LP III definition

LP III means Smart Limited Partnership III, a limited partnership formed under the laws of the Province of Alberta;
Sample 1Sample 2Sample 3
LP III means Affordable Residential Communities, L.P., III, a Delaware limited partnership.
Sample 1Sample 2Sample 3
LP III means Calloway Limited Partnership III. “LP IV” means Calloway Limited Partnership IV.
Sample 1Sample 2

Examples of LP III in a sentence

  • Each option is represented by a corresponding Class C LP III Unit.

  • Holders of Class B LP III Units are entitled to receive distributions equivalent to the distributions on Trust Units.

  • The Class B LP III Units are considered to be economically equivalent to Trust Units.

  • The Class A LP III Units are entitled to all distributable cash of LP III after the required distributions on the Class B LP III Units have been paid.

  • On exercise of the Earnout options relating to LP III, the corresponding Class C LP III Units are cancelled.

  • An unlimited number of Class A LP III Units, Class B LP III Units and Class C LP III Units may be issued by LP III.

  • The Class B LP III Units are non-transferable, except under certain limited circumstances, but are exchangeable into an equal number of Trust Units at the holder's option.

  • Each Class B LP III Unit is entitled to one special voting unit, which will entitle the holder to receive notice of, attend and vote at all meetings of the Trust.

  • Class A LP III partners have 20 votes for each Class A LP III Unit held, Class B LP III partners have one vote for each Class B LP III Unit held and Class C LP III Units have no votes at meetings of the LP III.

  • Each option is represented by a corresponding Class C Smart LP III Unit.


More Definitions of LP III

LP III means Smart Limited Partnership III, a limited partnership formed under the laws of the Province of Alberta; “LP III Class A Units” means the Class A limited partnership units of LP III;
Sample 1

Related to LP III

  • 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.

  • 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.

  • 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.

  • Public-private partnership agreement means an agreement

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

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

  • 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.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • LP Agreement has the meaning set forth in the Recitals.

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

  • Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership dated as of , 2011, as the same may be amended, modified or restated from time to time.

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

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

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

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

  • 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.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all 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 Units (other than GP Units).

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

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

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

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

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

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