Operating General Partner definition

Operating General Partner means the general partner of an operating limited partnership;
Operating General Partner means NuStar GP, Inc., a Delaware corporation and wholly owned subsidiary of the Partnership, and any successors and permitted assigns as the general partner of NuStar Logistics, L.P.

Examples of Operating General Partner in a sentence

  • The 1% interest will be calculated without regard to any limited partner interest or interests in the Partnership that the Operating General Partner have or may obtain.

  • If not in effect as of the date hereof, the Operating General Partner agree (i) to deliver a valid and binding Extended Use Agreement and evidence that it has been recorded no later than the end of the first taxable year in which any Tax Credit is taken with regarding to any building and (ii) to ensure that all Partnership lenders subordinate their mortgage liens on the Apartment Complex to the Extended Use Agreement at the time it is recorded.

  • None of the Operating General Partner or any of its officers, directors or affiliates intend to tender any Units.

  • Peabody & Xxxxx and Tobin, Carberry, X'Xxxxxx, Xxxxx & Xxxxxxxx, PC, as counsel for the Operating Partnership and the Operating General Partner, will rely upon such information and representations in connection with its delivery of certain opinions with respect to this transaction.

  • Accordingly, the Operating General Partner recommends that the limited partners reject the offer and urges you not to tender any of your limited partnership Units.


More Definitions of Operating General Partner

Operating General Partner means Plains Marketing GP Inc., a Texas corporation and wholly owned subsidiary of the Partnership, and any successors and permitted assigns as the general partner of the Operating Partnerships.
Operating General Partner means Breitburn Operating GP LLC, a Delaware limited liability company, and its successors and permitted assigns as general partner of the Operating Partnership or as the business entity with the ultimate authority to manage the business and operations of the Operating Partnership.
Operating General Partner means Williams GP Inc., a Delaware corporation and wholly xxxxx xxxxidiary of the Partnership, and any successors and permitted assigns as the general partner of the Operating Partnership.
Operating General Partner means Valero GP,