Examples of Class A-1 Limited Partner in a sentence
The Original Class A1 Limited Partner shall contribute to the Partnership in readily available funds the amount set forth opposite its name under the heading “Capital Contribution” on Schedule A, for which the Original Class A1 Limited Partner shall receive the Original Class A1 Limited Partner’s Partnership Interest (which shall be designated as a Class A1 Interest).
The Original Class A1 Limited Partner and the Original Class A2 Limited Partner acknowledge that the Partnership has entered into certain agreements in reliance upon the Original Class A1 Limited Partner’s commitments to contribute funds to the Partnership as set out in this Section and in Section 3.2 below.
It is contemplated that Revolving Loans will be made available to the Borrower directly by the Lenders ("Lender Advances") and, in the circumstances described in Section 2.2(b), from the Agent acting on behalf of the Lenders ("Agent Advances").
The Original Class A1 Limited Partner and the Original Class A2 Limited Partner, and (when admitted) the Original Class B Limited Partner may each Transfer all or any portion of such Partner’s Partnership Interest to any of the Original Class A1 Limited Partner, the Original Class A2 Limited Partner or (when admitted) the Original Class B Limited Partner without obtaining any consent from any other Partner.
Simultaneously with the execution of this Agreement, (i) the Partnership shall be authorized to issue a single class of limited partner interest (the “Limited Partner Interest”) and (ii) Media’s Class A1 Limited Partner Interest and Class B Limited Partner Interest held under the Fourth Amended Partnership Agreement are hereby converted into, and Media is hereby admitted as a Limited Partner in respect of, the Limited Partner Interest.
On December 30, 2003, pursuant to a Purchase Agreement among RBNMR, Inc., Media and Investing I, (a) Media purchased the then Class A1 Limited Partner Interest of RBNMR, Inc.; (b) Media was admitted to the Partnership as a Class A1 Limited Partner in respect of the acquired Class A1 Limited Partner Interest; and (c) RBNMR, Inc.