Investment Limited Partners definition

Investment Limited Partners means the Class A Limited Partner and the Class B Limited Partner.
Investment Limited Partners means Boston Capital Tax Credit Fund III L.P., a Delaware limited partnership, Boston Capital Tax Credit Fund IV L.P., a Delaware limited partnership, and any Person or Persons who replace either of them as Substituted Limited Partner pursuant to this Agreement, but shall not include any Special Limited Partner or Additional Limited Partner. At any and all times where there is only one Investment Limited Partner, the term Investment Limited Partners shall mean such sole Investment Limited Partner. Investment Partnership Agreements mean the Agreements of Limited Partner- ship of the Investment Limited Partners, as each may be amended from time to time.
Investment Limited Partners means such sole Investment Limited Partner.

Examples of Investment Limited Partners in a sentence

  • This Section 13.1 shall have no application to any required repurchase of the Investment Limited Partner's Interest.

  • The Investment Limited Partners shall have no right to take part in the management or control of the business of the Partnership or to transact any business in the name of the Partnership.

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  • Prior to October 15 of each year, the Partnership shall send to the Investment Limited Partner an estimate of the Investment Limited Partner's share of the tax credits, profits and losses of the Partnership for Federal income tax purposes for the current fiscal year.

  • No provision of this Agreement which makes the Consent of the Investment Limited Partners a condition for the effectiveness of an action taken by the General Partners is intended, and no such provision shall be construed, to give the Investment Limited Partners any participation in the control of the Partnership business.

  • Notwithstanding the foregoing, in no event may the provisions of this Section 6.4 be invoked by any General Partner or by any other Person as a defense against or as an impediment to the ability of either the Investment Limited Partners or the Special Limited Partner to take any action hereunder.

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  • However, the Partnership may change to another method of cost recovery if such other method is, in the opinion of the Auditors, more advantageous to the Investment Limited Partners and the limited partners and/or holders of beneficial assignee certificates thereof.

  • The admission of any successor or additional General Partner shall be subject to the consent of each Agency and Lender (if required) and the Consent of the Investment Limited Partners.

  • In the event of a transfer of all or any part of the Interest of the Investment Limited Partners or a transfer of all or any part of an interest of a partner of the Investment Limited Partners, the Partnership shall elect, upon the request of the Investment Limited Partners, pursuant to Section 754 of the Code, to adjust the basis of the Partnership property.


More Definitions of Investment Limited Partners

Investment Limited Partners means BCCTCF and BCTCF and any Person or Persons who replace such Entity as Substituted Limited Partner, but shall not include any Additional Limited Partner.

Related to Investment 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 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.

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

  • 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.

  • 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.

  • 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.

  • Investment Advisor means, in relation to a Portfolio, the investment manager or investment advisor of the Portfolio.

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

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

  • Blackstone means collectively, The Blackstone Group L.P., a Delaware limited partnership, and any Affiliate thereof (excluding any natural persons and any portfolio companies of any Blackstone-sponsored fund).

  • 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).

  • 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.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

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

  • Family of Investment Companies as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).

  • 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.

  • Investment Adviser or "Adviser" means a party furnishing services to the Trust pursuant to any contract described in Article IV, Section 7(a) hereof;

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