Partnership Interest definition

Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.
Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.
Partnership Interest means an ownership interest in the Partnership and includes any and all benefits to which the holder of such an ownership interest may be entitled as provided in this Agreement or the Act, together with all obligations of such Person to comply with the terms and provisions of this Agreement and the Act.

Examples of Partnership Interest in a sentence

  • Li Jianping acquired the 100% limited partnership interest in International South China Investment Fund Limited Partnership and 100% interest in International South China Investment Fund Limited by a deed of assignment and assumption of Limited Partnership Interest.

  • Purchase Price: The Buyer shall purchase the Partnership Interest free7 and clear of liens for the Purchase Price of $25,000.00 (subject to overbid).

  • The8 Purchase Price shall be paid by the Buyer to the Trustee at the closing of the sale in9 accordance with the Agreement for Sale of Partnership Interest, dated as of March 6,10 2024 (the “Agreement”), a copy of which is attached to the Motion as Exhibit 1.

  • The holder of a Limited Partnership Interest (other than a Former Partner) shall have all of the rights and obligations of a Limited Partner under this Agreement to the extent such Person’s Partnership Interests constitute Limited Partnership Interests.

  • Payment Of Costs, Fees And Sales Or Transfer Taxes: In addition to22 the Purchase Price, the Buyer shall bear and be solely responsible for the payment of any23 and all costs, fees, and sales or transfer taxes arising from the sale and transfer of the24 Partnership Interest, including, without limitation, escrow fees, recording fees and25 transfer fees.


More Definitions of Partnership Interest

Partnership Interest means the entire general partnership interest or limited partnership interest at any time owned by any Pledgor in any general partnership or limited partnership.
Partnership Interest has the meaning set forth in the Partnership Agreement.
Partnership Interest means a partner's share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets.
Partnership Interest means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership), including Common Units, Convertible Class B Units, Subordinated Class C Units, Subordinated Units and Incentive Distribution Rights.
Partnership Interest means a Limited Partner Interest, a General Partner Interest or LTIP Units, and includes any and all benefits to which the holder of such a partnership interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Partnership Interest may be expressed as a number of Partnership Units.
Partnership Interest means a partnership interest in the Partnership held by either a Limited Partner or the General Partner (or the predecessor in interest of an Assignee) and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided and limited in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Partnership Interest may be expressed as a number of OP Common Units, OP Preferred Units or other OP Units.
Partnership Interest means the interest of a Partner in the Partnership, including, without limitation, rights to distributions (liquidating or otherwise), allocations, information, and to consent or approve.