LP Exchange definition

LP Exchange means the exchange of all limited partnership interests in the respective Matrix LPs for shares of common stock of Parent concurrently with the consummation of the Matrix Merger.
LP Exchange has the meaning set forth in Section 3.03(a).
LP Exchange is defined in Section 3.3(b) of this Agreement

Examples of LP Exchange in a sentence

  • At the end of the fourth quarter of 2012, certain amendments were made to the LP Exchange, Option and Support Agreements ("EOSA") that allowed the Class B Series 2 LP Units to be classified as equity.

  • Meyers Associates, L.P., Exchange Act Release No. 86497, 2019 SEC LEXIS 1869, at *37 (July 16, 2019) (noting that a firm’s scienter is imputed from that of the individuals controlling it).

  • BPI exchanged 2,400,000 Class C GP Units for the assumption by Holdings LP of BPI’s obligation to pay the Fund the BP Loan1 in accordance with the Royalties LP Exchange Agreement (the “ Class C Exchange”).

  • At the end of the fourth quarter of 2012, certain amendments were made to the LP Exchange, Option and Support Agreements (“EOSA”) that allowed the Class B Series 2 LP Units to be classified as equity.

  • Trimac Transportation Services LP Exchange Income Corporation Discovery Air Inc.HNZ Group Inc.

  • The respective boards of directors of Royale and Matrix have determined that the Merger Agreement and all other related transactions, including the Exchanges, are fair to, advisable and in the best interests of their respective shareholders, and have unanimously approved the mergers, the Merger Agreement, the Exchange and each of the Matrix LP Exchange Agreements, the Matrix Operator Exchange Agreement and the Preferred Exchange Agreement and all other related transactions.

  • In addition, prior to the Matrix special meeting, the Matrix LP Holders and the shareholders of Matrix Operator will be asked to vote concurrently to approve the Matrix LP Exchange Agreements and the Matrix Operator Exchange Agreement and the holders of the Matrix Preferred Interests will be asked to approve the Preferred Exchange subject to the approval of the Merger Agreement and the Mergers.

  • Pursuant to an Exchange Agreement among the Company and each holder of limited partnership units of Artisan Partners Holdings LP ("Exchange Agreement"), dated March 12, 2013, each holder of Class B Common Units has the right, pursuant to and subject to the limitations and restrictions set forth in the Exchange Agreement, to exchange his, her or its Class B Common Units for an equal number of shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), of the Company.

  • Matrix, as general partner of the Matrix LPs, has determined that the mergers and the transactions contemplated thereby, including the LP Exchanges, the Preferred Exchange and the Matrix Operator Exchange are each in the best interest of the limited partners of the respective Matrix LPs and recommends that the limited partners of each Matrix LP enter into the applicable Matrix LP Exchange Agreement and that the Matrix Preferred Holders enter into he Preferred Exchange Agreement.

  • On September 26, 2017, BPI exchanged 1,910,597 Class B Units for 1,191,851 Units (the “ Class B Unit Exchange”) and 40,815,839 Class 2 GP Units for 408,149 Units (together with the Class B Unit Exchange, the “Unit Exchanges”), for a total of 1,600,000 Units in accordance withthe Royalties Exchange Agreement and the BP Canada LP Exchange Agreement.

Related to LP Exchange

  • National Exchange means the Nasdaq Global Select Market, the Nasdaq Global Market, the Nasdaq Capital Market, or the New York Stock Exchange.

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • Free Exchange means an exchange of a Commission Share of one Fund for a Commission Share of another Fund under circumstances where the CDSC which would have been payable in respect of a redemption of the exchanged Commission Share on the date of such exchange is waived and the Commission Share issued in such exchange is treated as a continuation of the investment in the Commission Share exchanged for purposes of determining the CDSC payable if such Commission Share issued in the exchange is thereafter redeemed.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • Securities Exchange means, at any time, the registered national securities exchange on which the Corporation’s equity securities are then principally listed or traded, which shall be the New York Stock Exchange or NASDAQ Global Market (or similar national quotation system of the NASDAQ Stock Market) (“NASDAQ”) or any successor exchange of either the New York Stock Exchange or NASDAQ.

  • Futures Exchange means the exchange or trading system with the highest trading volume of options or futures contracts relating to the Share. If options or futures contracts on the Share are not traded on any exchange, the Futures Exchange shall be the options or futures exchange with the highest amount of options or futures contracts relating to shares of companies having their residence in the country in which the Company has its residence. If there is no options or futures exchange in the country in which the Company has its residence on which options or futures contracts on shares are traded, the Calculation Agent will determine the Futures Exchange in its reasonable discretion (billiges Ermessen) (§ 317 BGB) and will make notification thereof in accordance with § 6 of the General Terms.

  • Interest exchange means the acquisition of an ownership or membership interest in a domestic entity as provided by Subchapter B, Chapter 10. The term does not include a merger or conversion.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Direct Exchange has the meaning set forth in Section 11.03(a).

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act or any successor thereto.

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Recognized Exchange means The New York Stock Exchange or the Nasdaq National Market.

  • Reference Exchange means XETRA.

  • Final Exchange Bulletin means the Exchange Bulletin which is issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • Power Exchange means any exchange operating as the power exchange for electricity in terms of the orders issued by the Central Commission;

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Derivatives Exchange means Chicago Board Options Exchange. "Interest Rate" means USD LIBOR O/N (overnight).LIBOR stands for London InterBank Offered Rate. LIBOR is an average interest rate based on infor- mation submitted by the contributing banks. The panel banks indicate the interest rates at which they are able to refinance their own interbank activities in the relevant currency for the relevant term on an unsecured basis. To calculate the reference interest rate, the highest and lowest quar- tiles of these interest rates are eliminated, and the remaining interest rates are averaged. LIBOR is calculated for 7 different terms and 5 different currencies. The LIBOR interest rates (ICE Libor) are administered by ICE Benchmark Administration Limited (IBA) and determined each business day at 11 a.m. (London time). LIBOR O/N (overnight) stands for terms of 1 day.If the Interest Rate is not set or published on an Index Calculation Day, the Interest Rate applied on the immediately preceding Index Calculation Day is used to calculate the index in accordance with section C).If the Interest Rate has neither been set nor published for ten consecutive Index Calculation Days, the Index Calculation Agent has the right and obligation to stipulate in its reasonable discretion an alternative relevant Interest Rate which has functions comparable to the previous Interest Rate.

  • NASDAQ means The Nasdaq Stock Market, Inc.

  • Related Exchange means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the FTSE 100, including any transferee or successor to any such exchange or quotation system or any substitute exchange or quotation system to which trading in futures or options contracts relating to the FTSE 100 has temporarily relocated (provided that the Calculation Agent has determined that there is comparable liquidity relative to

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • Recognized Stock Exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Recognised Futures Exchange means an international futures exchange which is recognised by the SFC or which is approved by the Manager.

  • Stock Market means a market, or other place at which, or a facility by means of which—

  • Like-Kind Exchange means a section 1031 exchange that is subject to 26 U.S.C. sec. 1031.

  • Permitted Debt Exchange shall have the meaning provided in Section 2.15(a).