited Partner entered into the Limited Partnership Agreement, pursuant to which (a) the Subsidiary has agreed to commit an aggregate capital contribution of US$79,000,000 (approximately HK$616,200,000); and (b) the Existing Limited Partner agreed to withdraw from the Fund as a limited partner upon the Subsidiary being admitted as a limited partner of the Fund.

  • Each of the undersigned designated as an Existing Limited Partner has previously been admitted as a Limited Partner of the Partnership.

  • The granting of such consent and releases and the execution of this Agreement in no way obligates the Lender, the Servicer or any subsequent holder of the Note, to grant any future consents or waivers nor does it establish in any way a pattern or practice of dealing that the Borrower, the Existing General Partner, the Existing Limited Partner, the Existing Indemnitors, the New General Partner, the New Limited Partner and the New Indemnitors may rely upon in seeking any other consent or waiver.

  • Both the number of additional Class B Units issued as of the date hereof to each of the undersigned designated as an Existing Limited Partner, and the total number of Class B Units heretofore and hereby issued to each of the undersigned designated as an Existing Limited Partner, is shown opposite such Existing Limited Partner's signature below.

  • After giving effect to the assignment contemplated hereby, as of the date hereof, the number of Class B Units held by each of the undersigned Existing Limited Partner and the Additional Limited Partner shall be the amount shown opposite each of their respective signatures.

  • If such 48 CFR Ch. 7 (10–1–06 Edition)filing is impracticable, requests will be deemed to be properly filed if filed with the Chief of the Office of Procurement, Evaluation Division (M/OP/E) for for- warding to the cognizant contracting officer.[49 FR 13257, Apr.

  • To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the General Partner, the Existing Limited Partner and their ultimate beneficial owners are third parties independent of the Company and connected persons of the Company.

  • The General Partner and the Existing Limited Partner The General Partner is an exempted company incorporated in the Cayman Island and is principally engaged in sourcing and fund raising for investment opportunities in the healthcare industry in North America.

  • Healthcare and Other Postretirement Benefits Other Than Pensions The Corporation accounts for healthcare and other postretirement benefits other than pensions in accordance with Statement of Financial Accounting Standards ("SFAS") No. 106, "Employers' Accounting for Postretirement Benefits Other Than Pensions".

  • Prior to the Closing, Professionals GP and Professionals shall cause a reorganization of Professionals (the “Professionals Reorganization”), as described in the Existing Limited Partner Consents, to be consummated without any material liability or obligation (Tax or otherwise) to Parent or the Group Companies.

Related to Existing Limited Partner

  • 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.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Defaulting Limited Partner means a Limited Partner that has failed to pay any amount owed to the Partnership under a Partnership Loan within 15 days after demand for payment thereof is made by the Partnership.

  • Original Limited Partner means the Limited Partners designated as “Original Limited Partners” on Exhibit A hereto.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • Additional Limited Partner means a Person admitted to the Partnership as a Limited Partner pursuant to Section 10.4 and who is shown as such on the books and records of the Partnership.

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • 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.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Consent of the Limited Partners means the Consent of a Majority in Interest of the Limited Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by a Majority in Interest of the Limited Partners, unless otherwise expressly provided herein, in their sole and absolute discretion.

  • Departing General 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 Section 11.2.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

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

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).