LB LP definition

LB LP has the meaning assigned to such term in the recitals;
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LB LP has the meaning set forth in the Preamble of this Agreement.
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LB LP means BRP Canada GP LP;
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Examples of LB LP in a sentence

  • On the Closing Date and immediately prior to the distribution by the Partnership of the interests in the Subsidiary Partnerships, pursuant to Section 4 hereof, the Partnership shall distribute IHR Shares to LB GP and IHR Shares to LB LP in partial redemption of their interest in the Partnership as set forth in Schedule 2, which shall represent LB GP's and LB LP's Class B Preference Amount.

  • On the Effective Date, the General Partners shall admit SMW LP and LB LP to the Partnership as Limited Partners.

  • Notwithstanding anything to the contrary contained in this Article XI, SMW GP and/or SMW LP may transfer up to an aggregate of 25% of its Partnership Interest in the Partnership to a member or stockholder of SMW GP and/or SMW LP, as the case may be, without first obtaining the approval of LB GP or LB LP.

  • Upon payment of the Call Price in full, LB GP and LB LP's Partnership Interests and all rights in respect thereof shall immediately, without any action on the part of LB GP or LB LP, cease to exist.

  • Notwithstanding the above, SMW GP shall not extend the statute of limitations with respect to any taxable years of the Partnership without the consent of all the Partners or take any action that would be materially adverse to LB LP or LB GP without the consent of LB GP.

  • Within thirty (30) days after the delivery of the Call Notice, the Partnership shall pay the Call Price to LB LP (the "Call Option Closing").

  • LB GP, LB LP and each of the persons set out on Schedule 3 hereto shall have an interest in the respective Subsidiary Partnerships as set forth in the limited partnership agreement for each such Subsidiary Partnership.

  • On the Closing Date, the Partnership shall transfer all of its IHR Shares not being distributed to LB GP and LB LP, pursuant to section 2 above to the Subsidiary Partnerships in the respective amounts set out in Schedule 2 hereto, in each case in exchange for a general partnership interest and a limited partnership interest of such Subsidiary Partnerships as set forth in Schedule 2.

Related to LB LP

  • GP means Gottbetter & Partners, LLP.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • PAA means Plains All American Pipeline, L.P., a Delaware limited partnership.

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

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

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

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • EPD means the Environmental Protection Division of the Georgia Department of Natural Resources.

  • Operating Company has the meaning set forth in the preamble.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • 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 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.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • 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.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Operating Partnership has the meaning set forth in the preamble.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • CEI / “CEIG” shall mean Chief Electrical Inspector to the State Government.

  • Partnership Group Member means any member of the Partnership Group.

  • AAP means the American Academy of Pediatrics.

  • NGL means natural gas liquids.

  • CGS means the Connecticut General Statutes.