Examples of TCILP in a sentence
From and after the Approval Date, TCILP agrees to be bound by all of the terms, obligations and conditions of the Partnership Agreement.
NBILP hereby consents to the transfer by each of the Divesting Partners to TCILP of its interest in and to the Partnership and agrees that each such transfer shall be permitted notwithstanding the terms of Section 10.5 of the Partnership Agreement or any other terms thereof that might prohibit such transfer.
The Partnership shall pay the distribution to its partners for the quarter ending June 30, 1999 (that would, but for this sentence, be payable to TCILP) proportionately as between the Divesting Partners, on the one hand, and TCILP, on the other hand, based on the number of days these entities are actually partners of the Partnership during the quarter ending June 30, 1999.
On January 1, 2016, TCPL Portland sold 49.90 percent interest in the Partnership to an affiliate, TCILP.
Using these criteria, management has determined that TIMIA does control TCILP and as a result consolidates the account of TCILP.
Related-party transactions continuedPrior to 16 October 2013, 100% of the ordinary B shares of TCGL were jointly owned by Rockhopper Investments Limited (RIL) and Tungsten Corporation Investment Limited Partnership (TCILP).
Making this judgment involves taking into consideration the concepts of power over TCILP, exposure and rights to variable returns, and the ability to use power to direct the relevant activities of TCILP so as the generate economic returns.
Thus, the majority’s ruling in this case could lead not only to confusion and uncertainty, but to significant budgetary and staffing reallocations as well.
The Company, as the sole managing general partner of TCILP, covenants and agrees that it shall cause TCILP to use all proceeds from sales of Series B Preferred Stock that TCILP receives from the Company solely for the benefit of TCILP and for working capital purposes only.
Prior to 16 October 2013, 100 per cent of the ordinary B shares of TCGL were jointly owned by Rockhopper Investments Limited (RIL) and Tungsten Corporation Investment Limited Partnership (TCILP).