Operating Partners definition

Operating Partners means Persons whose principal business, taken as a whole, is owning and operating Oil and Gas Properties.
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Operating Partners has the meaning set forth in Section 4.03(b). “Participation Threshold” means, as to any Class C Profits Interests, the amount set forth in the applicable Class C Profit Interests Grant. “Percentage Interest” of any Class C Common Rights Holder means, on any date of determination, the product of (i) 100% and (ii) a fraction, the numerator of which is the number of Class C Common Units, Class C-1 Common Units or other Units (other than the Series A Units, Series A-1 Units, Series B Units, and Class C Profits Interests) then held by such Class C Common Rights Holder, as applicable, and the denominator of which is the aggregate number of all Class C Common Units, Class C-1 Common Units and other Units (other than the Series A Units, Series A-1 Units, Series B Units and Class C Profits Interests) then held by all Class C Common Rights Holders. “Permitted Transferee” means, (i) with respect to any Member who is an individual, any spouse, lineal descendant, sibling, parent, heir, executor, administrator, testamentary trustee, legatee or beneficiary of such Member or any trust or other Entity Controlled by such Member for the benefit of any such Person, solely for estate planning purposes, (ii) with respect to any Member that is an Entity, any Affiliate of such Member or (iii) with respect to a Magnetar Member, (v) any third party investor, or Entity who is a partner of, or otherwise provides financing to, a Magnetar Member or any Affiliate thereof, (w) any Person to whom a pledge or granting of a security interest (including the right to foreclose thereon) is made in connection with providing debt financing to a Magnetar Member or its Affiliates, (x) any Entity who desires to invest in the Company, (y) its partners, limited partners, members, equityholders or direct or indirect beneficial owners to which a distribution is made to the extent required by a Magnetar Member’s organizational documents or in connection with any dissolution of a Magnetar Member, or (z) to any parallel investment funds, co-investment funds, successor investment funds and other investment vehicles under common management with a Magnetar Member or any Affiliate thereof; provided that Transfers effected by a Magnetar Member pursuant to clause (iii) of this definition through repurchases or reissuances of Units shall be deemed Transfers to Permitted Transferees. “Person” means any natural person or Entity. “Plan” has the meaning set forth in the Recitals.
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Operating Partners shall have the meaning ascribed to such term in Section 7.06(c) hereof. “Organizational Expenses” shall have the meaning ascribed to such term in Section 7.06(a) hereof. “Original Agreement” shall have the meaning ascribed to such term in the recitals hereto. “Other Accounts” shall mean the Co-Investment Vehicles and any other investment account or pooled investment vehicle advised or managed by the Management Company or any of its Affiliates having investment guidelines substantially the same in whole or in part as those of the Partnership.
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Examples of Operating Partners in a sentence

  • CLEComcast Cablevision COMCox Communications COXEast Cleveland Cable ECCErie County Cablevision ERIFremont Cablevision FRCFrontierVision Operating Partners FROGrafton Cable Communications GRAInsight Communications, Inc.

  • In Texas, a principal is liable for the conduct of his agent “based on the principal’s control or right to control the agent’s actions undertaken to further the principal’s objectives.” F.F.P. Operating Partners, L.P. v.

  • NextEra Energy Equity Partners, LP (“NEE Equity”), which is indirectly, wholly owned by NextEra Energy, holds non-economic Special Voting Units that provide NEE Equity with an aggregate number of votes on certain matters that may be submitted for a vote of NextEra Energy Partners’ unitholders that is equal to the aggregate number of common units of NextEra Energy Operating Partners, LP (“NextEra Energy Operating Partners”) held by NEE Equity on the relevant record date.

  • Lee Partners, L.P. is the general partner of THL Coinvestment Partners, L.P. and THL Operating Partners, L.P. Thomas H.

  • When dealing with non core investments that are directly owned, Operating Partners shall be added to the list of “Suitable Investment Partners.” The ownership structure of non core assets within commingled funds will be governed by the fund documents.

  • This will be added to the 70 marks allotted for other Technical Criteria (sub-clause iii) to form a total of 100 marks for Technical Qualification At the end of Stage 1, organizations meeting the minimum Technical Qualification Score of 70% (i.e., 70 marks out of 100 marks) would be empanelled as potential Operating Partners with DSEU against a specific sector.

  • On 22 November 2010 Mark Brangstrup Watts and James Corsellis were appointed as members of Marwyn Operating Partners LLP, which was dissolved on 16 February 2016.

  • Lee Parallel (DT) Fund VI, L.P., THL Equity Fund VI Investors (MoneyGram), LLC, THL Operating Partners, L.P. and THL Coinvestment Partners, L.P., the “THL Funds”); (viii) 66,613 shares held by Putnam Investments Employees’ Securities Company III LLC (the “Putnam Fund”); and (ix) 66,638 shares held by Great-West Investors, L.P. (the “Great-West Fund”).

  • While this is only a temporary arrangement it is a welcome development.

  • The four Vessel Operating Partners are SCI, PIL of Singapore, K-Line of Japan and Wan Hai of Taiwan with one vessel each; and the other remaining one vessel is shared by the partners (50% by Wan Hai and 50% by other three partners).


More Definitions of Operating Partners

Operating Partners means each of the BEE Partners and PD Naidoo Family Trust;
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Operating Partners means (a) third party consultants who may have a contractual relationship with the either the Manager or a Portfolio Company (“External Operating Partners”) and (b) Manager employees who provide similar non- investment management direct services to Portfolio Companies (“Internal Operating Partners”). Operating Partners may be presented on the Manager’s website or in other offering materials. Portfolio Companies either pay these individuals directly or reimburse the Manager for the services of the Internal or External Operating Partner, but in both instances this is a direct expense borne by the Portfolio Company. For the avoidance of doubt, these expenses are not included in Manager Fees or Manager Reimbursements. If services are provided to the Manager by an Operating Partner, they are borne by the Manager. Although the term “Operating Partner” is used, the role played by such individuals can be operational, financial, legal, etc., but in virtually all cases is never a transactional role.
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Operating Partners are defined in Section 2.02.
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Operating Partners means a manufacturing or distribution company that is licensed within its territory to manufacture, or distribute cannabis-related Products that has entered into a manufacturing agreement, license agreement, royalty agreement, a joint venture or any similar arrangements with the Issuer;
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Related to Operating Partners

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.

  • Operating Partnership has the meaning set forth in the preamble.

  • 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.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • Partners means the General Partner and the Limited Partners.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • Operating Company has the meaning set forth in the preamble.

  • General Partner has the meaning set forth in the Preamble.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.

  • Non-Lead Operating Advisor means the “trust advisor”, “operating advisor” or other analogous term under any Non-Lead Securitization Servicing Agreement.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • GP means Gottbetter & Partners, LLP.

  • Service Partners means any successful vendor who is awarded the proposal or who entered into an agreement with CIPC and/or its clients to offer consulting services in areas such as but not limited to, strategic e-business consulting, evaluation, implementation and continuous improvement or system integration.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Operating Advisor means the operating advisor appointed as provided in the Lead Securitization Servicing Agreement.

  • ESC means erosion and sediment control.