Founding Limited Partners definition

Founding Limited Partners means the Limited Partners of Premier LP as of the Effective Date and the stockholders of the Corporation that become Limited Partners as of the Effective Date. Any Founding Limited Partner who Transfers all of such Founding Limited Partner’s Units shall cease to be a Founding Limited Partner and shall no longer have the rights afforded a Founding Limited Partner under this Agreement.
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Founding Limited Partners means each of Xx. Xxxxx X. Altman, Xx. Xxxxxx X. Xxxxxxx, Mr. Xxxxx Xxxx, the Xxxxx X. Xxxxxx 2005 Grantor Retained Annuity Trust, Xxxxx X. Xxxxxx 1997 Family Limited Partnership, the Xxxxxx X. Xxxxxxx 2005 Grantor Retained Annuity Trust, A & N Associates, LP, the Xxxxxxx Family 2001 Long-Term Trust, the Paspro Trust and Fideicomiso F/1475, Banco Inbursa, S.A. Institucion de Banco Multiple, Grupo Financiero Inbursa, as Trustee of Inbursa Trust F/1475.
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Examples of Founding Limited Partners in a sentence

  • Founding Limited Partners shall only be entitled to exchange Class B Common Units after the one-year anniversary of the last day of the calendar month in which Premier consummates the IPO and such exchange shall be in accordance with the terms of the Exchange Agreement.

  • Each of the Founding Limited Partners shall make Transfers of Class B Units to JMB Partner at the times and in the amounts required pursuant to the provisions of the JMB Agreement.

  • Notwithstanding anything to the contrary contained in this agreement, the Founding Limited Partners shall not, prior to the date that is six months after the date of this agreement, make any assignments of all or any part of their Interests that would cause any delay in the ability of a Limited Partner to assign any Unrestricted Units or a delay in the ability of the Disbursing Agent to make any distributions required pursuant to Section 20.4 of the Plan.

  • The Managing General Partner (or, if there is no Managing General Partner remaining, any Person elected by the affirmative vote of Partners constituting (i) the Required Founding Limited Partners and (ii) the holders of not less than two-thirds of all the Equity Interests then outstanding and not less than two-thirds of all Additional Equity Interests (if any) then outstanding (the "Liquidator")) shall be responsible for oversight of the winding up and dissolution of the Partnership.

  • The General Partner (or, if there is no General Partner remaining, any Person elected by the affirmative vote of Partners consti- tuting (i) all the then existing Founding Limited Partners and (ii) the holders of not less than two-thirds of all the Equity Interests and not less than two-thirds of all Additional Equity Interests (the "Liquidator")) shall be responsible for over- sight of the winding up and dissolution of the Partnership.

  • Each of the Founding Limited Partners shall make Transfers of Class B Units to JMB Partner at the times and in the amounts required pursu- ant to the JMB Agreement and the provisions of Section 15.8.1 of the Plan.

  • Such right may be exercised only by the affirmative vote of Partners constituting (i) all the then existing Founding Limited Partners and (ii) the holders of not less than two-thirds of all the Equity Interests and not less than two-thirds of all Additional Equity Interests, within 90 days after the occurrence of an event described in subsection 10.01(c) hereof, to continue the business of the Partnership and the selection of a successor General Partner under the terms of Section 9.06.

Related to Founding Limited Partners

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

  • 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 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • Associate Members means the individuals or firms which have agreed to Joint Venture in connection with the Project;

  • 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.

  • Limited Partners means all such Persons.

  • GP means Gottbetter & Partners, LLP.

  • 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.

  • General Partner means the Company or its successors as general 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.

  • 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.

  • Managing Partner means Geodyne Production Company, a Delaware corporation, and any other Person admitted as additional or Substituted Managing Partner pursuant to Article Six of this Agreement.

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • 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.

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.

  • Carlyle means Carlyle Investment Management, LLC.