Original Limited Partner definition

Original Limited Partner means the Limited Partners designated as “Original Limited Partners” on Exhibit A hereto.
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Original Limited Partner means any Person that is a Limited Partner as of the close of business on the date of the closing of the issuance of REIT Shares pursuant to the initial public offering of REIT Shares, and does not include any Assignee or other transferee, including, without limitation, any Substituted Limited Partner succeeding to all or any part of the Partnership Interest of any such Person.
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Original Limited Partner means Xxxxxxxx X. Xxxxxx.
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Examples of Original Limited Partner in a sentence

  • The Original Limited Partner acknowledges that it has no further interest in the Partnership as a limited partner as of the date of this Agreement, and has released all claims, if any, against the Partnership arising out of its participation as a limited partner.

  • The Original Limited Partner made a Capital Contribution of $100.

  • The General Partner and the Original Limited Partner have made Capital Contributions to the Partnership in exchange for the Partnership Units set forth opposite their names on Exhibit A.

  • Moreover, if the General Partner makes a cash tender offer or other offer to acquire REIT Shares, then the General Partner shall cause the Partnership to make a corresponding offer to the General Partner or the Original Limited Partner to acquire an equal number of Partnership Units held by the General Partner.

  • In the event the General Partner redeems any REIT Shares, then the General Partner shall cause the Partnership to purchase from the General Partner or the Original Limited Partner a number of Partnership Units determined by, and based upon, the application of the Conversion Factor on the same terms upon which the General Partner redeemed such REIT Shares.


More Definitions of Original Limited Partner

Original Limited Partner has the meaning specified in the Preliminary Statement.
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Original Limited Partner means the Limited Partner designated as “Original Limited Partner” on Exhibit A hereto. Partner means any General Partner, Limited Partner or Special Limited Partner. Partner Nonrecourse Debt Minimum Gain has the meaning set forth in Regulations Section 1.704-2(i). A Partner’s share of Partner Nonrecourse Debt Minimum Gain shall be determined in accordance with Regulations Section 1.704-2(i)(5).
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Original Limited Partner means any Person that is a Limited Partner as of the close of business on the date of the closing of the issuance of REIT Shares pursuant to the initial offering of REIT Shares, and does not include any Assignee or other transferee, including, without limitation, any Substituted Limited Partner succeeding to all or any part of the Partnership Interest of any such Person.
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Original Limited Partner has the meaning set forth in the preamble.
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Original Limited Partner means any Person that is a Limited Partner as of the Closing and any of their respective Permitted Transferees that become Limited Partners from time to time in accordance with this Agreement, but does not include any other Assignee or other transferee of any Partnership Interest of any Original Limited Partner succeeding to all or any part of such Partnership Interest.
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Original Limited Partner means Ashford OP Limited Partner, LLC.
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Original Limited Partner means a Limited Partner who is a Partner on the date of this Agreement and who owns one or more Original Limited Partnership Units on the date action is called for under Section 13.1.
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