Partnership Transfer definition

Partnership Transfer has the meaning set forth in Section 7.1(b).
View Source
Partnership Transfer has the meaning set forth in Section 3.4(a).
View Source
Partnership Transfer is defined in Section 9.1(b).
View Source

Examples of Partnership Transfer in a sentence

  • If for any reason the Partnership Transfer does not occur simultaneously with the Membership Transfer, then the Membership Transfer and the Partnership Transfer shall be null and void and of no force and effect.

  • Such deduction and withholding may be taken in securities, in which case the Company, the Partnership, the Company Transfer Agent or the Partnership Transfer Agent, as applicable, shall be treated as having sold such securities for an amount of cash equal to the fair market value of such securities at the time of such deemed sale as reasonably determined by the Company, the Partnership, the Company Transfer Agent or the Partnership Transfer Agent, as applicable.

  • If for any reason the Membership Transfer does not occur simultaneously with the Partnership Transfer, then the Partnership Transfer shall be null and void and of no force and effect.

  • For the avoidance of doubt, it is intended that the Class A Units may only be Transferred together with the same number of PAGP Class B Shares and the same number of Holdings GP Units (subject to the last sentence of this Section 7.1(b)), and that if for any reason the Transfer of such PAGP Class B Shares and Holdings GP Units does not occur simultaneously with the Partnership Transfer, then the Partnership Transfer shall be null and void and of no force and effect.

  • None of Atlas Energy, the Partnership, the General Partner, Atlas Energy GP nor the Partnership Transfer Agent will be required to guarantee any minimum sale price for the fractional Partnership Common Units.

  • None of Atlas Energy, the Partnership, the General Partner, Atlas Energy GP nor the Partnership Transfer Agent will be required to pay any interest on the proceeds from the sale of fractional units.

  • General Partner shall not have the right to withdraw voluntarily from the Partnership, Transfer all or a portion of General Partner's Partnership Interest or permit the transfer of an ownership interest in the General Partner, without the Consent of Special Limited Partner, which Consent may be withheld or granted in Special Limited Partner's sole and absolute discretion.

  • A General Partner may not withdraw its interest in the Partnership, Transfer its interest to any person or admit any person as a substitute General Partner except as provided in Section 4.13, Article VIII or this Article IX.

  • The General Partner may not withdraw its interest in the Partnership, Transfer its interest to any Person or admit any Person as a substitute General Partner except as provided in Article VIII or this Article IX.

  • A General Partner may not withdraw its interest in the Partnership, Transfer its interest to any person or admit any person as a substitute General Partner except as provided in Section 4.13, Article IX or this Article X.


More Definitions of Partnership Transfer

Partnership Transfer shall have the meaning set forth in Section 9.1(b). --------------
View Source

Related to Partnership Transfer

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

  • 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.

  • Partnership Interest means an ownership interest in the Partnership representing a Capital Contribution by either a Limited Partner or the General Partner or the provision of services to or for the benefit of the Partnership by an existing Partner acting in a partner capacity, or by a new Partner acting in a partner capacity or in anticipation of becoming a 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. A Partnership Interest may be expressed as a number of Partnership Units.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.