Special Partner definition

Special Partner means any person shown in the books and records of the Partnership as a Special Partner of the Partnership, including any Nonvoting Special Partner and any Investor Special Partner.
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Special Partner has the meaning set forth in the Preamble, and also includes any other Person admitted to the Partnership as a Special Partner.
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Special Partner means BSI and DCC LP Canco, for so long as they remain special partners of the Partnership, and any other Person which becomes and remains a special partner of the Partnership in accordance with the provisions of the Amended and Restated Limited Partnership Agreement; and "Special Partners" is the collective reference to all such parties;
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Examples of Special Partner in a sentence

  • Any person not voted upon or, if voted upon, not voted upon favorably, for admission to the Firm as a Regular Partner may be admitted as a "Special Partner." Any person so admitted shall be a member of the class of Special Partners, but may have such other designation (such as Contract Partner, Nonequity Partner, or the like) as the Executive Committee shall determine.

  • Any Special Partner aggrieved by such action may bring the policy to the attention of any meeting of the Regular Partners, who shall have the authority to amend, modify, or rescind the policy by such vote of the Regular Partners as hereinafter specified.

  • A Special Partner may lose its designation as a Special Partner at the discretion of the General Partner.

  • Any person who has retired from the Firm pursuant to the provisions of this section is a "Retired Partner." A Regular Partner or a Special Partner may retire from the Firm at the end of any fiscal year of the Firm in which he or she attains age sixty (60), or at such later date as he or she selects.

  • In the event of an affirmative vote to terminate the Special Partner or to rescind any express power previously granted, the Executive Committee may take such action on behalf of the Firm as it considers reasonable or advisable to assure the Firm and the partners of the protection of such vote, including such publication thereof as the Executive Committee deems necessary to protect the interests of the Firm.

  • Special Partners shall have the power and authority to act in all client matters on behalf of the Firm and to sign opinions of counsel on behalf of the Firm, provided, however, that Special Partners shall have only such express powers to sign on bank accounts and trust accounts of the Firm as shall be granted individually to the Special Partner concerned by the Executive Committee.

  • The vote for admission as a Special Partner shall be in the affirmative number required and taken in the manner hereinafter provided in this Agreement.

  • Each Special Partner shall be designated as a Special Partner in the books and records of the Partnership.

  • The Special Partner and the Investment Adviser receive carried interest compensation that may affect their investment decisions.

  • By the affirmative vote of the same percentage of Regular Partners as were required to vote affirmatively for admission of the Special Partner to the Firm, the Special Partner's association with the Firm may be terminated, without prior notice to the Special Partner and without specification of any reason therefor.


More Definitions of Special Partner

Special Partner has the meaning set forth in Section 3.12 herein.
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Special Partner means (i) DPI to the extent it owns any Units and (ii) any Unitholder who is an affiliate of DPI or any member of the affiliate’s family (within the meaning of the attribution rules of Code § 38).
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Special Partner means the Parent, Five Point GP and any other Partner that is a wholly owned Subsidiary of the Parent.
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Special Partner means Depan, C Corp, Mac’s and/or any other Person who may become a special partner of the Limited Partnership in accordance with the provisions of this Agreement;
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Special Partner means AP Sub, so long as it remains the owner of the Base Interest.
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Related to Special Partner

  • 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.

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

  • 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.

  • 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).

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • 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.

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

  • Noncustodial parent means a person who, at the time of the commencement of court proceedings in the sending state, does not have sole legal custody of the child or has joint legal custody of a child, and who is not the subject of allegations or findings of child abuse or neglect.

  • Merging entity means an entity that is a party to a merger and exists immediately before the merger becomes effective.

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

  • Corporate Partner means a Partner that is subject to tax under [reference to State law].

  • Sub-Investment Manager means for each Fund any sub-investment manager or sub-investment managers indicated in the relevant Supplement and any sub-investment manager that the relevant Investment Manager may appoint in the future to manage the Fund, provided that disclosure of any such sub-investment managers appointed by the Investment Managers will be provided to Shareholders upon request and details thereof will be disclosed in the periodic reports to Shareholders, and provided further that each Sub-Investment Manager may appoint a sub-investment manager/advisor to manage/advise any portion of the assets of any Fund to which it has been appointed Sub-Investment Manager in accordance with the requirements of the Central Bank Rules;

  • 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).

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Resident Partner means a partner who is a resident individual, a resident estate, a resident trust or a resident corporation. "Nonresident partner" means a partner other than a resident partner;

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • SLP means Silver Lake Management Company III, L.L.C., Silver Lake Management Company IV, L.L.C. and their respective affiliated management companies and investment vehicles.

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

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • 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.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • GP means Gottbetter & Partners, LLP.

  • Ares means Ares Management LLC, on behalf of its Affiliated funds, investment vehicles and/or managed accounts.

  • Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.