Initial General Partner Interest definition

Initial General Partner Interest has the meaning set forth in Section 5.1.
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Initial General Partner Interest has the meaning assigned to such term in the recitals.
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Initial General Partner Interest has the meaning set forth in Section 5.1. “Initial Limited Partner Interest” has the meaning set forth in Section 5.1. “Initial Limited Partners” means GasLog and the Underwriters, in each case upon being admitted as Partners to the Partnership in accordance with Section 10.1.
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Examples of Initial General Partner Interest in a sentence

  • For and in consideration of the payment by the Partnership of $20 to the General Partner and $980 to TO as a refund of their respective initial contribution to the Partnership, along with 2.0% and 98.0%, respectively, of any interest or profit that resulted from the investment or other use of such capital contributions, the Partnership hereby redeems the Initial General Partner Interest and the Initial Limited Partner Interest.

  • MLP hereby (a) redeems the Initial General Partner Interest from the General Partner and retires the Initial General Partner Interest in exchange for a payment in cash to the General Partner equal to an aggregate $1, and (b) redeems the Initial Limited Partner Interest from Pioneer USA and retires the Initial Limited Partner Interest in exchange for a payment in cash to Pioneer USA equal to an aggregate $999.

  • Also, while Nelson admitted that he and Brennan planned to kill Owens to take his car and money and leave the state, Nelson explained that he thought the plan was only a fantasy or joke until it actually happened.

  • An inference could be drawn that she held herself out to be eligible to work at the time of employment, and no contrary probative evidence is offered to corroborate an inferencethat Walden knew or should have known she was unauthorized at the time of hire.


More Definitions of Initial General Partner Interest

Initial General Partner Interest has the meaning assigned to such term in Item 2 of Recital B to this Agreement.
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Initial General Partner Interest has the meaning assigned to such term in Section 5.1. “Initial Limited Partner Interest” has the meaning assigned to such term in Section 5.1.
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Related to Initial General Partner Interest

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • 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.

  • 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).

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • 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.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

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

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

  • Partnership Unit means, with respect to any class of Partnership Interest, a fractional, undivided share of such class of Partnership Interest issued pursuant to Sections 4.1 and 4.3 (including Performance Units). The ownership of Partnership Units may be evidenced by a certificate for units substantially in the form of Exhibit D-1 or D-2 hereto or as the General Partner may determine with respect to any class of Partnership Units issued from time to time under Sections 4.1 and 4.3.

  • 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).

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Membership Units has the meaning set forth in the Recitals.

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

  • 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.

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

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • 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.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Surviving General Partner has the meaning set forth in Section 11.2(d)(i)(A).

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

  • 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.

  • General Partner means the general partner of the Partnership.