Triggering Partner definition

Triggering Partner means the Partner who first properly exercises its buy/sell right pursuant to Section 10.4 by timely delivering a Buy/Sell Notice to the other Partner.
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Triggering Partner means (A) in the case of a Triggering Event described in clauses (i) or (ii) of the definition thereof, the IMC Partner and (B) in the case of a Triggering Event described in clauses (iii) or (iv) or the definition thereof, the FRP Partner.
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Triggering Partner is defined in Section 6.6(a) hereof.
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Examples of Triggering Partner in a sentence

  • Such offer cannot contain terms and conditions which are unique to and impossible of performance by anyone other than the Triggering Partner.

  • Failure to give a Trigger Notice that the Non-Triggering Partner has elected to purchase the Partnership Interest(s) of the Triggering Partner (and to deliver the required deposit) within such forty-five (45) Day period, shall constitute an election to reject the Sale Offer.

  • Offer the PBC in Event Planning and Management curriculum between the departments of RPTA and DFMH during the 2015-2016 school year on the Quad Cities campus (Short-term SP Goal2.Action1c/Goal3.Action2.g) 14.

  • The Non-Triggering Partner shall then have the option to purchase the Partnership Interest(s) of the Triggering Partner for cash at a price equal to the amount (the "Sale Price") that the Triggering Partner would receive under Section 8.1(a) hereof, if the Partnership's assets were sold for the purchase price set forth in the Sale Offer and all of the liabilities of the Partnership were satisfied.

  • The closing of the sale of the Non-Triggering Partner's Partnership Interest shall occur on or before the sixtieth (60th) day following the receipt of the Exercise Notice by the Triggering Partner, the Purchasing Partner or the Partnership, as the case may be; provided that if the Appraisal Procedure is invoked to determine the Transfer Price, the time periods in this sentence shall be extended to the date which is thirty (30) days following the final determination of the Transfer Price.

  • The Non-Triggering Partner shall specify in a notice (a "Trigger Notice") to the Triggering Partner, within forty-five (45) Days after receipt of the Sale Offer, whether or not it(they) desires to accept the Sale Offer and purchase the Partnership Interest(s) of the Triggering Partner for the Sale Price.


More Definitions of Triggering Partner

Triggering Partner shall have the meaning set forth in Section 6.10.1.
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Triggering Partner shall have the meaning given in Section 13.3(a).
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Related to Triggering Partner

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

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

  • Trading Partner means an entity that has registered with the Commission to exchange data through Electronic Data Interchange.

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

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

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

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • Selling Partner has the meaning set forth in Section 8.5.

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

  • 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.

  • Defaulting Partner shall have the meaning set forth in Section 9.1.

  • Contributing Partner means each Partner contributing (or deemed to have contributed on termination and reconstitution of the Partnership pursuant to Section 708 of the Code or otherwise) a Contributed Property.

  • Co-licensed partner means a person who, with at least one other person, has the right to engage in

  • 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.

  • Exchanging Partner has the meaning provided in Section 8.05(a) hereof.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

  • Preferred Member means a Member holding Preferred Units.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • 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.

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.

  • Founding Member means any individual who is either:

  • 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.

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

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

  • General Partner means the general partner of the Partnership.