General Partnership Loans definition

General Partnership Loans means Revolving Loans made pursuant to Section 2.01.01.
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Examples of General Partnership Loans in a sentence

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow General Partnership Loans.

  • Subject to the terms and conditions set forth herein, each Revolving Lender agrees to make General Partnership Loans to the Borrower from time to time during the Revolving Credit Availability Period in an aggregate principal amount that will not result in (a) such Lender’s General Partnership Credit Exposure exceeding such Lender’s General Partnership Commitment and (b) the sum of the total General Partnership Credit Exposures exceeding the total General Partnership Commitments.

  • Subject to the terms and conditions set forth herein, each Lender agrees to make General Partnership Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s General Partnership Credit Exposure exceeding such Lender’s General Partnership Commitment and (b) the sum of the total General Partnership Credit Exposures exceeding the total General Partnership Commitments.

  • In the event and on each occasion that any Net Cash Proceeds are received by or on behalf of the Borrower pursuant to a Specified Equity Contribution, the Borrower shall, immediately after such Net Cash Proceeds are received (and in any event within three (3) Business Days after receipt thereof), prepay the General Partnership Loans in an aggregate amount equal to 100% of such Net Cash Proceeds.

  • In the event and on each occasion that any Net Consideration is received in cash by or on behalf of the Borrower or any of its Subsidiaries, the Borrower shall, immediately after such Net Consideration is received (and in any event within three (3) Business Days after receipt thereof), prepay the General Partnership Loans in an aggregate amount equal to 100% of such Net Consideration received in cash.

  • The Borrower and the Lenders agree that the Administrative Agent shall make such reallocations of the outstanding General Partnership Loans as are necessary to cause each Lender’s portion of the outstanding General Partnership Loans of all the Lenders to equal its Applicable Percentage of such outstanding General Partnership Loans under the Credit Agreement as amended hereby.

Related to General Partnership Loans

  • Partnership Loan has the meaning provided in Section 5.2(c) hereof.

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

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

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

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

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

  • 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 Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • 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.

  • General Partners means all such Persons.

  • 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.

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

  • GP means Gottbetter & Partners, LLP.

  • 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.

  • Defaulting Limited Partner has the meaning provided in Section 5.2(c) hereof.

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

  • 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.

  • 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.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • 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.

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

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

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