FMLP definition
Examples of FMLP in a sentence
There is no pending matter concerning CMS Holdings that has been referred to an arbitrator pursuant to Article X of the FMLP Partnership Agreement and no Notice of Dispute (as defined in the FMLP Partnership Agreement) concerning CMS Holdings that is pending.
FMLP and PP&E shall be as defined by International Financial Reporting Standards (“IFRS”), not GAAP.
Accordingly, in addition to the satisfaction of any other condition set forth in Section 5 hereof, FMLP's obligation to consummate the Transactions shall be contingent upon obtaining the approval of a majority in interest of the limited partners of FMLP.
FMLP and FELP, for themselves and their respective successors and assigns, knowingly, voluntarily and intelligently waive all right to trial by jury in any action or proceeding to enforce or defend any rights or remedies under this Agreement.
The Transactions shall be consummated (the "Closing") on a date (the "Closing Date") and at a time and place acceptable to FELP and FMLP, which such date shall be on or before ten (10) business days following notice from FMLP to FELP that a majority in interest of the limited partners of FMLP have approved the Transactions but in no event later than May 29, 1998.
FMLP Value and PP&E Value shall be as defined and measured by IFRS, not GAAP.
FMLP and FELP hereby acknowledge that in the event of FELP's failure to consummate the Transactions, the actual damages suffered by FMLP would be difficult and/or inconvenient to determine or ascertain.
FMLP may not assign any of its rights or obligations hereunder prior to the Closing Date without the express written consent of FELP.
This Agreement and any of FELP's rights hereunder may be assigned by FELP prior to the Closing Date upon written notice to FMLP and without the prior consent of FMLP; provided, however, the right of FELP to make any such assignment shall be conditioned upon such assignee executing a document satisfactory to FMLP, pursuant to which such assignee agrees to be bound by the terms and conditions hereof and FELP agrees to guarantee the obligations assigned.
Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Telecopier: (▇▇▇) ▇▇▇-▇▇▇▇ If to FMLP: Fogelman Mortgage L.P. I c/o Prudential-Bache Properties, Inc.