New Partner definition

New Partner shall have the meaning set forth in Section 3.3(c) hereof.

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New Partner. 68 [Substituted Limited Partner version] PARTNER SCHEDULE EXCEL REALTY PARTNERS, L.P. THIS PARTNER SCHEDULE is executed by Excel Realty Trust, Inc., a Maryland corporation (the "General Partner"), and the party named below (the "Substituted Partner") in respect of Excel Realty Partners, L.P., a Delaware limited partnership (the "Partnership").

New Partner shall have the meaning ascribed to such term in the recital hereto.

Examples of New Partner in a sentence

• New Partner Institutions and/or Federal Agencies shall be approved and added in accordance with the CESU Council guidance, as posted on the CESU Network website (▇▇▇.▇▇▇▇.▇▇▇).

• The admission of a New Partner shall not cause the dissolution of the Partnership.

• New Partner Institutions and/or Federal Agencies shall be approved and added in accordance with the CESU Network Council guidance, as posted on the CESU Network National Office website (▇▇▇.▇▇▇▇.▇▇▇).

• Each such New Partner must execute an appropriate supplement to this Agreement pursuant to which such New Partner agrees to be bound by this Agreement and satisfy any other requirements set by the General Partner.

• Concurrently with the admission of any New Partner or any increase in the Capital Commitment of an existing Limited Partner after the Initial Closing Date, the Partnership shall pay to the General Partner an amount equal to the Management Fee that would have been payable prior to the date of such admission with respect to such New Partner’s Capital Commitment or the increased amount of such existing Limited Partner’s Capital Commitment had such Capital Commitment been made on the Initial Closing Date.

• The Subsequent Closing True-Up made by each such New Partner or Limited Partner shall be used to pay the Management Fees due and payable with respect to such New Partner’s Capital Commitment or the increased Capital Commitment of an Existing Limited Partner, with the balance distributed to all of the Partners on a pro rata basis (based upon each Partner’s Capital Commitment in relation to the aggregate Capital Commitments of all Partners).

• Upon the admission of a New Partner pursuant to Section 5.5(a), a new Accounting Period shall begin as set forth in Section 3.l(a)(ii), and the Fund Percentages shall be reallocated in accordance with Section 3.1(d).

• The admission of each New Partner shall become effective as of the date of this Amendment, which shall also be the date on which the name of each New Partner is recorded on the books and records of the Partnership.

• The Subsequent Closing True-Up made by such New Partner or such Limited Partner shall be considered a Capital Contribution by such Partner made as of the date or dates that such Capital Contributions, or portions thereof, would have been made if such New Partner had been admitted to the Partnership, or such Limited Partner had made such increased Capital Commitment, on the Initial Closing Date and such New Partner’s or Limited Partner’s unfunded Capital Commitment shall be reduced by a like amount.

• Upon the admission of a New Partner pursuant to Section 5.05(a), the Percentage Interests shall be reallocated, with the New Partner receiving the Percentage Interest calculated in accordance with Section 4.02 that reflects, as determined by the General Partner in his sole discretion, the ratio of Current Value of the New Partner's contribution to the Net Value of the Partnership Assets, and with the Percentage Interests of each existing Partner being adjusted in accordance with Section 4.02.

More Definitions of New Partner

New Partner. EXHIBIT D THE PARTNERSHIP UNITS REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR THE SECURITIES LAWS OF ANY STATE, AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF, AND THE ISSUER SHALL NOT BE REQUIRED TO GIVE EFFECT TO SUCH SALE, TRANSFER OR OTHER DISPOSITION, UNLESS THE HOLDER HEREOF COMPLIES WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS. THE PARTNERSHIP UNITS REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AND CERTAIN OTHER PROVISIONS AS SET FORTH IN THE AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF CRT BMWCX, LTD., DATED AS OF __________, 2004, A COPY OF WHICH IS ON FILE AT THE OFFICE OF THE PARTNERSHIP. Certificate No. ____ CRT BMWCX, LTD. FORMED UNDER THE LAWS OF THE STATE OF FLORIDA This certifies that _________________ is the owner of ___________________ FULLY PAID PARTNERSHIP UNITS OF CRT BMWCX, LTD. (the "Partnership"), transferable on the books of the Partnership in person or by duly authorized attorney on the surrender of this Certificate properly endorsed. This Certificate and the Partnership Units represented hereby are issued and shall be held subject to all of the provisions of the Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of _______, 2004, as the same may be amended and/or supplemented from time to time.

New Partner means parties that were not party to this Collaboration Agreement as of the Com- mencement Date, but which will participate in the Main Project.

New Partner means any partner joining the Project after the date of this Agreement

New Partner shall have the meaning ascribed to it in Exhibit A.

New Partner means an entity selected by LSU to partner with HSC-S in the AMC after the Termination Date.

New Partner has the meaning given to it in Section 2.2(d).