Partnership Interest means an ownership interest in the Partnership representing a Capital Contribution by either a Limited Partner or the General Partner 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 Partnership Interest may be expressed as a number of Partnership Units.
Partnership Interest means any class or series of equity interest in the Partnership, which shall include any Limited Partner Interests and the General Partner Interest but shall exclude any Derivative Partnership Interests.
Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.
Examples of Partnership Interest in a sentence
Notwithstanding anything to the contrary contained elsewhere in this Agreement, any Partner shall be entitled to transfer all or part of its Partnership Interest to a transferee, by selling any one or more of their Tokens, in which event the transferee shall become a party to, and bound by, the provisions of this Agreement.
More Definitions of Partnership Interest
Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner 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.
Partnership Interest means a partnership interest, whether general or limited.
Partnership Interest means the entire general partnership interest or limited partnership interest at any time owned by any Pledgor in any general partnership or limited partnership.
Partnership Interest has the meaning set forth in the Partnership Agreement.
Partnership Interest means a partner's share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets.
Partnership Interest means the interest of a Partner in the Partnership.
Partnership Interest means an ownership interest in the Partnership and includes any and all benefits to which the holder of such an ownership interest may be entitled as provided in this Agreement or the Act, together with all obligations of such Person to comply with the terms and provisions of this Agreement and the Act.