Partnership Equity definition

Partnership Equity means and be calculated as the fair market value, as of the first anniversary of the Closing Date, of the radio stations then wholly-owned by Seller (as agreed to by Seller and Buyers, or if they are unable to agree, then by an appraisal conducted by an appraiser mutually-acceptable to Seller and Buyers, whose fees shall be borne equally by Seller on the one hand and Buyers on the other hand), PLUS accounts receivable (less appropriate allowance for doubtful accounts), cash and cash equivalents, and LESS all liabilities (as determined under generally-accepted accounting principles consistently applied).
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Partnership Equity means partners’ equity as presented on the statement of financial position of the Limited Partnership from time to time.
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Partnership Equity. Equity belonging to the Partners in this Partnership.
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Examples of Partnership Equity in a sentence

  • All Commercial General Liability Insurance policies shall name as additional insureds Landlord (or its successors and assignees), the managing agent for the Building (or any successor), EOP Operating Limited Partnership, Equity Office Properties Trust and their respective members, principals, beneficiaries, partners, officers, directors, employees, and agents, and other designees of Landlord and its successors as the interest of such designees shall appear.

  • The parties agree that Racial Justice is of such paramount importance that we are committed to working together to form a National Labor Management Partnership Equity Inclusion Diversity and Racial Justice Task Force that reports up to the Alliance LMP Executive Committee.

  • Notwithstanding the foregoing, it is understood and agreed that an amendment of the Partnership Agreement in connection with the issuance of any Partnership Equity Securities as provided in this Agreement that effects a proportionate reduction in Investor Group Sharing Ratios, Investor Group Unit Sharing Ratios or Sharing Ratios of the existing Partners will not be considered a material adverse change on any existing Partner.

  • Prior to the Effective Time, Parent shall take all actions necessary to terminate each of the Partnership Equity Plans, effective as of and subject to the occurrence of the Effective Time.

  • Prior to the actions described in Section 2.1, the Partnership Equity Awards shall be adjusted in accordance with Section 5.2 of the Employee Matters Agreement.

  • Prior to the Effective Time, the Partnership shall take all actions necessary to terminate each of the Partnership Equity Plans, effective as of and subject to the occurrence of the Effective Time.

  • Equity Resources further agreed that at any meeting of the partners of the Partnership, however called, and in any action by consent of the limited partners of the Partnership, Equity Resources will vote, or cause to be voted, in person or by proxy, the Units held of record or beneficially owned by it against approval of any proposal made in opposition to or in competition with the merger.

  • It is understood that no Partnership Equity Awards existing as of the record time for the Distribution, all of which shall be adjusted in connection with the Distribution pursuant to Section 3.5, shall entitle the holder thereof to receive any SpinCo Common Units in the distribution.

  • Parent shall include in the Registration Statement a number of Parent Shares sufficient to satisfy the settlement of Partnership Equity Awards contemplated by Sections 3.5(b) and 3.5(c)(i).

  • All Partnership Common Units reserved for issuance under the Partnership Equity Plan, when issued in accordance with the respective terms thereof, are or will be duly authorized, validly issued, fully paid (to the extent required under the Partnership LPA) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the DRULPA and the Partnership LPA) and not subject to any preemptive rights.


More Definitions of Partnership Equity

Partnership Equity means, as at any date, the aggregate of the amounts which would, in accordance with GAAP, appear on a consolidated balance sheet of the Issuer and its Restricted Subsidiaries as of such date (after exclusion of outside minority interests in such Subsidiaries as (i) the contributions with respect to partnership interests (net of distributions) plus(ii) retained earnings.
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