Initial Limited Partner Interest definition

Initial Limited Partner Interest has the meaning set forth in Section 5.1.

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Initial Limited Partner Interest has the meaning assigned to such term in the recitals.

Initial Limited Partner Interest has the meaning set forth in Section 5.1. “Initial Limited Partners” means GasLog and the Underwriters, in each case upon being admitted as Partners to the Partnership in accordance with Section 10.1.

Examples of Initial Limited Partner Interest in a sentence

As of the Closing Date, the Initial Limited Partner Interest shall be redeemed and the initial Capital Contribution of the Organizational Limited Partner shall be refunded.
As of the Closing Date, the Initial Limited Partner Interest was redeemed and the initial Capital Contribution of the Organizational Limited Partner was refunded.
For and in consideration of the payment by the Partnership of $20 to the General Partner and $980 to TO as a refund of their respective initial contribution to the Partnership, along with 2.0% and 98.0%, respectively, of any interest or profit that resulted from the investment or other use of such capital contributions, the Partnership hereby redeems the Initial General Partner Interest and the Initial Limited Partner Interest.
The Partnership hereby agrees to redeem from BEC, Pro GP and Pro LP and agrees to retire the Initial Limited Partner Interest in exchange for an aggregate payment of cash of $980.
The Organizational Limited Partner previously sold its Initial Limited Partner Interest to KNOT.
MLP hereby (a) redeems the Initial General Partner Interest from the General Partner and retires the Initial General Partner Interest in exchange for a payment in cash to the General Partner equal to an aggregate $1, and (b) redeems the Initial Limited Partner Interest from Pioneer USA and retires the Initial Limited Partner Interest in exchange for a payment in cash to Pioneer USA equal to an aggregate $999.
MLP hereby (a) refunds the $1 to the General Partner that was contributed to MLP by the General Partner for the Initial General Partner Interest, and (b) redeems the Initial Limited Partner Interest from Pioneer USA and retires the Initial Limited Partner Interest in exchange for a payment in cash to Pioneer USA equal to an aggregate $999.
In connection with the Plan of Conversion pursuant to which BMHM shall convert to the Partnership under the Delaware Act, the common shareholders BMHM shall receive One (1) Common Unit for each BMHM common share comprising the Initial Limited Partner Interest.

More Definitions of Initial Limited Partner Interest

Initial Limited Partner Interest has the meaning assigned to such term in Item 2 of Recital B to this Agreement.

Initial Limited Partner Interest has the meaning assigned to such term in the recitals. “Initial Partnership Agreement” has the meaning assigned to such term in the recitals. “IPO Proceeds” has the meaning assigned to such term in the recitals.

Initial Limited Partner Interest has the meaning assigned to such term in the recitals. “New Credit Agreement” has the meaning assigned to such term in the recitals. “OLLC” has the meaning assigned to such term in the preamble.