LP Interest definition

LP Interest means a unit of limited partnership interest in a limited partnership.
LP Interest means an interest in the Partnership issued pursuant to this Agreement to a Person its capacity as a Limited Partner.

Examples of LP Interest in a sentence

  • Each RPI US LP Interest can be exchanged for ten Class B Interests in Holdings at any time and for no additional value, which exchange right does not expire until so converted.

  • Each limited partnership interest in RPI US LP ("RPI US LP Interest") will be exchanged for ten Class B Interests in Royalty Pharma Holdings Limited ("Holdings").

  • Upon such exchange, each Class B Interest in Holdings issued in exchange for a RPI US LP Interest will be exchanged for one Class A Ordinary Share of the Issuer for no additional value.

  • A Special LP Interest is a limited interest in the capital of the Partnership as described in this Section.

  • LP Interest can be exchanged for ten Class B Interests in Holdings at any time and for no additional value, which exchange right does not expire until so converted.


More Definitions of LP Interest

LP Interest means a limited partnership interest in GSHA.
LP Interest means a limited partnership interest in the Partnership (other than the limited partnership interests in the Partnership held by the Intermediate Fund or a Feeder Fund) or an Indirect Interest.
LP Interest means all rights and interest of Borrower in the Limited Partnership (including all related rights to payment and distributions and capital accounts) including without limitation those related to or arising from the Limited Partnership’s partnership interest in Xxxxxxxxx Cogent, LP (including all related rights to payment and distributions and capital accounts).
LP Interest means a partnership interest (as that term is defined in the Limited Partnerships Act 2008) in the Limited Partnership.
LP Interest means a limited partner interest in Lanmar.
LP Interest means the Partnership Interest of a Limited Partner.
LP Interest. - means all rights and interest of Borrower in the Limited Partnership (including all related rights to payment and distributions and capital accounts) including without limitation those related to or arising from the Limited Partnership’s partnership interest in Greenhill Cogent, LP (including all related rights to payment and distributions and capital accounts).