Xxxxxxxx Islands Limited Partnership Act definition

Xxxxxxxx Islands Limited Partnership Act means the Limited Partnership Act of the Associations Law of The Republic of the Xxxxxxxx Islands, as amended, supplemented or restated from time to time, and any successor to such statute.
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Examples of Xxxxxxxx Islands Limited Partnership Act in a sentence

  • The Sponsor Securities (as defined below) and the Incentive Distribution Rights and the limited partnership interests represented thereby have been duly authorized and validly issued in accordance with the Partnership Agreement and fully paid (to the extent required under the Partnership Agreement) and non-assessable (except as such non-assessability may be affected by matters described in Section 41 of the Xxxxxxxx Islands Limited Partnership Act (the “Xxxxxxxx Islands LP Act”)).

  • The Merger shall be conducted in accordance with and shall have the effects set forth in this Agreement and the applicable provisions of Xxxxxxxx Islands Limited Liability Company Act and the Xxxxxxxx Islands Limited Partnership Act.

  • The Sponsor Units and the Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement, and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 30, 41, 51 and 60 of the Xxxxxxxx Islands Limited Partnership Act and except as may otherwise be provided in the Partnership Agreement.

  • Navios Maritime and GP LLC have formed the MLP pursuant to the Xxxxxxxx Islands Limited Partnership Act (the “Xxxxxxxx Islands LP Act”) for the purpose of, among other things, acquiring and owning all of the outstanding shares of capital stock of and operating all of the assets of certain indirect subsidiaries of Navios Maritime that own and operate vessels.

  • Such common units and the Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement, and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Section 41 of the Xxxxxxxx Islands Limited Partnership Act and subject to the provisions of the Partnership Agreement).

  • Xxxxx and the General Partner have formed the Partnership pursuant to the Xxxxxxxx Islands Limited Partnership Act (the “Xxxxxxxx Islands LP Act”) for the purpose of owning and operating liquefied natural gas carriers and floating storage and regasification units under long-term charters.

  • All such partner interests have been duly authorized and validly issued in accordance with the partnership agreement of the Operating Company and are fully paid (to the extent required under the partnership agreement of the Operating Company) and, with respect to the limited partner interests, nonassessable (except as such nonassessability may be affected by Section 41 of the Xxxxxxxx Islands Limited Partnership Act and subject to the provisions of the partnership agreement of the Operating Company).

  • Dynagas Holding and the General Partner have formed the Partnership pursuant to the Xxxxxxxx Islands Limited Partnership Act (the “MILPA”) for the purpose of owning and operating liquefied natural gas (“LNG”) carriers under multi-year charters.

  • Teekay and MLP GP have formed MLP pursuant to the Xxxxxxxx Islands Limited Partnership Act for the purpose of, among other things, acquiring, owning and operating a 26% interest in substantially all the assets of certain subsidiaries of Teekay used in the offshore oil transportation, processing and storage sectors.

  • The Common Units currently held by Teekay Holdings and the Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement, and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Section 41 of the Xxxxxxxx Islands Limited Partnership Act (the “MI LPA”) and subject to the provisions of the Partnership Agreement).

Related to Xxxxxxxx Islands Limited Partnership Act

  • Partnership Act means the Delaware Revised Uniform Limited Partnership Act, 6 Del. C. §§ 17-101, et seq., as it may be amended from time to time, and any successor to such statute.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Certificate of Limited Partnership means the Certificate of Limited Partnership of the Partnership filed with the Secretary of State of the State of Delaware as referenced in Section 7.2, as such Certificate of Limited Partnership may be amended, supplemented or restated from time to time.

  • Delaware LP Act means the Delaware Revised Uniform Limited Partnership Act.

  • Foreign limited liability partnership means a partnership that:

  • Professional limited liability company means a limited

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Limited Liability Company Agreement means the Amended and Restated Limited Liability Company Agreement of the Depositor, dated as of March 1, 2001, executed by Ford Credit, as sole member; or the Limited Liability Company Agreement of Ford Credit, dated as of April 30, 2007 and effective on May 1, 2007, as the context requires.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • 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.

  • Original Limited Partner means the Limited Partners designated as “Original Limited Partners” on Exhibit A hereto.

  • 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.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Partnership at will means a partnership in which the partners have not agreed to remain partners until the expiration of a definite term or the completion of a particular undertaking.

  • Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

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

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