ECI Partner definition

ECI Partner means any Limited Partner that has made an election in its Subscription Agreement to be notified in the event the Partnership proposes to acquire a Blocker Investment.
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Examples of ECI Partner in a sentence

  • No later than twenty (20) days prior to the Partnership’s acquisition of an interest in a Blocker Investment, the General Partner shall provide each ECI Partner with notice of that proposed investment.

  • An ECI Partner may, within ten (10) days after receiving notice of the Partnership’s proposed acquisition of the Blocker Investment, elect to hold its interest in the Blocker Investment through the Blocker Entity by providing the General Partner with notice of that election.

  • Capital Contributions to the Partnership by an ECI Partner that elects to hold its interest in a Blocker Investment through the Blocker Entity that otherwise would have been invested directly in that Blocker Investment shall instead be contributed by the Partnership to the Blocker Entity, and the Blocker Entity shall invest the capital contributed to it in the applicable Blocker Investment.

  • Any contribution by an ECI Partner to defray such costs and expenses shall not constitute a Capital Contribution and, consequently, shall not reduce the Remaining Capital Commitment or increase the Capital Account of such ECI Partner.

Related to ECI Partner

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

  • Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.

  • 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.

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

  • 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.