Investor Limited Partners definition

Investor Limited Partners means each Class A Unitholder, Class B Unitholder, Class D Unitholder and Class I Unitholder (it being understood that if a Management Limited Partner acquires any Class A Units, Class B Units, Class D Units or Class I Units, such Management Limited Partner shall not be deemed an Investor Limited Partner with respect to such Units for purposes of Article XI or Article XII).
Sample 1
Investor Limited Partners means the [unreadable] are, from time to time, admitted to the Partnership as Limited Partners, other than the Special Limited Partner.
Sample 1
Investor Limited Partners means the Limited Partners other than HPHI.
Sample 1

Examples of Investor Limited Partners in a sentence

  • Provided that the Consent of a majority in interest of the Investor Limited Partners is obtained as specified in Section 13 hereof, the Investor Limited Partners hereby specifically and unanimously consent to such admission of a Substitute General Partner.

  • Such appraiser shall be deemed selected by the Investor Limited Partners unless objected to in writing by a majority in interest of the Investor Limited Partners within 45 days after notification thereof is sent in writing by such General Partner.

  • The Partnership shall not engage in any business not provided for in this Section 3.2 without the Consent of a majority in interest of the Investor Limited Partners.

  • There shall be two classes of Limited Partnership Interests, namely, (a) Investor Limited Partnership Interests which shall be acquired and held by the Investor Limited Partners, and (b) Original Limited Partnership Interests which have been acquired and shall be held by the Original Limited Partner.

  • In the event that any Investor Limited Partners' Capital Contributions shall be returned pursuant to this Section, the respective Capital Contributions (and Invested Capital) of such Partners shall thereupon be deemed to have been reduced by the amount of such distribution.

  • In addition, upon receipt of a request in writing signed by 10% or more in interest of the Investor Limited Partners, the General Partners shall submit any matter (upon which the Investor Limited Partners are entitled to act) to the Investor Limited Partners for a vote by written Consent without a meeting.

  • For purposes of this Section 13.4, the independent appraiser selected by the Investor Limited Partners shall be selected in the following manner: a list of three qualified MAI (Member of Appraisal Institute) appraisers shall be obtained (by a General Partner not being removed) from the Boston chapter of the American Institute of Real Estate Appraisers and one of said three appraisers shall be selected by random number and proposed by such General Partner for selection by the Investor Limited Partners.

  • There shall be one class of Limited Partner Interests held by the Corporate Limited Partner and, under certain circumstances, by Unitholders who become Investor Limited Partners.

  • The General Partners shall diligently and faithfully exercise their discretion to the best of their ability and use their best efforts during so much of their time as may be necessary to carry out the purposes and conduct the business of the Partnership in accordance with this Agreement and in the best interests of the Partnership and so as, consistent therewith, to protect the interests of the Investor Limited Partners and Unitholders as a group.

  • Memorandum contain numerous provisions designed to ensure fair dealing by the General Partners with the Investor Limited Partners.


More Definitions of Investor Limited Partners

Investor Limited Partners means those Persons listed in Schedule A as Investor Limited Partners, including Substituted Investor Limited Partners, in their capacity as such.
Sample 1
Investor Limited Partners means Cassxxxxx Xxxxx, Xxndxxx Xxxxx xxx August Robix, xxo collectively own 8.08% of the total partnership interests in HE.
Sample 1
Investor Limited Partners means all of the Limited Partners except any Limited Partners that are Affiliates of (i) the General Partner or (ii) the Manager, its employees or any of its Affiliates (including any trusts or estate planning vehicles established for the benefit of such employees).
Sample 1
Investor Limited Partners means the Limited Partners other than (a) HPHI and (b) the Hospital Limited Partner.
Sample 1

Related to Investor 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 pursuant to Section 5.2), the General Partner (with respect to the Incentive Distribution Rights) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • 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.

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

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

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

  • 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 the Act.

  • 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.

  • 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 Partners means all such Persons.

  • 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).

  • 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.

  • 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.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3.

  • 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.

  • Majority in Interest of the Limited Partners means Limited Partners holding in the aggregate Percentage Interests that are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners.

  • 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.

  • Defaulting Limited Partner means a Limited Partner that has failed to pay any amount owed to the Partnership under a Partnership Loan within 15 days after demand for payment thereof is made by the Partnership.

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • Consent of the Limited Partners means the Consent of a Majority in Interest of the Limited Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by a Majority in Interest of the Limited Partners, unless otherwise expressly provided herein, in their sole and absolute discretion.

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

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

  • 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.

  • 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.

  • SLP means Silver Lake Management Company III, L.L.C., Silver Lake Management Company IV, L.L.C. and their respective affiliated management companies and investment vehicles.