Hines Limited Partner definition

Hines Limited Partner. Hines US Core Office Capital Associates II Limited Partnership, a Texas limited partnership, and its successors.
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Hines Limited Partner. As defined in the Recitals to this Agreement.
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Hines Limited Partner means the Affiliate of Hines that is then the xxxxxed partner in the Partnership.
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Examples of Hines Limited Partner in a sentence

  • The Public REIT OP shall have the right and obligation (the "Initial Investment Right") to acquire up to 35,000 of the Partnership Units (the "Reserved Units") held by Hines US Core Office Capital Associates II Limited Partnership (the "Hines Limited Partner") at a price per Unit equal to the Initial Offering Price.

  • The Public REIT OP shall have the right and obligation (the "Initial Investment Right") to acquire a portion of the Capital Interest (as defined below) in the Partnership held by Hines U.S. Core Office Capital Associates II Limited Partnership (the "Hines Limited Partner") up to a maximum amount of $35 million in interest (the "Interest").

  • The Public REIT OP may acquire the Reserved Units in one or more installments of not less than $100,000 (or such lesser amount as the Hines Limited Partner may accept) as Net Proceeds become available.

  • The Hines Limited Partner hereby conveys to the Hines REIT OP all right, title, and interest in and to 35,000 Partnership Units (the “Transferred Units”) held by the Hines Limited Partner, free and clear of all liens and encumbrances other than those created by the Partnership Agreement and this Agreement.

  • If the Hines REIT OP fails to pay the Deferred Purchase Price in full by June 18, 2005, then the Hines Limited Partner shall be entitled to recover, in addition to the portion of the Deferred Purchase Price not paid, costs of collection, including reasonable attorneys fees.

  • The Hines REIT OP shall pay to the Hines Limited Partner an additional $15,924,151 (the “Deferred Purchase Price”) in cash as soon as it has funds available to make such payment; provided that the Hines REIT OP shall pay the full amount of the Deferred Purchase Price no later than June 18, 2005.

  • The Hines Limited Partner shall at all times prior to such date maintain ownership of at least 35,000 Units plus such additional number of Units as shall be necessary, taken together with other interests in the Fund held by Affiliates of Hines, to ensure that the Hines Capital Requirement remains satisfied following the transfer of the Reserved Units to the Public REIT OP.

  • To the extent the General Partner or the Hines Limited Partner elect to exercise such Priority Redemption Righx, xxe General Partner may require all Partners whose Unfunded Commitments are greater than zero to make Capital Contributions in accordance with Section 3.2 up to the full amount of such Unfunded Commitments to the extent necessary to fund such redemption.

  • Notwithstanding any other provision xx xxis Agreement, the General Partner and the Hines Limited Partner shall have a Priority Redemption Right to requixx xxat the proceeds of all Capital Contributions made to the Partnership from and after the date hereof be applied to the redemption of all Units held by the General Partner and the Hines Limited Partner which represent Funded Commitments in excess of xxx Hines Capital Requirement.

  • The General Partner shall continue as the general partner of the Partnership, and the Hines Limited Partner shall continue as a limited partner of the Partnership.


More Definitions of Hines Limited Partner

Hines Limited Partner. Hines US Core Office Capital Associates II Limited Partnership, a Texas limited partnership, and its successors. “HREH”: Hines Real Estate Holdings Limited Partnership, a Texas limited partnership. “Indebtedness”: With respect to any Person, (i) any indebtedness for borrowed money evidenced by a note payable by such Person, (ii) any obligation to pay money secured by any mortgage, pledge, security interest, encumbrance, lien or charge of any kind existing on any asset owned or held by such Person, whether or not such Person has assumed or become personally liable for the obligations secured thereby, and (iii) any guaranty by such Person of the Indebtedness (as defined in clause (i) and (ii) of this definition) of another Person; provided that “Indebtedness” with respect to any Person shall not include obligations in respect of any accounts payable that are incurred in the ordinary course of such Person’s business (or guarantees by such Person of such obligations of another Person) and are not delinquent or are being contested in good faith by appropriate proceedings. “Indemnified Person”: As defined in Section 6.1. “Initial Asset Group”: The three office properties acquired from Sumitomo by NY Trust and 600 Lexington. “Initial Investment Period”: As defined in Section 3.4. “Initial Offering Period”: As defined in Section 3.3. “Initial Offering Price”: $1,000.00 per Unit. “Investment Advisor”: An Affiliate of Hines or SLR that provides advisory services to the Managing General Partner pursuant to the Advisory Agreement as contemplated by Section 5.7. “Investment Company Act”: The Investment Company Act of 1940, as amended as of the date hereof and as the same may be amended from time to time, and any successor statute. “Investment Guidelines”: As defined in Section 5.2(b). “Investments”: As defined in Section 5.2(a). “Investor”: As defined in Section 3.2(a). “Limited Partner”: Any Person now or hereafter admitted as a limited partner in accordance with the terms of this Agreement. The Limited Partners as of the date hereof are the Persons identified as such on Schedule 2.1. 7
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Related to Hines Limited Partner

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

  • 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.

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

  • Original Limited Partner means any Person that is a Limited Partner as of the close of business on the date of the closing of the issuance of REIT Shares pursuant to the initial public offering of REIT Shares, and does not include any Assignee or other transferee, including, without limitation, any Substituted Limited Partner succeeding to all or any part of the Partnership Interest of any such Person.

  • 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.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

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

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • 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.

  • Foreign limited liability partnership means a partnership that:

  • Single member limited liability company means a limited liability company that has one direct member.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • 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.

  • 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.

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

  • 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.

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

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

  • 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 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.

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

  • Vote Limited Member means any Member who beneficially owns 5% or more of the outstanding Class A shares (excluding Masterworks Shares) submits a Vote Limit Certificate to the Board which designates such Member as a Vote Limited Member, either separately or jointly with one or more other Members.

  • GP means Gottbetter & Partners, LLP.