Examples of Target Partnership in a sentence
Immediately following the Closing Date, the Partnership shall take all actions as are necessary for it to be admitted to the Target Partnership as a substitute limited partner of the Target Partnership as to all of the Units purchased pursuant to the Offer.
The Managing General Partner may cause the Target Partnership to make an election under Section 754 of the Code only with the mutual consent of all other Partners, which consent will not be unreasonably withheld.
The Target Partnership is principally engaged in the investments, investment consultancy, investment management and business consultation.
Following a Succession Date, one or more Successor Reference Entity or Successor Reference Entities will (unless otherwise specified in the relevant Issue Terms) bedeemed to be a Reference Entity in replacement of (or in addition to, as applicable) the relevant Reference Entity originally specified in the relevant Issue Terms.
An Offeree will not recognize gain or loss for Federal income tax purposes when such Offeree exchanges its Target Partnership units solely for OP Units.
There are no outstanding or authorized options, warrants, purchase rights, subscription rights, conversion rights, exchange rights, or other contracts or commitments that could require either Target Corporation to issue, sell, or otherwise cause to become outstanding any of either Target Corporations' capital stock or cause the Target Partnership to admit any additional partners.
Because of the factual nature of the inquiry, we express no opinion as to whether an Offeree's exercise of a redemption right with respect to an OP Unit would cause such Offeree's contribution of Target Partnership units to the AIMCO Operating Partnership to be a taxable transaction under the disguised sale rules of the Code.
The Target Partnership will make an election under Code Section 754 (and any corresponding election under state, local, and foreign tax law) with respect to the purchase and sale of the partnership interests of Target Partnership hereunder and the deemed sale of Target Partnership interests pursuant to the Code Section 338(h)(10) Election in connection with the purchase of the shares of the Target Corporations (a "Section 754 Election").
On 6 June 2014, the Vendors, entered into an agreement, pursuant to which the Company has agreed to purchase 24% of the partnership interest in the Target Partnership from the Vendors, for the Consideration of RMB28,000,000 (equivalent to approximately HK$34,796,000).
Such Seller is not a party to any option, warrant, purchase right, or other contract or commitment that could require such Seller to sell, transfer, or otherwise dispose of any shares of stock of either of the Target Corporations or the partnership interest in the Target Partnership (other than this Agreement).