Existing Limited Partners definition

Existing Limited Partners means the Existing Partners other than the General Partners.
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Existing Limited Partners is defined in Section 12.1(b).
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Existing Limited Partners means the Initial Limited Partners and each existing Limited Partner of the Partnership;
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Examples of Existing Limited Partners in a sentence

  • The Existing Limited Partners have contributed in the aggregate to the capital of the Partnership an amount equal to $12,350,741 as of June 30, 1996.

  • XXXXXXX, an individual, and GYMNO CORPORATION, a California corporation (collectively, the "General Partners"), and such other persons who have become Limited Partners ("Existing Limited Partners") and as may be added pursuant to the terms hereof (the "New Limited Partners") (collectively the "Limited Partners").

  • The minimum initial subscription amount for Class A Units for Existing Limited Partners is $15,000, except for Existing Limited Partners that are employee benefit plans or individual retirement accounts, for which the minimum initial subscription amount is $5,000.

  • Existing Limited Partners will not be granted a priority right to acquire any additional LP Units issued by a Partnership.

  • The General Partner, in its capacity as the holder of the Incentive Distribution Rights, and the Existing Limited Partners, with respect to their Common Units and Subordinated Units, will continue as Limited Partners in respect of those Partnership Interests.

  • Section 5.1 Contributions by the General Partner and the Existing Limited Partners.

  • Both the number of additional Class B Units issued as of the date hereof to each of the undersigned designated as an Existing Limited Partner, and the total number of Class B Units heretofore and hereby issued to each of the undersigned designated as an Existing Limited Partner, is shown opposite such Existing Limited Partner's signature below.

  • Attached hereto as Exhibit "A" is a chart reflecting the transfer of the Partnership Units to the Substitute Limited Partners and to the Existing Limited Partners and the allocated Agreed Value of the Hotel contributed in consideration for the original issuance of the Partnership Units.

  • With the exception of PF Funds and any other of Elwood, Kalik or Waymxx xxxcting to receive cash pursuant to Paragraph 2.17 hereof, each Existing Limited Partner's respective capital account balance and number of A Units, B Units and C Units (if and to the extent applicable to such Party) relating to the Kirkxxx Xxxtnership was determined by using the formula relating to Kirkxxx xxx forth on EXHIBIT I-1 attached hereto and made a part hereof.

  • In the event that the Proposed Majority-Interest Purchaser does not purchase Warrants and/or LP Warrant Partnership Interests from the Holders on the same terms and conditions as purchased from the Existing Limited Partners, then the Existing Limited Partners making such Transfer shall purchase such Warrants and/or LP Warrant Partnership Interests if the Transfer occurs on such terms and conditions.


More Definitions of Existing Limited Partners

Existing Limited Partners means the Limited Partners listed on Exhibit B to the Second Amended and Restated Partnership Agreement immediately prior to the date of this Agreement.
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Existing Limited Partners has the meaning provided in the Preamble hereto.
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Existing Limited Partners means (i) Seven Circle Gaming Corporation, a Delaware corporation, Ragax X. Xxxxx, Xxstxx Xxxxxx xxx Denixx Xxxxxx, xxintly as husband and wife, Christiana Limited Partnership, a Nevada limited partnership, (ii) the successors, assigns or heirs, executors, administrators, testamentary trustees, legatees or beneficiaries of any Person described in the preceding clause (i), as the case may be, and (iii) a trust the beneficiaries of which include only natural persons described in (i) and their respective spouses and lineal descendants.
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Related to Existing Limited Partners

  • 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.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

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

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Consent of the Limited Partners means the Consent of a Majority in Interest of the Limited Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by a Majority in Interest of the Limited Partners, unless otherwise expressly provided herein, in their sole and absolute discretion.

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

  • 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.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • 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.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • 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.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • 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 such Act.

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • 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.

  • Limited Partners means all such Persons.

  • GP means Gottbetter & Partners, LLP.

  • 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.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

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

  • Partners means the General Partner and the Limited Partners.

  • Operating Partnership Agreement means the Amended and Restated Partnership Agreement of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Majority in Interest of the Limited Partners means Limited Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners.

  • 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.