Converting Partner definition

Converting Partner has the meaning set forth in Section 7.10(b).
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Converting Partner has the meaning set forth in Section 4.2(e)(1). ------------------ -----------------
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Converting Partner has the meaning provided in Section 8.04(a) hereof.
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Examples of Converting Partner in a sentence

  • Class A OP Units to be issued to the Converting Partner in the Voluntary Conversion shall be equal to the FCCR Conversion Amount.

  • Notwithstanding any delay in such delivery (but subject to Sections 4.1(d) and 4.1(e)), each Converting Partner and Non-Voluntary Converting Partner, respectively, shall be deemed owners of such Class A OP Units for all purposes, including without limitation, rights to vote or consent, and receive distributions declared, as of the Conversion Effective Date or the date of the Non-Voluntary Conversion Notice, respectively.

  • Each Converting Partner and Non-Voluntary Converting Partner, as the case may be, covenants and agrees with the General Partner and the Partnership that all Converted Units shall be free and clear of all liens, claims and encumbrances whatsoever and should any such liens, claims and/or encumbrances exist or arise with respect to such Converted Units, neither the General Partner nor the Partnership shall be under any obligation to convert the same.

  • Each Converting Partner and Non-Voluntary Converting Partner further agrees that, in the event any state or local property transfer tax is payable as a result of the Conversion, such Converting Partner or Non-Voluntary Converting Partner, respectively, shall assume and pay such transfer tax.

  • Each Converting Partner which the General Partner has elected to pay the Redemption Amount agrees to execute such documents as the General Partner may reasonably require in connection with the payment of the Redemption Amount.

  • The Conversion Right may be exercised by a Limited Partner (a "Converting Partner") ------------------ at any time beginning one year after the Effective Date (or earlier upon the written consent of the General Partner) and from time to time by delivering a Notice of Conversion to the General Partner not less than ten (10) days prior to such exchange.

  • Notwithstanding the provisions of Section 4.2(e), the General Partner may satisfy the Conversion Right exercised by a Converting Partner set forth in a Notice of Conversion by paying to such Converting Partner the Redemption Amount on the Specified Conversion Date, whereupon the General Partner shall acquire the Partnership Units to be exchanged by such Converting Partner and shall be treated for all purposes of this Agreement as the owner of such Partnership Units.

  • Notwithstanding the provisions of Section 4.2(e), the ------- -------------- General Partner may satisfy the Conversion Right exercised by a Converting Partner set forth in a Notice of Conversion by paying to such Converting Partner the Redemption Amount on the Specified Conversion Date, whereupon the General Partner shall acquire the Partnership Units to be exchanged by such Converting Partner and shall be treated for all purposes of this Agreement as the owner of such Partnership Units.

  • Notwithstanding the provisions of Section 4.2(e), ------- -------------- the General Partner may satisfy the Conversion Right exercised by a Converting Partner set forth in a Notice of Conversion by paying to such Converting Partner the Redemption Amount on the Specified Conversion Date, whereupon the General Partner shall acquire the Partnership Units to be exchanged by such Converting Partner and shall be treated for all purposes of this Agreement as the owner of such Partnership Units.

  • The Conversion Right may be exercised by a Limited Partner (a "Converting Partner") at any time and from time to time by delivering a Notice of Conversion to the General Partner not less than 10 days prior to such exchange.


More Definitions of Converting Partner

Converting Partner has the meaning set forth in Section 4.2.2 hereof.
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Converting Partner shall have the meaning set forth in Section 3.3.A below.
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Related to Converting Partner

  • Converting entity means the domestic entity that approves a plan of conversion pursuant to Section 33‑43‑1143 or the foreign entity that approves a conversion pursuant to the law of its jurisdiction of formation.

  • Exchanging Partner has the meaning set forth in Section 2.1 hereof.

  • 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.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Trading Partner means an entity that has registered with the Commission to exchange data through Electronic Data Interchange.

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

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

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

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

  • 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.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

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

  • 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.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Warrant Holder means the holder of a Call Warrant.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Alliance Partner means "Flatworld Trading Pvt Ltd ", who has entered into an alliance agreement with Axis Bank for purpose of providing the Offer.

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

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

  • Net Share Amount has the meaning set forth in Section 3.03(c).