Class D Limited Partners definition

Class D Limited Partners means, at any time those Persons whose investment in the Company is designated as Class D common units, pursuant to the Partnership Agreement at such time.

Class D Limited Partners means, at any time (a) prior to the unitization of the Class D Limited Partners’ Interests, those Persons who are Class D Limited Partners of the Borrower pursuant to the Partnership Agreement at such time, and (b) from and after the unitization of the Class D Limited Partners’ Interests, those Persons whose investment in the Borrower will be designated as Class D common units, pursuant to the Partnership Agreement at such time.

Class D Limited Partners means any lawful holder of a Class D Unit, which shall be limited to Columbia and/or any Columbia Affiliate; together with any person or entity to which said Unit may be lawfully and properly assigned under the provisions of this Agreement. The sole initial Class D Limited Partner is Western Plains Regional Hospital, Inc.

Examples of Class D Limited Partners in a sentence

• Each of the Members, as the new Class D Limited Partners (as defined in the Second Amended and Restated Partnership Agreement), agrees to return to the Partnership signed copies of a subscription agreement or other agreement to be bound by the terms of the Second Amended and Restated Partnership Agreement immediately after the Effective Time.

• Each of the Members agrees to be subject to the provisions of the final Second Amended and Restated Partnership Agreement, including any changes from the draft attached hereto that are deemed necessary or advisable by the General Partner so long as such changes do not materially adversely affect the economic rights of the Class D Limited Partners as set forth in the draft, as Class D Limited Partners upon consummation of the Contribution.

• As of the effective date of the Previous Agreement, each Class A Limited Partner (including the Class D Limited Partners, all of whom were Class A Limited Partners at the time) make an initial Capital Contribution to the Partnership of the membership interests that he or she owned in the Partnership.

• The combined Class D Percentage Interests of all Class D Limited Partners shall at all times equal one hundred percent (100%).

• At any time, the percentage equal to the number of Class D Units then held by a Class D Limited Partner divided by the total number of Class D Units then held by all Class D Limited Partners.

• An ownership unit in the Partnership, issued to Class D Limited Partners representing a fractional part of the Partnership Interests of all Limited Partners, and having the rights and obligations specified with respect to Class D Units in this Agreement.

• The name, address, and contribution of each of the Class A Partners appear on Schedule A hereto, the name, address, and contribution of each of the Class B Limited Partners appear on Schedule B hereto, the name, address, and contribution of each of the Class C Limited Partners appear on Schedule C hereto, and the name, address, and contribution of each of the Class D Limited Partners appear on Schedule D hereto, each of which is attached to this Agreement and incorporated herein by reference.

• As of the Effective Date the Partnership Interests of the Class D Limited Partners that were held by them pursuant to the Previous Agreement shall be automatically converted into an equal number and value of Class D Partnership Interests as specified on Schedule I hereto.

• The Class D Limited Partners may receive a carryover capital account based upon their capital account or investment amount in their respective share of the Cyprus Subsidiary, in an amount to be determined by the General Partner.

More Definitions of Class D Limited Partners

Class D Limited Partners set forth in Section 1.18 of the Partnership Agreement is hereby amended and restated in its entirety to read as follows:

Class D Limited Partners means any lawful holder of a Class D Unit, which shall be limited to Columbia and/or any Columbia Affiliate before the effective date of the Spin-off and LifePoint and/or any LifePoint Affiliate on or after the effective date of the Spin-off; together with any person or entity to which said Unit may be lawfully and properly assigned under the provisions of this Agreement. The sole current Class D Limited Partner is Western Plains Regional Hospital, LLC."