AECP LP definition

AECP LP has the meaning specified in the introductory paragraph.

Examples of AECP LP in a sentence

  • Owner and the Manager also acknowledge and agree that AECP LP, as the sole member of Owner, is relying on the establishment and maintenance of the separate corporate entity of Owner.

  • Notwithstanding anything to the contrary in this Section 5.4, in no event shall any Disposition Fee be payable by AECP LP or the Owner pursuant to this Section 5.4 in connection with the sale or exchange in the ordinary course of business by AECP LP or the Manager of oil, natural gas or other hydrocarbons produced from the Assets.

  • AECP LP and the Owner acknowledge and agree that the Manager and its Affiliates engage and intend to continue to engage in the exploration, development, production, acquisition and disposition of oil and gas properties in North America and the marketing of production from such properties, which activities may be in competition with the Business of AECP LP and the Owner.

  • The purchase price allocable for an Investment held through a Joint Venture shall equal the product of (i) the Contract Purchase Price of the Property Acquisition and (ii) the direct or indirect ownership percentage in the Joint Venture held directly or indirectly by AECP LP or the Owner.

  • The Organization and Offering Expenses to be reimbursed by AECP LP or the Owner to the Manager shall not exceed one-half percent (0.5%) of the aggregate Gross Proceeds raised in the Offering (such maximum amount, the “Expense Cap”).

  • For purposes of this Section 5.3, “ownership percentage” shall be the percentage of capital stock, membership interest, partnership interest or other equity interests held by the AECP LP or the Owner, without regard to classification of such equity interests.

  • Amounts required to be paid by AECP LP and the Owner pursuant to this Section 5.2(a) at the Initial Closing and each subsequent closing of the Offering are referred to as the “OrgOff Reimbursement Amount”.

  • The OrgOff Reimbursement Amount that is payable to the Manager by AECP LP or the Owner pursuant to Section 5.2(a) will be in addition to all fixed rate charges under any joint operating agreements in which the Manager or its Affiliates act as operator and the Owner owns a working interest.

  • Pursuant to the Partnership Agreement, AECP LP will reimburse AECP GP at or promptly after the Initial Closing and each subsequent closing of the issuance of Common Units in the Offering for the Organization and Offering Expenses it incurs up to a maximum of one percent (1.0%) of the Gross Proceeds raised in the Offering, which reimbursement shall be made concurrently with each payment to the Manager of the OrgOff Reimbursement Amount.

  • As compensation to the Manager for its Management Services rendered in connection with the sale or other disposition by AECP LP or the Owner of all or any portion of the Assets (other than the sale or other disposition in the ordinary course of business of oil, gas or other hydrocarbons produced from the Assets and other than a sale or other disposition to the Manager or any of its Affiliates), the Owner shall pay to the Manager the Disposition Fee.

Related to AECP LP

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

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • PAA means Plains All American Pipeline, L.P., a Delaware limited partnership.

  • CEI / “CEIG” shall mean Chief Electrical Inspector to the State Government.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • GP means Gottbetter & Partners, LLP.

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

  • 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).

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

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Dealer Manager means Realty Capital Securities, LLC, or such other Person selected by the Board of Directors to act as the dealer manager for the Offering.

  • CPE means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • CDO Asset Manager with respect to any Securitization Vehicle that is a CDO, shall mean the entity that is responsible for managing or administering a Note as an underlying asset of such Securitization Vehicle or, if applicable, as an asset of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the holder of such Note).

  • BAM means Brookfield Asset Management Inc.;

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • Contributor means Licensor and any individual or Legal Entity on behalf of whom a Contribution has been received by Licensor and subsequently incorporated within the Work.

  • Partnership Group Member means any member of the Partnership Group.

  • REIT Partner means (a) the General Partner or any Affiliate of the General Partner to the extent such person has in place an election to qualify as a REIT and, (b) any Disregarded Entity with respect to any such Person.

  • Subsidiary Partnership means any partnership or limited liability company that is a Subsidiary of the Partnership.

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;