Class B Limited Partnership Interest definition

Class B Limited Partnership Interest means the Class B limited partnership interest in the Company.
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Class B Limited Partnership Interest. The interest of the Class B Limited Partner in the Partnership.
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Class B Limited Partnership Interest means a certain Class of Limited Partnership Interest of the Partnership designated as “Class B Limited Partnership Interests,” having the voting powers and limitations, preferences and relative, participating, optional or other rights, and the related qualifications, limitations or restrictions, set forth in this Agreement. 5 of 29
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Examples of Class B Limited Partnership Interest in a sentence

  • Book value per Class B Limited Partnership Interest at December 31, 1997 was $8,864 and at March 31, 1998 was $8,500.

  • The Representative Class A Limited Partner, in its capacities both as a Class A Limited Partner and as a GSC Class B Limited Partner, by its execution of this Agreement, shall convert $12,314,523 of the Debentures received by it upon exchange of its Class A Limited Partnership Interest and its Class B Limited Partnership Interest in full into Conversion Shares immediately following the exchange contemplated by Section 3(a) above.

  • Each of DB Capital Investors, L.P. and BTIP/Xxxxxxxx Xxxxxxx, as a Class B Limited Partner, by its execution of this Agreement, hereby agrees to and shall convert any Debentures received upon exchange of its Class B Limited Partnership Interest as contemplated by Section 2(a) above in full into Conversion Shares immediately following such exchange.

  • Each of DB Capital Investors, L.P. and BTIP/Berenson Minella, as a Class B Limited Partner, by its execuxxxx xx xxxx Xxxeement, hereby agrees to and shall convert any Debentures received upon exchange of its Class B Limited Partnership Interest as contemplated by Section 2(a) above in full into Conversion Shares immediately following such exchange.

  • Archstone Enterprise LP 12.5% Class B Limited Partnership Interest ($394,615,000) Archstone Equity Holdings Inc.

  • Dated: September 10, 2003 U.S. BANK NATIONAL ASSOCIATION By: /s/ Richard Prokosch --------------------------------------- Richard Prokosch Vice President By: /s/ Benjamin J.

  • Archstone Enterprise LP 12.5% Class B Limited Partnership Interest ($401,567,675) Archstone Equity Holdings, Inc.

  • The Class B Limited Partners are comprised of property owners, which have contributed to the Partnership a right of way for the Pipeline in exchange for a Class B Limited Partnership Interest.

  • The Partnership Interests held by the Class B Limited Partner are hereby converted into a Class A Limited Partnership Interest and a Class B Limited Partnership Interest, having the Initial Capital Accounts set forth on Schedule A attached hereto and incorporated herein.

  • If EPT exchanges the Class B Limited Partnership Interest into Shares, the number of Shares issued to the exchanging Converting Partner is equal to (i) the Exchange Capital (defined below) attributable to the Class B Limited Partnership interest converted divided by (ii) the greater of EPT Trading Price or the EPT Net Book Value Per Share (the "Exchanged Shares").


More Definitions of Class B Limited Partnership Interest

Class B Limited Partnership Interest means that Interest in the Partnership entitled to receivea portion of the Current Trails equal to sixty-six and two thirds percent (66.67%) of the Current Trails for the one year period subsequent to the date of this Agreement and 100% of Current Trails thereafter, plus any other income of the partnership not otherwise allocated to Class A Limited Partnership Interests herein below, less expenses of the partnership chargeable to Class B Partnership Interests.
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Class B Limited Partnership Interest. As to any Class B Limited Partner, his, her or its Capital Account, Percentage Interest, rights to distributions, profits and losses provided however, such Class B Limited Partnership Interest shall not have any voting rights with respect to the Partnership.
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Class B Limited Partnership Interest means a limited partnership interest in the Partnership entitling the holder thereof to the distribution set forth in Section 4.2 of this Agreement and to the other rights, preferences, qualifications, privileges and limitations set forth in other provisions of this Agreement specified to be applied to the Class B Limited Partnership Interests.
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Related to Class B Limited Partnership Interest

  • 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.

  • 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.

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

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

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

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

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Class B Units means the Class B Units of the Company.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Class B Interests As set forth in the Trust Agreement.

  • 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.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

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

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.