Class B Limited Partnership Interest definition

Class B Limited Partnership Interest means the Class B limited partnership interest in the Company.
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Class B Limited Partnership Interest. The interest of the Class B Limited Partner in the Partnership.
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Class B Limited Partnership Interest means a certain Class of Limited Partnership Interest of the Partnership designated as “Class B Limited Partnership Interests,” having the voting powers and limitations, preferences and relative, participating, optional or other rights, and the related qualifications, limitations or restrictions, set forth in this Agreement.
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Examples of Class B Limited Partnership Interest in a sentence

  • For the avoidance of doubt, distributions of income or returns on capital with respect to the Class B Limited Partnership Interest shall not result in an adjustment to the Exercise Price pursuant to this Section 5.1(c).

  • Payment of the Exercise Price in the event of mandatory exercise pursuant to this Section 2.1(b) shall be by surrender of $50 million of Class B Limited Partnership Interest.

  • Upon the surrender of $50 million of Class B Limited Partnership Interest as payment of the Exercise Price as provided herein, such amount of Class B Limited Partnership Interest shall be cancelled.

  • In the event the Holder determines to pay the Exercise Price with the surrender of a portion of the Holder's Class B Limited Partnership Interest, the portion of Class B Limited Partnership Interest surrendered shall be valued at $1,000 for each $1,000 cash amount of Class B Limited Partnership Interest invested, reduced by the amount of cash capital returned on such Class B Limited Partnership Interests.

  • 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.

  • Archstone Enterprise LP 12.5% Class B Limited Partnership Interest ($394,615,000) Archstone Equity Holdings Inc.

  • 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.

  • Each of DB Capital Investors, L.P. and BTIP/Xxxxxxxx Xxxxxxx, as a Class B Limited Partner, by its execution of this Agreement, hereby agrees to and shall convert any Debentures received upon exchange of its Class B Limited Partnership Interest as contemplated by Section 2(a) above in full into Conversion Shares immediately following such exchange.

  • The Debtor is the sole owner of 100% of the Class B Limited Partnership Interest, free and clear of any and all liens and claims whatsoever, except for the security interest granted to the Debtor pursuant to this Security Agreement.

  • On submission of details, candidates shall be prompted to check the details and make, corrections, if any, before submitting the Form.6. Candidate should provide all the required details while filling up the Online Registration/Application Forms.


More Definitions of Class B Limited Partnership Interest

Class B Limited Partnership Interest means a limited partnership interest in the Partnership entitling the holder thereof to the distribution 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 applied to the Class B Limited Partnership Interests.
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Class B Limited Partnership Interest. As to any Class B Limited Partner, his, her or its Capital Account, Percentage Interest, rights to distributions, profits and losses provided however, such Class B Limited Partnership Interest shall not have any voting rights with respect to the Partnership.
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Class B Limited Partnership Interest means that Interest in the Partnership entitled to receivea portion of the Current Trails equal to sixty-six and two thirds percent (66.67%) of the Current Trails for the one year period subsequent to the date of this Agreement and 100% of Current Trails thereafter, plus any other income of the partnership not otherwise allocated to Class A Limited Partnership Interests herein below, less expenses of the partnership chargeable to Class B Partnership Interests.
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Related to Class B 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 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 B Membership Interest means a Class B Membership Interest in Holdings.

  • 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.

  • 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.

  • 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.

  • 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).

  • 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.

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

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

  • 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.

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

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

  • 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.

  • 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.

  • 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.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

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

  • 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.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

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

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.