Contributing Limited Partner definition

Contributing Limited Partner has the meaning set forth in Section 6.1(5);
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Contributing Limited Partner has the meaning ascribed thereto in Section 6.5;
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Contributing Limited Partner means an Investor who has made a Capital Contribution, including the Investors and Brit Co-Sponsors.
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Examples of Contributing Limited Partner in a sentence

  • In exchange for issuance to it of additional Class A Interests (the "Issuance"), the Contributing Limited Partner has made the additional Capital Contributions to the Partnership set forth on Schedule B attached to this Amendment (the "Contribution").

  • CAPITAL CONTRIBUTION -------------------------------------------------------------- If a Major Limited Partner fails to make an additional Capital contribution in accordance with Section 6.4(1) hereof (the "Non-Contributing Limited Partner") the other Major Limited Partner (the "Contributing Limited Partner") may, in addition to making its own contribution, elect by notice to the Non-Contributing Limited Partner (the "Notice"), to make the contribution of the Non-Contributing Limited Partner.

  • The Contributing Limited Partner will be issued Units in respect of both the Required Capital it contributed and the Additional Contribution it contributed, notwithstanding Section 5.3(1) and any other provision to the contrary herein, such that the Contributing Limited Partner is issued three Units for each $0.01 contributed.

  • Depreciation shall be allocated first to the Contributing Limited Partner until the cumulative amount of Depreciation allocated to the Contributing Limited Partner pursuant to this Section 5.01(g) for all years equals $10,000,000.

  • Exhibit "B" attached to this Amendment contains the name and address of, the number of Additional OP Units issued to, and the initial capital account of each Contributing Limited Partner, and the percentage interest of each such Contributing Limited Partner in the Partnership, and such Exhibit "B" shall be deemed attached to, and an addendum of, Exhibit A to the Partnership Agreement for all relevant purposes.

  • The Contributing Limited Partner will be issued Class A LP Units in respect of both the Required Capital it contributed and the Additional Contribution it contributed, notwithstanding Section 5.3(1) and any other provision to the contrary herein, such that the Contributing Limited Partner is issued three Class A LP Units for each $1.00 contributed.


More Definitions of Contributing Limited Partner

Contributing Limited Partner has the meaning set forth in the preamble.”
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Related to Contributing Limited Partner

  • Contributing Partner means each Partner contributing (or deemed to have contributed on termination and reconstitution of the Partnership pursuant to Section 708 of the Code or otherwise) a Contributed Property.

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Non-Contributing Member shall have the meaning set forth in Section 3.2(b).

  • 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.

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

  • Defaulting Limited Partner means a Limited Partner that has failed to pay any amount owed to the Partnership under a Partnership Loan within 15 days after demand for payment thereof is made by the Partnership.

  • Contributing Parties has the meaning assigned to such term in the preamble.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • Life Member means an Individual appointed as a Life Member of the Club under clause 5.2.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Contributing Party has the meaning assigned to such term in Section 5.02.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Additional Limited Partner means a Person admitted to the Partnership as a Limited Partner pursuant to Section 10.4 and who is shown as such on the books and records of the Partnership.

  • Initial Capital Contributions has the meaning set forth in Section 5.1.

  • 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.

  • Vote Limited Member means any Member who beneficially owns 5% or more of the outstanding Class A shares (excluding Masterworks Shares) submits a Vote Limit Certificate to the Board which designates such Member as a Vote Limited Member, either separately or jointly with one or more other Members.

  • 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 Member means a Member holding one or more Class B Ordinary Shares.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • Original Limited Partner means the Limited Partners designated as “Original Limited Partners” on Exhibit A hereto.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it pursuant to Section 5.2), the General Partner (with respect to the Incentive Distribution Rights) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3.