Examples of Incentive Partnership in a sentence
The purpose of this Long-Term Incentive Partnership Plan (the “Plan”) is to permit a select group of management employees of PacifiCorp and its subsidiaries to share in significant increases in the value of the Company realized through the efforts of these individuals.
In no event will deductions in determining Cash Flow pursuant to clauses (i) and (ii) above include payments made on account of: the Asset Management Fee, amounts due on any Subordinated Loans, the Incentive Partnership Management Fee, the subsequent annual funding of the Tenant Transition Fund, the Deferred Development Fee and/or any Cash Flow only interest payments on the Preservation Loan.
General Partner shall receive no compensation for General Partner's services as General Partner except as specifically provided in the Incentive Partnership Management Agreement.
The General Partner is hereby authorized, for and on behalf of the Partnership, to execute the Incentive Partnership Management Agreement.
Xxxxx 50,000 .1582 % TOTAL $ 171,428,518 $ 200,000,000 $ 371,428,568 30,952,380 666,668 100 % * Net of Debt (if any) XXXXXXX X-0 (Dated October 13, 2004) PARTNERS, CONTRIBUTIONS AND PARTNERSHIP INTERESTS (Amended) Name and Address of Partner Gross Asset Value Cash Contributions Agreed Value of Contributed Property* Total Contributions Regular Partnership Units Incentive Partnership Units Percentage Interest General Partner Xxxxxx Properties Group, Inc.
The Berkshire Hathaway Energy Company Long-Term Incentive Partnership Plan and the Berkshire Hathaway Energy Company Executive Voluntary Deferred Compensation Plan (collectively, the “Plans”) allow participating employees of Berkshire Hathaway Energy Company (“BHE”) and certain of its affiliates to defer the payment of all or a portion of their compensation for services to BHE and such affiliates and have such deferred amounts deemed invested into certain notional investments.
The General Partner shall not assign, pledge or otherwise encumber, for security or otherwise, the payments of the Incentive Partnership Management Fee set forth above to be made by the Partnership, or any portion(s) thereof or any of its respective right(s) thereto, without prior written notice and the written consent of the Special Limited Partner.
The purpose of this Long-Term Incentive Partnership Plan (the "Plan") is to permit a select group of management employees of MidAmerican Energy Holdings Company and its subsidiaries to share insignificant increases in the value of the Company realized through the efforts of these individuals.
In no event will deductions in determining Cash Flow pursuant to clauses (i) and (ii) above include payments made on account of amounts due on any Subordinated Loans, the Asset Management Fee and/or the Incentive Partnership Management Fee.
If, in any Fiscal Year, Cash Flow and/or proceeds from Capital Transactions are insufficient to pay the Incentive Partnership Management Fee, any unpaid portion of said Incentive Partnership Management Fee shall accrue, without interest and shall be payable on a cumulative basis in the first year in which there is sufficient Cash Flow available for the payment of such fee, or in the first year in which proceeds of a Capital Transaction are available.