AIMCO OP definition

AIMCO OP means AIMCO Properties, L.P., a limited partnership organized and existing under the laws of the State of Delaware.
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AIMCO OP means Aimco OP, L.P., a Delaware limited partnership, or its Successor.
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Examples of AIMCO OP in a sentence

  • He is at least another level—or, possibly, several levels—more removed from the LP Defendants in the AimCo business structure than Aimco OP appears to be.

  • To determine whether Aimco OP conceivably could owe any fiduciary duties to Plaintiffs, this Court would need to look to the terms of the limited partnership agreements of the LP Defendants and to DRULPA.

  • For the same reasons as I discussed as to Aimco OP, therefore, Plaintiffs have failed to state a claim for breach of fiduciary duty against Considine, and I will dismiss the Complaint with prejudice as it relates to him.IV.

  • I therefore will dismiss the Complaint with prejudice as it relates to Aimco OP for failure to state a claim.2. Considine did not owe fiduciary duties to the LP Defendants or to Plaintiffs The arguments and reasoning that apply to Aimco OP apply with even greater force to Considine.

  • Through the Mergers, the LP Defendants were merged into a subsidiary of Aimco OP.

  • In support of that motion, they contend that neither Aimco OP nor Considine owed fiduciary duties to Plaintiffs, and therefore the claim for breach of fiduciary duties against them must be dismissed.

  • Limited Partnership Name (the "Partnership”) Number of Limited Partnership Interest ("Interests" aka units) Aimco OP, L.P.

  • For the following reasons, I conclude that, taking all non-conclusory factual allegations in the Complaint as true and drawing all reasonable inferences in Plaintiffs‘ favor, it is not reasonably conceivable that Plaintiffs could prevail on a claim for breach of fiduciary duty against either Aimco OP or Considine.

  • This case‘s analog to the individual defendant Feeley is not Aimco OP, but rather the officers and directors of the GP Defendants, including Defendants Bezzant and Cordes.45 This Court would have to go materially beyond Feeley and USACafes, therefore, to find that Aimco OP conceivably owed a fiduciary duty to Plaintiffs and could be liable for a breach thereof.

  • Even if it were, however, the factual allegations Plaintiffs cite as evidence of Aimco OP exercising ―control,‖ even viewed in the light most favorable to Plaintiffs, suggest that while Aimco OP may have been involved in the day-to-day, operational management of AimCo‘s business, it did not―control‖ the LP Defendants in the sense that it exercised ultimate decision-making power with respect to partnership policy in general or with respect to the Mergers in particular.

Related to AIMCO OP

  • 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.

  • GP means Gottbetter & Partners, LLP.

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

  • 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).

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

  • 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).

  • JV means Joint Ventures

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

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

  • 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.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

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

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Holdco has the meaning set forth in the Preamble.

  • EPD means the Environmental Protection Division of the Georgia Department of Natural Resources.

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

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

  • 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.

  • Company Operating Agreement means the Restated Operating Agreement of the Company dated August__, 2019, as amended from time to time.

  • Brookfield means Brookfield Asset Management Inc.;

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

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

  • holding entity means a person that is controlled by an individual;

  • 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.

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