General Partner Partnership Interest definition

General Partner Partnership Interest means, as of any date, the General Partner’s share of the Partnership's income, gain, loss, deduction and credit and the right to receive distributions from the Partnership, but does not include (i) the right of the holder thereof to participate in the management of the business or affairs of the Partnership, (ii) the right of the holder thereof to consent, approve, reject or disapprove any act of the Partnership, or (iii) the right of the holder thereof to be a Partner.
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General Partner Partnership Interest means a partnership interest (as defined in the Act) of a General Partner in the Partnership, together with all rights, powers and preferences attributed thereto hereunder and along with all obligations associated therewith to comply with the terms and conditions hereof.
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General Partner Partnership Interest means the ownership interest of the General Partner in the Partnership.
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Examples of General Partner Partnership Interest in a sentence

  • The General Partner may not Transfer its General Partner Partnership Interest without the prior unanimous consent of all of the Limited Partners, except pursuant to a Transfer to any Affiliate of the General Partner.

  • PARTNERSHIP AGREEMENT General Partner Name and Address of General Partner Partnership Interest Capital Contribution 100 Xxxxx Xxx XX, Inc.

  • Instead, within thirty (30) days after the Withdrawal Date, if the withdrawing General Partner does not assign its General Partner Partnership Interest to a Substitute General Partner, the General Partner Partnership Interest of the withdrawing General Partner in the Partnership as of the Withdrawal Date shall be converted into an interest as a transferee of a Limited Partner that does not become a Substitute Limited Partner.

  • To the extent the allocation of excess nonrecourse liability is determined in accordance with the partners’ share of partnership profits, the partners’ interest in partnership profits shall be deemed to be 99% to the Class A Limited Partner Partnership Interests and 1% to the General Partner Partnership Interest.

  • The above said organisations should also include private institutions so their actions/behaviors are not somehow excluded from being addressed by this and similar legal instruments.

  • After the conversion, CD-I will own a 1% General Partner Partnership Interest and a 24% Limited Partner Partnership Interest and CD-II will own a 25% Limited Partner Partnership Interest in Mammoth-Pacific, L.P. Furthermore, this Amendment memorializes the December 1990 assignment and assumption of PGC's 49% General Partner Partnership Interest in Mammoth Pacific, L.P. to MGC.

  • Partnership Interests The Partnership Interests of the Partners shall be as follows: General Partner: Partnership Interest NCP Lake Power Incorporated 0000 Xxxx & Xxxxxxx Xxxx, Xxxxx 000 Xxxxxx, Xxxxxxxxxx 00000 1.00 % Limited Partner: Partnership Interest Lake Investment, L.P., a Delaware limited partnership 0000 Xxxx & Xxxxxxx Xxxx, Xxxxx 000 Xxxxxx, Xxxxxxxxxx 00000 99.00 % EXHIBIT C FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF LAKE COGEN, LTD.

  • During the two most recent fiscal years and through July 8, 2001, the Registrant has not consulted with Fortner, Bayens, Levkulich and Co., P.

  • Xxxxxxx Title: President EXHIBIT A General Partner Partnership Interest/ Partnership Units Americold Realty Trust Contribution pursuant to Americold Contribution Agreement 99% Limited Partner Americold Realty Operations, Inc.

  • The General Partner may not assign, sell, or convey any portion of its General Partner Partnership Interest without the prior written consent of a Majority-in-Interest.


More Definitions of General Partner Partnership Interest

General Partner Partnership Interest means the Partnership Interest owned by the General Partner described in Section 8.1.
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General Partner Partnership Interest. ’ means the interest of the General Partner in Lloyds TSB Capital as set out in the Limited Partnership Agreement;
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Related to General Partner Partnership Interest

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

  • 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.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all 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 Units (other than GP Units).

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

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

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner 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.

  • General Partner Loan shall have the meaning set forth in Section 4.3.B.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • 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).

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

  • 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.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • 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.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • 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.

  • GP means Gottbetter & Partners, LLP.

  • General Partners means all such Persons.

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

  • OP means open pit and “UG” means underground.

  • 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.

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