New LP definition

New LP means a Bermuda exempted limited partnership to be formed prior to the Effective Date, the general partner of which will be the Property Partnership;
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New LP means a Delaware limited liability company to be newly organized by the Debtor, which is a joint participant in this Plan and which will be the limited partner of the Reorganized Debtor as provided in this Plan.
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New LP means Brookfield Property Preferred L.P.;
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Examples of New LP in a sentence

  • Pursuant to the Restructuring a real estate investment trust (the “REIT”) will be formed to own and control the general partner of PropCo (“PropCo GP”) and to hold PropCo New LP Interests.

  • All New Senior Secured Notes, New Convertible Notes, New Common Stock, and New LP Units to be distributed under the Plan shall be issued on the Effective Date regardless of when the distribution of such instrument actually occurs.

  • All of the New LP Units distributable under the Plan shall be duly authorized, validly issued, and fully paid and non-assessable.

  • BPY also has the option of delivering the actual consideration (a combination of cash, BAM shares and New LP Preferred Units).

  • The proceeds of the New Bridge Debt and the New LP 5 Notes were used as follows: (a) $dd was loaned by Finance Company 3 to a wholly-owned indirect subsidiary, through an intercompany loan to repay existing indebtedness, (b) $ee was placed by Finance Company 3 in an interest-bearing account that is intended to secure the payment of interest on the New Bridge Debt and (c) the remaining amounts were used to pay fees and expenses of the parties and the lenders.

  • In connection with the issuance of the New LP 5 Notes, LP 5 made an equity contribution of $bb to New Holdco 1 in exchange for cc% of the common stock in New Holdco 1 (the “LP 5 Equity Contribution”).

  • On and after the Effective Date, if applicable, the Reorganized LP is authorized to issue, or cause to be issued, and shall issue the New LP Units in accordance with the terms of the Plan without the need for any further corporate, limited liability company, or shareholder action.

  • On February 10, 1995, Lanetree entered into the NHP Transaction whereby The Lakes Apartments was contributed to a New LP ("NHP Lanetree").

  • On February 10, 1995, Coachtree entered into the NHP Transaction whereby The Villas Apartments was contributed to a New LP ("NHP Coachtree").

  • All of the New LP Units distributable under the Plan will be entitled to economically equivalent distribution and liquidation rights and will be the only units outstanding with respect to the Reorganized LP upon emergence.


More Definitions of New LP

New LP has the meaning specified in Section 10.7.3.2.
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New LP means Brookfield Property Preferred L.P., an exempted limited partnership formed under the laws of Bermuda;
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New LP means a Bermuda exempted limited partnership to be formed prior to the Effective Time, directly or indirectly, by BPY;
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New LP shall have the meaning set forth in the initial sentence hereof.
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New LP has the meaning set forth in the Preamble.
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New LP has the meaning given to it in the Merger Agreement.
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Related to New LP

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Holdco has the meaning set forth in the Preamble.

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • existing company means a company formed and registered under any of the previous companies laws…”

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • EBS means Electronic Bid Submission.

  • OpCo has the meaning set forth in the Preamble.

  • Acquiring Company means a person who obtains Control of the Company;

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

  • Company Joint Venture means any corporation or other entity (including partnership, limited liability company and other business association) that is not a Company Subsidiary and in which the Company or one or more Company Subsidiaries owns an equity interest (other than equity interests held for passive investment purposes which are less than 5% of any class of the outstanding voting securities or other equity of any such entity).

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • BCI means the Bureau of Criminal Identification, and is the designated state agency of the Division of Criminal Investigation and Technical Services Division, within the Department of Public Safety, responsible to maintain criminal records in the State of Utah.

  • Partnership has the meaning set forth in the Preamble.

  • Acquireco means 2620756 Ontario Inc., a wholly-owned subsidiary of the Corporation incorporated under the OBCA for the purpose of carrying out the Amalgamation.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Converted entity means the converting entity as it continues in existence after a conversion.

  • Acquiring Corporation means (i) the continuing or surviving corporation of a consolidation or merger with Issuer (if other than Issuer), (ii) Issuer in a merger in which Issuer is the continuing or surviving person, and (iii) the transferee of all or substantially all of Issuer's assets.

  • SLP means Silver Lake Management Company III, L.L.C., Silver Lake Management Company IV, L.L.C. and their respective affiliated management companies and investment vehicles.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Reorganized Company means the Company, as reorganized pursuant to and under the Plan, on and after the Effective Date, or any successor or assign thereof.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Participating Corporation means any Parent, Subsidiary or Affiliate that the Committee designates from time to time as eligible to participate in this Plan. For purposes of the Section 423 Component, only the Parent and Subsidiaries may be Participating Corporations, provided, however, that at any given time a Parent or Subsidiary that is a Participating Corporation under the Section 423 Component shall not be a Participating Corporation under the Non-Section 423 Component. The Committee may provide that any Participating Corporation shall only be eligible to participate in the Non-Section 423 Component.