Partnership Interests definition
Examples of Partnership Interests in a sentence
No Person is entitled to any preemptive, rights of first refusal or similar rights to subscribe for or purchase Partnership Interests that are applicable to the Transactions or that would survive the Closing.
If for any reason there is no Equity Holder Representative following the 10-day period described above, all references herein or in any other agreement or instrument contemplated hereby to the Equity Holder Representative in which the Equity Holder Representative is authorized to act on behalf of the Equity Holders shall be deemed to refer to the Equity Holders holding a majority of the outstanding Partnership Interests.
Any disputes among Blocker Seller, the Equity Holders or any other Person with respect to the allocation of the Closing Purchase Price, Final Purchase Price or other amounts due hereunder, among such Persons shall not interfere in any way with, or give rise to any claim or right upon, Purchaser’s ownership of the Partnership Interests or the Blocker Interests.
Upon delivery to the Paying Agent of a Letter of Transmittal duly executed and properly completed in accordance with the instructions thereto, and all other required materials as set forth therein or as otherwise required by the Paying Agent, such Equity Holder shall be entitled to receive for such Equity Holder’s Partnership Interests the payments described in Section 2.07(a)(ii).
The Partnership Interests constitute, and, as of immediately prior to the Effective Time, will constitute, all of the Equity Interests of the Partnership.