Organizational Limited Partner definition

Organizational Limited Partner means Xxxxx X. Xxxxxxx.

Organizational Limited Partner means Xxxxxxxxxx Holdings, Inc., a Delaware corporation, in its capacity as the organizational limited partner of the Partnership pursuant to this Agreement.

Organizational Limited Partner means Xxxxxxx X. Xxxxxxxxx in his capacity as the organizational limited partner of the Partnership pursuant to this Agreement.

Examples of Organizational Limited Partner in a sentence

• The General Partner and the Organizational Limited Partner have previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act.

• Ninety-eight percent of any interest or other profit that may have resulted from the investment or other use of such initial Capital Contributions shall be allocated and distributed to the Organizational Limited Partner, and the balance thereof shall be allocated and distributed to the General Partner.

• Upon the admission to the Partnership of any Limited Partner, the Organizational Limited Partner shall withdraw from the Partnership as the Organizational Limited Partner and shall be entitled to the return of his Capital Contribution, if any, without interest or deduction, and shall cease to be a Limited Partner of the Partnership.

• Ninety-eight percent of any interest or other profit that may have resulted from the investment or other use of such initial Capital Contributions was allocated and distributed to the Organizational Limited Partner, and the balance thereof was allocated and distributed to the General Partner.

• The General Partner and the Organizational Limited Partner previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act.

More Definitions of Organizational Limited Partner

Organizational Limited Partner means NEE Equity in its capacity as the organizational limited partner of the Partnership pursuant to this Agreement.

Organizational Limited Partner means Teekay Corporation in its capacity as the organizational limited partner of the Partnership pursuant to this Agreement.

Organizational Limited Partner means WebFinancial.

Organizational Limited Partner means EnLink Midstream, Inc. in its capacity as the organizational limited partner of the Partnership pursuant to the Original Agreement.

Organizational Limited Partner means MPLX Logistics Holdings in its capacity as the organizational limited partner of the Partnership.

Organizational Limited Partner means CONE Gathering in its capacity as the organizational limited partner of the Partnership pursuant to the Prior Agreement.

Organizational Limited Partner has the meaning set forth in the recitals hereto.