ERISA Partner definition

ERISA Partner means a Limited Partner that is either (i) a “benefit plan investor” within the meaning of Section 3(42) of ERISA and Section 2510.3-101(f)(2) of the Plan Assets Regulations or (ii) any Government Plan.
ERISA Partner means, with respect to any determination hereunder, (i) any Limited Partner that (A) is a Benefit Plan Investor and (B) has notified the General Partner in writing of such status at any time prior to such determination or (ii) any Limited Partner designated as an “ERISA Partner” by the General Partner with such Limited Partner’s consent (which designation may be for purposes of any or all provisions of this Agreement).
ERISA Partner means any Partner that is a “benefit plan investor” and which has notified the General Partner in writing of such status at any time prior to such determination.

Examples of ERISA Partner in a sentence

  • The General Partner shall promptly notify each ERISA Partner in writing if there is a reasonable likelihood that the assets of the Partnership will be deemed to include Plan Assets.

  • The foregoing representation will be based on a list of the Other Purchasers to be provided by the Manager to each ERISA Partner prior to the Effective Date.

  • In the example below, my signature i s shown at 10X, 15X, 20X and 25X.

  • Notwithstanding anything in this Agreement to the contrary, any such correction shall prevent such Lender from receiving any direct or indirect fees, loan repayments, or any other benefits from such ERISA Partner.

  • In the event of the issuance of the opinion of counsel referred to in the preceding sentence, the withdrawal of and disposition of the Private Foundation Partner’s interest in the Partnership shall be governed by the last two sentences of Section 11.02(b) and Section 11.02(c) and Section 11.02(d), as if the Private Foundation Partner were an ERISA Partner.


More Definitions of ERISA Partner

ERISA Partner means any Limited Partner that is (a) an “employee benefit plan” within the meaning of Section 3(3) of ERISA and subject to Part 4 of Title I of ERISA, (b) a “plan”, as defined in Section 4975(e)(1) of the Code, to which the provisions of Section 4975 of the Code are applicable, or (c) any other Person, any of the assets of which, or held by which, constitute, under applicable law, assets of an employee benefit plan subject to the provisions of Part 4 of Title I of ERISA or of a plan subject to the provisions of Section 4975 of the Code.
ERISA Partner means either any (a) Limited Partner or (b) holder of shares of beneficial interest in the General Partner that received such Shares in the mergers of ZML Investors, Inc., ZML Investors II, Inc., Zell/Xxxrxxx Xxxcx Xxxl Estate Opportunity Partners III Trust, and Zell/Xxxrxxx Xxxcx Xxxl Estate Opportunity Partners IV Trust into the General Partner, and which Limited Partner or shareholder is either (i) an employee benefit plan subject to Title I of ERISA or section 4975 of the Code, or (ii) a nominee for or a trust established pursuant to such employee benefit plan, or (iii) which is an entity whose underlying assets include assets of such employee benefit plan by reason of such plan's investment in such entity.
ERISA Partner means each Limited Partner the assets of which constitute “plan assets” under ERISA.
ERISA Partner means either any (a) Limited Partner or (b) holder of shares of beneficial interest in the Managing General Partner that received such Shares in the mergers of ZML Investors, Inc., ZML Investors II, Inc., Zell/Xxxrxxx Xxxcx Xxxl Estate Opportunity Partners III Trust, and Zell/Xxxrxxx Xxxcx Xxxl Estate Opportunity Partners IV Trust into the Managing General Partner, and which Limited Partner or shareholder is either (i) an employee benefit plan subject to Title I of ERISA or section 4975 of the Code, or (ii) a nominee for or a trust established pursuant to such employee benefit plan, or (iii) which is an entity whose underlying assets include assets of such employee benefit plan by reason of such plan's investment in such entity.
ERISA Partner means any Limited Partner that is (or is acting on behalf of or using the assets of) any “benefit plan investor” within the meaning of Section 3(42) of ERISA (which, for the avoidance of doubt, shall include any (i) employee benefit plan (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) plan (as defined in Section 4975(e)(1) of the Code) to which Section 4975 of the Code applies, including an individual retirement account and certain Keogh Plans, or (iii) entity whose underlying assets include “plan assets” of a plan described in clauses (i) or (ii) above by reason of a plan’s investment in such entity, including, as applicable, an insurance company general account, an insurance company separate account or a collective investment fund).
ERISA Partner means either any (a) Limited Partner or (b) holder of shares of beneficial interest in the General Partner that received such Shares in the mergers of ZML Investors, Inc., ZML Investors II, Inc., Zell/Merrill Lynch Real Estate Opportunity Partners III Trust, and Zell/Merrill Lynch Real Estate Opportunity Partners IV Trust into the General Partner, and which Limited Partner or shareholder E-5 111
ERISA Partner. A Limited Partner that is a “benefit plan investor” within the