Reconstituted Partnership definition

Reconstituted Partnership means the Partnership, as reconstituted by a Majority in Interest of the Investor Partners pursuant to Section 9.3.
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Reconstituted Partnership. The new limited partnership formed in the manner described in Section 15.2.
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Reconstituted Partnership. The new limited partnership formed in the ------------------------- manner described in Section 15.2. Record Date: The date established by the General Partner for determining ----------- (i) the identity of Limited Partners entitled to (a) notice of or to vote at any meeting of Limited Partners, (b) give approval in writing for a meeting of Limited Partners, or (c) exercise rights in respect of any other lawful action of Limited Partners, or (ii) the identity of Limited Partners entitled to receive any report or distribution.
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Examples of Reconstituted Partnership in a sentence

  • If such an agreement is duly and timely made, all of the Limited Partners of the Partnership shall continue as limited partners of the Reconstituted Partnership.

  • Therefore, the Commission may consider Clause 2 of the Memorandum of Understanding dated 10.06.2016 and Clause 22 of Reconstituted Partnership Deeds vide which, as an Outgoing Partner, he had been discharged of all liabilities arising with the partnership firm from the date of his retirement, i.e., 01.04.2016 with the retrospective effect.

  • Trib., the firm consisted of 2 partners initially carrying on business over a period of 13 years and 3 new partners were inducted on 15th January, 2010 through a "Deed of Reconstituted Partnership Deed" and immediately thereafter on 16th January,2010 the earlier 2 partners retired through a "Deed of Retirement-cum-Reconstitution of Partnership Deed" whereby the continuing partners' sharing ratio underwent a change.

  • Essentially, this allows the identification of particular needs of each student and make quick, data-driven decisions about how to foster student learning in the most effective way.

  • At the hearing of the Tax Review Board, if any, Sellers, Purchaser and the Reconstituted Partnership shall submit evidence, whether written or by oral testimony, that this transaction is not subject to Transfer Tax (the above described process, the "Contest Process").

  • HILT specificneck py in office was applied 10 sessions over a two pain.

  • Sellers and the Reconstituted Partnership shall further adjust any deposits to utility companies previously made by the Partnership.

  • In the latter approach, one expands the best choice dataset with worst choice data where a minus sign precedes the value of each attribute of the utilities.

  • The terms of any Subject Lease (including the identity of the Tenant thereunder) that will apply with respect to the period of time after the forty-second (42nd) full calendar month after the Closing shall be subject to the approval of the Reconstituted Partnership (which approval shall not be unreasonably withheld so long as the terms of such Subject Leases are consistent with market terms).

  • As permitted pursuant to Section 706 of the Code, the Partnership shall allocate its taxable items of income, gain, loss, deduction and credit for its taxable year that includes the Closing among the partners in the Partnership and the partners in the Reconstituted Partnership for federal income tax purposes by closing the books of the Partnership as of the date of the Closing and treating the period before the Closing and the period after the Closing as two separate taxable periods.


More Definitions of Reconstituted Partnership

Reconstituted Partnership means the Partnership as reconstituted by the Restated Partnership Agreement.
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Related to Reconstituted Partnership

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • 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 has the meaning set forth in the Preamble.

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

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

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • 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.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • General Partner means the general partner of the Partnership.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Single member limited liability company means a limited liability company that has one direct member.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • 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.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Constituent organization means an organization that is party to a merger.

  • Constituent entity means a merging entity or a surviv- ing entity in a merger.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.