Partnership Obligor definition

Partnership Obligor means any one of them.
Partnership Obligor means, collectively, each of Moose Jaw Refinery Partnership, CanWest Propane Partnership, MP Energy Partnership, Xxxxxx Energy Partnership, Battle River Terminal LP and each other partnership which at any time and from time to time becomes a Credit Party and “Partnership Obligor” means any one of them.
Partnership Obligor and "Partnership Obligors" shall have the ------------------- -------------------- meaning assigned to those terms in Section 4.2 hereof.

Examples of Partnership Obligor in a sentence

  • The New Obligor also expressly assumes all obligations and liabilities of an Obligor thereunder, on its own behalf and on behalf of any Partnership Obligor in which it is a partner (other than a limited partner), general partner or managing partner.

  • Each Corporate Obligor and each Partnership Obligor has the power and authority to execute, deliver and perform under this Agreement and the other Loan Documents to which it is a party, and to borrow hereunder, and has taken all necessary and appropriate partnership or corporate action to authorize the execution, delivery and performance of this Agreement and such other Loan Documents.

  • A Guaranty substantially in the form of EXHIBIT E executed by Communications, each Company, other than Borrower, and each Cellular Partnership Obligor.

  • The New Obligor hereby agrees to be bound as an Obligor party to the Security Agreement by all of the terms, covenants and conditions set forth in the Security Agreement to the same extent that it would have been bound if it had been a signatory Obligor to the Security Agreement on the date of the Security Agreement, on its own behalf and on behalf of any Partnership Obligor in which it is a partner (other than a limited partner), general partner or managing partner.

  • As an inducement to Agents and Lenders to enter into this Agreement, Borrower shall cause Communications, each Company that is a Domestic Subsidiary of Borrower, and each Cellular Partnership Obligor to execute and deliver to Administrative Agent a Guaranty substantially in the form and upon the terms of EXHIBIT C, providing for the guaranty of payment and performance of the Obligation.

  • To the extent required by the laws of any state where a Partnership Obligor conducts its business or owns property, the Partnership Obligors are duly qualified to do business in such states as partnerships organized under the laws of a different jurisdiction except where the failure to so qualify would not have a Material Adverse Effect.

  • Uniform Commercial Code, tax, judgment, PBGC, and EPA searches against Communications, any Company, and any Cellular Partnership Obligor, in such offices and jurisdictions as Agents may reasonably request.

  • Each of Pledgor and any other Obligor identified as a partnership in any of the Loan Documents (collectively, "Partnership Obligors," and individually a "Partnership Obligor") is a partnership duly organized, validly existing and in good standing under the laws of that Obligor's state of organization, and no events have occurred which have or would result in dissolution or winding up of the affairs of any of the Partnership Obligors.

  • As an inducement to Agents and Lenders to enter into this Agreement, Borrower shall cause each other Company and each Cellular Partnership Obligor to execute and deliver to Administrative Agent a Guaranty substantially in the form and upon the terms of EXHIBIT C, providing for the guarantee of payment and performance of the Obligation and the Revolver/Acquisition Obligation.

  • This position is funded by the ‘National Chaplaincy Initiative’ Program (2016 – 2018).

Related to Partnership Obligor

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Partnership Group Member means any member of the Partnership Group.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Operating Partnership has the meaning set forth in the preamble.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Partnership has the meaning set forth in the Preamble.

  • Securitization Entity means a Wholly Owned Subsidiary of the Borrower (or another Person in which the Borrower or any Subsidiary of the Borrower makes an Investment and to which the Borrower or any Subsidiary of the Borrower transfers accounts receivable and related assets) which engages in no activities other than in connection with the financing of accounts receivable and which is designated by the Board of Directors of the Borrower (as provided below) as a Securitization Entity (i) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (A) is guaranteed by the Borrower or any Restricted Subsidiary of the Borrower (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard Securitization Undertakings); (B) is recourse to or obligates the Borrower or any Restricted Subsidiary of the Borrower in any way other than pursuant to Standard Securitization Undertakings; or (C) subjects any property or asset of the Borrower or any Restricted Subsidiary of the Borrower, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings; (ii) with which neither the Borrower nor any Restricted Subsidiary of the Borrower has any material contract, agreement, arrangement or understanding other than on terms, taken as a whole, no less favorable to the Borrower or such Restricted Subsidiary than those that might be obtained at the time from Persons that are not Affiliates of the Borrower, other than fees payable in the ordinary course of business in connection with servicing receivables of such entity, standard Securitization Undertakings and other terms, including Purchase Money Notes, typical in Securitization Transactions; and (iii) to which neither the Borrower nor any Restricted Subsidiary of the Borrower has any obligations to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. Any such designation by the Board of Directors of the Borrower shall be evidenced to the Agent (for distribution to the Lenders) by filing with the Agent a certified copy of the Board Resolution of the Borrower giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the foregoing conditions.

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Issuer Group is defined in Section 10.02(d).

  • Subsidiary Partnership means any partnership of which the partnership interests therein are owned by the General Partner or a direct or indirect subsidiary of the General Partner.

  • PAA means Plains All American Pipeline, L.P., a Delaware limited partnership.

  • Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.

  • Merging entity means an entity that is a party to a merger and exists immediately before the merger becomes effective.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Foreign limited liability partnership means a partnership that:

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.