Examples of Group Partnership in a sentence
These are not the only Chinese- created funds in the MDBs: China has createdseveral trust funds, at the ADB with the PRC Poverty Reduction and Regional Cooperation Fund in 2005, and more recently in 2015 at the World Bank with the China World Bank Group Partnership Facility (CWPF) (see Appendix 2).
Subject to the terms and conditions set forth herein and in the Operating Agreements and the Plan, (i) KKR Group Partnership hereby grants to Holdings II the number of Class P Units set forth in the RHU Grant Certificate, (ii) Holdings II hereby grants to the Grantee the number of Holdings II Units set forth in the RHU Grant Certificate and (iii) the Corporation hereby grants to the Grantee the number of SERs set forth in the RHU Grant Certificate.
Any Distribution paid by KKR Group Partnership to Holdings II with respect to Class A Units held by Holdings II shall be allocated and payable by Holdings II to the Grantee of the Restricted Units corresponding to such Class A Units as provided in the Operating Agreements (subject to Section 2.1(e)).
China has strengthened exchanges and cooperation with the World Bank, Asian Development Bank (ADB) and other multilateral and bilateral financial institutions to provide financial support to some countries.We established the China-World Bank Group Partnership Facility with the World Bank, and set up the People’s Republic of China Poverty Reduction and Regional Cooperation Fund in the ADB.
Except as may be required in the immediately preceding sentence, no adjustments in respect of distributions shall be made upon the Exchange of any Group Partnership Unit.
Upon a Dissolution Event, or in the event that any Group Partnership liquidates, dissolves or winds up, no Group Partnership may declare or pay or set apart payment on its Junior Units unless the outstanding liquidation preference on all outstanding GP Mirror Units of each Group Partnership have been repaid via redemption or otherwise.
To the extent this Agreement imposes obligations upon a particular Och-Ziff Operating Group Partnership or a general partner of an Och-Ziff Operating Group Partnership, this Agreement shall be treated as part of the relevant Och-Ziff Operating Group Partnership Agreement as described in Section 761(c) of the Code and Sections 1.704-1(b)(2)(ii)(h) and 1.761-1(c) of the Treasury Regulations.
If this Agreement imposes obligations upon a particular Ares Operating Group Entity, this Agreement shall be treated as part of the relevant Ares Operating Group Partnership Agreement as described in Section 761(c) of the Code and Sections 1.704-1(b)(2)(ii)(h) and 1.761-1(c) of the Treasury Regulations.
KKR Group Holdings is the general partner of KKR Group Partnership.
For the avoidance of doubt, if an event described in clause (i) or (ii) above occurs, an exchange of Holdings Group Partnership Units, whether occurring before or after the occurrence of such event, shall be treated as an Exchange for all purposes of this Agreement.