New Limited Partner definition

New Limited Partner is defined in Section 3.7.1.
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 American Realty Capital II Advisors, LLC.

Examples of New Limited Partner in a sentence

  • The name and address of the New Limited Partner of the Partnership is ▇▇▇▇ ▇.

  • Upon the execution of this Joinder Agreement by each of the parties hereto, the New Limited Partner shall be admitted as a Limited Partner of the Partnership effective as of [Insert Date].

  • By executing this Joinder Agreement, [Insert Name of New Limited Partner] (the “New Limited Partner”), hereby agrees that effective upon the execution of this Joinder Agreement by each of the parties hereto, it shall be bound by all of the terms and conditions of the Agreement and shall become a party to the Agreement.

  • The execution by the New Limited Partner of this Joinder Agreement shall constitute its execution of a counterpart signature page to the Agreement.

  • Admission of a New Limited Partner (including a New Limited Partner holding Units received in a Permitted Transfer) is conditioned upon the execution of a Joinder in the form attached hereto as Exhibit 3.7. Upon such admission of a New Limited Partner, the General Partner shall amend Exhibit 3.1 to reflect the Units owned by such New Limited Partner.


More Definitions of New Limited Partner

New Limited Partner means any Limited Partner that is not a Rolling Limited Partner.
New Limited Partner means any person who becomes a Limited Partner after the date of this Agreement.
New Limited Partner has the meaning set forth in Section 3.3(a) hereof.
New Limited Partner has the meaning set forth in the recitals.
New Limited Partner is defined in the Preamble hereto.
New Limited Partner means TERH LP Inc., the limited partner of the Borrower as of the Effective Date.
New Limited Partner means ________________________________, a [Nevada limited liability company] and a limited partner of the Borrower as of the Ownership Restructure Date.