Series Z Partner definition

Series Z Partner means an individual who was duly issued Series Z Incentive Units and continues to hold such units, and his or her transferee, provided that such transferee qualifies as a Series Z Partner pursuant to the provisions of Section 9.2(a). A Series Z Partner shall also be deemed to be an Additional Limited Partner.
Sample 1

Examples of Series Z Partner in a sentence

  • In addition, the Partners hereby acknowledge and agree that neither the Series Z Incentive Units nor the Series Z-1 Incentive Units shall be Transferred, other than (a) by operation of law to the estate of a Series Z Partner or Series Z-1 Partner, as applicable, or (b) to the Partnership or the General Partner.

  • The admission of the Series Z Partners shall become effective as of the date of this Amendment, which shall also be the date on which the name of each Series Z Partner is recorded on the books and records of the Partnership.

Related to Series Z Partner

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Preferred Member means a Member holding Preferred Units.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

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

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners 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 Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • 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.

  • General Partner means the general partner of the Partnership.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • 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.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • General Partner Loan has the meaning provided in Section 5.2(c) hereof.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Founding Member means any individual who is either:

  • Class C Member means a Member holding the Class C Ordinary Share.

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

  • Managing Member is defined in the recitals to this Agreement.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.