CNL Partners definition

CNL Partners means CNL Income Partners, LP, a Delaware limited liability company.
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CNL Partners shall have the meaning ascribed to it in Section 6 of this Agreement.
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CNL Partners means CNL Income Partners, LP and its successors and assigns;
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Examples of CNL Partners in a sentence

  • On October 11, 2005 and November 3, 2005, the CNL Partners acquired an aggregate 70.00% interest in the Partnership from GW for cash.

  • The structure of the Partnership is designed to allow the parent of the CNL Partners to continue to qualify as a real estate investment trust, which is generally not subject to federal income taxes.

  • Unless otherwise provided herein, any distributions or allocations that are made to the CNL Partners shall be made between the CNL Partners in the same ratio that the Percentage Interest of each CNL Partner bears to the Percentage Interests of all CNL Partners.

  • The General Partner and CNL LP are collectively referred to as the CNL Partners and are wholly owned subsidiaries of CNL Lifestyle Properties, Inc., formerly known as CNL Income Properties, Inc.

  • CNL Partners may not deliver a Sale Notice if a Partner has previously initiated a Buy/Sell in accordance with Article 11 as long as such Buy/Sell procedure is pending.

  • As the CNL Partners contribute additional capital to the Company from time to time pursuant to this Agreement, up to the full amount of CNL Initial Capital Contribution, the Percentage Interests of CNL GP, CNL LP, and Cxxx XX shall be adjusted as each such contribution of additional capital is made so that each Partner’s Percentage Interest is equal to such Partner’s Revised Percentage.

  • If there is a default under Section 4.2(d) and such default has not been cured on or before the date that is ten (10) days after CNL LP receives written notice of such default (the “Priority Loan Date”), then GW LP shall be deemed to have made a loan to the Partnership in an amount equal to the difference between seventy percent (70%) and the Percentage Interest of the CNL Partners on the Priority Loan Date multiplied by the Initial Contributed Property Value (the “Deemed Priority Loan”).

  • The option must be exercised by Cxxx XX by giving notice of exercise of the option to CNL Partners within sixty (60) days after receipt of the Sale Notice unless the fair market value of the Project is determined by appraisal, in which event, Cxxx XX must give written notice of the exercise of the option to CNL Partners within sixty (60) days after the determination of the fair market value of the Project.

  • An agreement between certain Crow Parties, the Company and the CNL Partners that, among other things, restricts the Crow Parties from engaging in certain activities that compete with the business of the Company for a specified period of time.

  • As credit support for the Obligations, on or before the Closing Date, (i) CNL Partners shall execute and deliver to the Administrative Agent a Pledge Agreement pursuant to which it shall pledge to the Administrative Agent, all of its direct ownership interests in CNL Resort and CNL Resort GP; and (ii) CNL Hospitality GP Corp.


More Definitions of CNL Partners

CNL Partners. CNL GP and CNL LP.
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CNL Partners. “CNL Resort,” and “CNL Resort GP” shall each have the meanings given such terms in the preamble to the Credit Agreement.
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Related to CNL Partners

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.

  • General Partners means all such Persons.

  • Partners means the General Partner and the Limited Partners.

  • General Partner has the meaning set forth in the Preamble.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Service Partners means any successful vendor who is awarded the proposal or who entered into an agreement with CIPC and/or its clients to offer consulting services in areas such as but not limited to, strategic e-business consulting, evaluation, implementation and continuous improvement or system integration.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Carlyle means Carlyle Investment Management, LLC.

  • GP means Gottbetter & Partners, LLP.

  • Blackstone means Blackstone Capital Partners V L.P. and its Affiliates.

  • Business Partner means a legal entity that requires use of a training service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • Operating Partnership has the meaning set forth in the preamble.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • TPG has the meaning set forth in the preamble.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

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

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

  • Support Partners – means any successful vendor who entered into partnership agreement with CIPC and/or its clients for the provision of support services to a specific solution.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.