Blocker Corporation definition
Blocker Corporation has the meaning set forth in Section 9.8.
Blocker Corporation is defined in the recitals to this Agreement.
Blocker Corporation is defined in Section 7.7(b).
Examples of Blocker Corporation in a sentence
Each Member and Blocker Corporation shall be permitted to implement any internal restructuring of any affiliated Blocker Corporations and special purpose vehicles so that any Blocker Corporation becomes a direct owner of Units to facilitate the transactions described in this Section 8.1.
More Definitions of Blocker Corporation
Blocker Corporation means either (a) a Member (i) who is a corporation (or a limited liability company, limited partnership or any other entity that is taxed as a corporation) and (ii) whose only assets are its Membership Interests, or (b) a Person (i) who is a corporation (or a limited liability company, limited partnership or any other entity that is taxed as a corporation) and (ii) whose only assets are, directly or indirectly, a Member whose only assets are its Membership Interests.
Blocker Corporation means a special purpose Person that is classified as a corporation for U.S. federal income tax purposes that is an Affiliate of Stonepeak (or any Transferee of Stonepeak) and directly or indirectly owns Units.
Blocker Corporation means any Corporation designated by the General Partner as a “blocker corporation”.
Blocker Corporation means a special purpose Person that is classified as a corporation for U.S. federal income Tax purposes that directly or indirectly owns Units.
Blocker Corporation is defined in the LLC Agreement.
Blocker Corporation has the meaning assigned in Section 7.5(g).
Blocker Corporation means a corporation or other entity treated as a corporation for U.S. federal income tax purposes that holds directly or indirectly (through one or more entities that are either disregarded or classified as a partnership for U.S. federal income tax purposes, including the Brookfield Member) Units and (i) such entity has no material assets (directly or indirectly through the entities described in the first parenthetical of this definition) other than Units, cash or cash equivalents, and interests in entities described in the first parenthetical of this definition, and (ii) such entity (and the entities described in the first parenthetical of this definition) has no liability for taxes of any Person (other than for such entity and the entities described in the first parenthetical of this definition) as a transferee or successor, by operation of applicable Law, by contract or otherwise, except the extent that such liability is borne by the owners of securities in such Blocker Corporation (e.g., as a reduction to the proceeds to be received by such owners in connection with a disposition of the securities in such Blocker Corporation or through an indemnity for such liability).