Limited Partner Interests definition

Limited Partner Interests has the meaning set forth in the Partnership Agreement.

Limited Partner Interests means the Common LP Interests and the Preferred LP Interests.

Limited Partner Interests means the Common Limited Partner Interests and the Preferred Limited Partner Interests.

Examples of Limited Partner Interests in a sentence

• The transfer of any Limited Partner Interests and the admission of any new Limited Partner shall not constitute an amendment to this Agreement.

• If no such written direction is received, such Limited Partner Interests will not be voted.

• With respect to voting rights attributable to Limited Partner Interests that are held by Assignees, the General Partner shall be deemed to be the Limited Partner with respect thereto and shall, in exercising the voting rights in respect of such Limited Partner Interests on any matter, vote such Limited Partner Interests at the written direction of the Assignee who is the Record Holder of such Limited Partner Interests.

• A transferor of a Certificate representing a Limited Partner Interest shall, however, only have the authority to convey to a purchaser or other transferee who does not execute and deliver a Transfer Application (a) the right to negotiate such Certificate to a purchaser or other transferee and (b) the right to transfer the right to request admission as a Substituted Limited Partner to such purchaser or other transferee in respect of the transferred Limited Partner Interests.

• Any such Notice of Election to Purchase mailed to a Record Holder of Limited Partner Interests at his address as reflected in the records of the Transfer Agent shall be conclusively presumed to have been given regardless of whether the owner receives such notice.

More Definitions of Limited Partner Interests

Limited Partner Interests means Partnership Interests held by Limited Partners.

Limited Partner Interests means all of the outstanding limited partner interests in the Funds.

Limited Partner Interests means the average of the daily Closing Prices (as hereinafter defined) per Limited Partner Interest of such class for the 20 consecutive Trading Days (as hereinafter defined) immediately prior to such date; (ii) "Closing Price" for any day means the last sale price on such day, regular way, or in case no such sale takes place on such day, the average of the closing bid and asked prices on such day, regular way, in either case as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted for trading on the principal National Securities Exchange (other than the Nasdaq Stock Market) on which such Limited Partner Interests of such class are listed or admitted to trading or, if such Limited Partner Interests of such class are not listed or admitted to trading on any National Securities Exchange (other than the Nasdaq Stock Market), the last quoted price on such day or, if not so quoted, the average of the high bid and low asked prices on such day in the over-the-counter market, as reported by the Nasdaq Stock Market or such other system then in use, or, if on any such day such Limited Partner Interests of such class are not quoted by any such organization, the average of the closing bid and asked prices on such day as furnished by a professional market maker making a market in such Limited Partner Interests of such class selected by the General Partner, or if on any such day no market maker is making a market in such Limited Partner Interests of such class, the fair value of such Limited Partner Interests on such day as determined reasonably and in good faith by the General Partner; and (iii) "Trading Day" means a day on which the principal National Securities Exchange on which such Limited Partner Interests of any class are listed or admitted to trading is open for the transaction of business or, if Limited Partner Interests of a class are not listed or admitted to trading on any National Securities Exchange, a day on which banking institutions in New York City generally are open.

Limited Partner Interests means a Limited Partner’s entire ownership interest in the Partnership at any particular time as a Limited Partner, including, without limitation, such Limited Partner’s right to vote (if any), and to receive distributions pursuant to this Agreement and any and all rights and benefits to which such Limited Partner may be entitled as provided in this Agreement and the Act, together with the obligation of such Limited Partner to comply with all the terms and. provisions of this Agreement. The term “Limited Partner Interest” specifically does not include any Interest in the Partnership which the Limited Partner may own as a General Partner.

Limited Partner Interests is defined in the Operating Agreement.

Limited Partner Interests means all of the limited partner interests in each of the Midstream Companies.

Limited Partner Interests means the interests of the Limited Partners in the profits and losses of the Partnership and the right to receive distributions of Partnership assets, and specifically excluding the corresponding interests of the General Partner.