BIP Partnership definition

BIP Partnership has the meaning assigned thereto in the preamble;
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BIP Partnership means Brookfield Infrastructure Partners L.P.;
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Examples of BIP Partnership in a sentence

  • BIP shall take all steps necessary under the BIP Partnership Agreement to effect the issuance of the Applicable Number of BIP Units to the Redemption-Exchange Unitholder, including by issuing a certificate in the name of the Redemption-Exchange Unitholder upon request and subject to the terms of the BIP Partnership Agreement.

  • The parties further acknowledge that Infrastructure General Partner is the sole general partner of the Infrastructure GP LP; Infrastructure GP LP is the sole general partner of the Brookfield Partnership; and Managing General Partner is the sole general partner of the BIP Partnership.

  • If BIP shall be required, pursuant to Section 2(B)(e) of Part XV of Schedule A of the BIP Partnership Agreement to pay additional amounts to holders of the BIP Series 14 Units, the Partnership shall pay to the Series 14 Holders such additional amounts as distributions on the Series 14 Units as may be necessary such that the additional amounts paid as distributions by the Partnership shall equal the additional amounts paid by BIP pursuant to 2(B)(e) of Part XV of Schedule A of the BIP Partnership Agreement.

  • The parties further acknowledge that Infrastructure General Partner is the sole general partner of the Infrastructure GP LP; Infrastructure GP LP is the sole general partner of the Infrastructure Partnership; and Managing General Partner is the sole general partner of the BIP Partnership.

  • The parties acknowledge that each of the BIP Partnership and Infrastructure Partnership is a limited partnership formed under the laws of Bermuda, a limited partner of which is liable for any liabilities or losses of the relevant partnership only to the extent of the amount that such limited partner has contributed, or agreed to contribute, to the capital of the relevant partnership and such limited partner’s pro rata share of any undistributed income.

  • Each of the BIP Partnership, the Brookfield Partnership and the Holding Entities acknowledges that, by virtue of BAM’s unique circumstances in Brazil, BAM may require that it be directly responsible for the conduct and governance of Operating Entities in Brazil in which any member of the BIP Group has an interest and that, accordingly, in addition to the TBE Companies, BAM reserves the right to designate other Operating Entities in Brazil as being exempted from the requirements of Section 3.1.

  • The Canadian Manager shall not be responsible for the provision of any Services to the BIP Partnership and the Brookfield Partnership.

  • The parties acknowledge that each of the BIP Partnership and Brookfield Partnership is a limited partnership formed under the laws of Bermuda, a limited partner of which is liable for any liabilities or losses of the relevant partnership only to the extent of the amount that such limited partner has contributed, or agreed to contribute, to the capital of the relevant partnership and such limited partner’s pro rata share of any undistributed income.

Related to BIP Partnership

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

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

  • Partnership Parties has the meaning assigned to such term in the preamble.

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • GP means Gottbetter & Partners, LLP.

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

  • 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.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

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

  • Partnership Entity means any of the Partnership Entities.

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

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

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

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended.

  • 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.

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Constellation has the meaning assigned to that term in the Recitals.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

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

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • 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.

  • Foreign partnership means an association of two or more persons to carry on as co-owners of a