New Limited Partner definition

New Limited Partner is defined in Section 3.7.1.
New Limited Partner has the meaning set forth in Section 3.3(a) hereof.
New Limited Partner means any person who becomes a Limited Partner after the date of this Agreement.

Examples of New Limited Partner in a sentence

  • SEVENTEENTH: The New Limited Partner agrees that all or any funds payable to the New Limited Partner (including withdrawal proceeds) may be wire transferred to the New Limited Partner in accordance with the following instructions, until further written notice, signed by one or more of the individuals authorized to act on behalf of the New Limited Partner under Section Twelfth above, to Columbus Avenue Consulting, LLC, 000 Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000.

  • The equity owners of the New Limited Partner share in the profits and losses of all investments of the New Limited Partner in the same way on the basis of their proportional ownership, and do not have non- pro rata interests in specified investments of the New Limited Partner.

  • The New Limited Partner may revoke its consent to electronic delivery of Partnership Information at any time upon written notice to the Partnership and receive all Partnership Information in paper format.

  • Article 66Liability of a New Limited Partner A limited partner who joins a limited partnership after its formation shall be liable according to Article 62 for the partnership commitments entered into before his entry.

  • The New Limited Partner is a trust (revocable or irrevocable) (a) that was not formed for the specific purpose of acquiring an interest in the Partnership, (b) in which each of the trustees or other persons authorized to make decisions with respect to the trust and each of the grantors thereof (and any person who has contributed assets to the trust) is an individual who owns at least $5,000,000 in Investments and (c) that has in excess of $5,000,000 in total assets if the trust is an irrevocable trust.

More Definitions of New Limited Partner

New Limited Partner means American Realty Capital II Advisors, LLC.
New Limited Partner means TERH LP Inc., the limited partner of the Borrower as of the Effective Date.
New Limited Partner is defined in the Preamble hereto.
New Limited Partner has the meaning set forth in the recitals.
New Limited Partner means Calumet Operating, LLC, a Delaware limited liability company and direct Wholly Owned Subsidiary of the MLP Parent that, upon the consummation of the MLP Conversion, will directly hold a 90% limited partner interest in the Borrower.
New Limited Partner means ________________________________, a [Nevada limited liability company] and a limited partner of the Borrower as of the Ownership Restructure Date.
New Limited Partner means the new limited partner of Reorganized TER Holdings to be formed on or prior to the Effective Date pursuant to the Restructuring Transactions, which shall be a wholly-owned subsidiary of Reorganized TER.