Class A Limited Partnership Interest definition

Class A Limited Partnership Interest means the Interest in the Partnership owned by any Class A Limited Partner as a Class A Limited Partner.
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Class A Limited Partnership Interest means the Class A limited partnership interest in the Company and any successor common interest in the Company held directly or indirectly by Xxxx X. Xxxxxxxx.
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Class A Limited Partnership Interest. The interest of a Class A Limited Partner in the Partnership.
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Examples of Class A Limited Partnership Interest in a sentence

  • The Partnership and the Partners intend that the Class A Limited Partnership Interest and each of the other Interests is a "security" governed by Article 8 of the Delaware Uniform Commercial Code, 6 Del.

  • Pursuant to Section 3.03 of this Partnership Agreement there is hereby created and issued a new class of Partnership Interest to be known as the Class A Limited Partnership Interest (the "Class A Interest").

  • The Representative Class A Limited Partner, in its capacities both as a Class A Limited Partner and as a GSC Class B Limited Partner, by its execution of this Agreement, shall convert $12,314,523 of the Debentures received by it upon exchange of its Class A Limited Partnership Interest and its Class B Limited Partnership Interest in full into Conversion Shares immediately following the exchange contemplated by Section 3(a) above.

  • Net income per Unit is derived by reducing net income for each period by 1% for the general partnership interest held by the General Partner and dividing the remaining 99% by the weighted average number of Units outstanding, Unit equivalents and Units issuable upon conversion of the Class A Limited Partnership Interest during each period.

  • As a result, upon execution of this Agreement, the Class A Limited Partner will own all of the Class A Limited Partnership Interest, having the Initial Capital Account balance therefor set forth in Schedule A, and the Class B Limited Partner will own all of the Class B Limited Partnership Interest, having the Initial Capital Account balance therefor set forth in Schedule A.

  • Units issuable upon conversion of the Class A Limited Partnership Interest may be increased by up to $17 million in additional Units to reflect the receipt by the Partnership of certain performance fees through March 1998.

  • In connection with the purchase in July 1993 of the business of Equitable Capital Management Corporation ("ECMC"), a wholly-owned subsidiary of ELAS, the Partnership issued a newly created Class A Limited Partnership Interest ("Class A Interest") convertible initially into 200,000 Units.

  • The transferee of a Class A Limited Partnership Interest pursuant to the provisions of Section 7.6(a) will be substituted in the place of the Offering Partner with all the rights and privileges of a Class A Limited Partner of the Partnership (“Substituted Limited Partner”).

  • U.S. Investor, shall pay Canadian Investor, as holder of the Class A Limited Partnership Interest, on the Exercise Date, the Cumulative Class A Limited Partner Shortfall as of such Exercise Date, after giving effect to all Allocations on the Exercise Date pursuant to Article IV of the Partnership Agreement.

  • Canadian Investor is not acquiring the Class A Limited Partnership Interest with a view to distribution, sale or transfer of the interest or with any present intention of offering or selling the Class A Limited Partnership Interest except as contemplated by the Transaction Documents.


More Definitions of Class A Limited Partnership Interest

Class A Limited Partnership Interest means a limited partnership interest in the Partnership entitling the holder thereof to the distributions and allocations set forth in Section 4.2 of this Agreement and to the other rights, preferences, qualifications, privileges and limitations set forth in other provisions of this Agreement specified to be applicable to a Class A Limited Partnership Interest.
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Class A Limited Partnership Interest means a Partnership Interest held by a Limited Partner other than ProLogis or an Affiliate of ProLogis in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners other than ProLogis or such Affiliate of ProLogis and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Class A Limited Partnership Interest may be expressed as a number of Partnership Units.
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Class A Limited Partnership Interest shall have the meaning ascribed to it in Section 3.1.
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Class A Limited Partnership Interest means that Interest in the Partnership entitled to receive the trailing commission revenues received from certain identified insurance policies in force after March 26, 2008 (the “Future Trails”), and thirty-three and one-third percent (33.33%) of the trailing commission revenues received from certain identified insurance policies in force on or before March 26, 2008 (the "Current Trails") for the one year period subsequent to the date of this Agreement (after which the receipt of income from the Current Trails shall terminate), less expenses of the partnership chargeable to Class A Partnership Interests.
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Related to Class A Limited Partnership Interest

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

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

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Class B Units means the Class B Units of the Company.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Class B Interests As set forth in the Trust Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].