Vested Partnership Points definition

Vested Partnership Points means, at any time and with respect to any Partner, the number of Partnership Points held by such Partner which have vested at such time, as determined in accordance with the provisions of the Agreement, including Exhibit A hereto, or which were fully vested when issued. The number of Vested Partnership Points held by each Partner and the vesting schedule with respect to any Partnership Points which are not vested, shall be indicated
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Vested Partnership Points means, at any time and with respect to any Partner, the number of Partnership Points held by such Partner which have vested at such time, as determined pursuant to an agreement between the Partnership and such Partner in connection with the issuance of such Partnership Points. The number of Vested Partnership Points held by each Partner and the vesting schedule with respect to any Partnership Points which are not vested, shall be indicated on Schedule A hereto, which Schedule shall be updated by the General Partner as additional Partnership Points are issued and/or vest from time to time. In addition to the foregoing, other capitalized terms used in this Agreement shall have the meaning ascribed thereto in the text of this Agreement.
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Examples of Vested Partnership Points in a sentence

  • By:/s/ Michxxx Xxxxxxx --------------------------------- Name: Michxxx Xxxxxxx Title: President 5 EXHIBIT A ATTACHED TO AND MADE A PART OF THE AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF SKYLINE ASSET MANAGEMENT, L.P. PARTNERSHIP POINTS ----------- Vested Partnership Points Issued to General Partner: Affiliated Managers Group, Inc.

Related to Vested Partnership Points

  • Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • GP means Gottbetter & Partners, LLP.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

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

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

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • General Partner has the meaning set forth in the Preamble.

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

  • 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.

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

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • 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.

  • 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 such Act.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • 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.

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

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • 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.

  • Operating Partnership has the meaning set forth in the preamble.

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

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Defaulting Limited Partner has the meaning provided in Section 5.2(c) hereof.

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

  • 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.