LP Interest definition

LP Interest means a unit of limited partnership interest in a limited partnership.
LP Interest means an interest in the Partnership issued pursuant to this Agreement to a Person its capacity as a Limited Partner.

Examples of LP Interest in a sentence

  • Each RPI US LP Interest can be exchanged for ten Class B Interests in Holdings at any time and for no additional value, which exchange right does not expire until so converted.

  • Upon such exchange, each Class B Interest in Holdings issued in exchange for a RPI US LP Interest will be exchanged for one Class A Ordinary Share of the Issuer for no additional value.

  • A Special LP Interest is a limited interest in the capital of the Partnership as described in this Section.

  • Exhibit A accurately sets forth the names of each Partner, the Percentage Interest owned by each Partner and the aggregate MI LP Interest.

  • The Initial LP Interest held by Diamondback shall be redeemed for $100.00.


More Definitions of LP Interest

LP Interest means a limited partnership interest in GSHA.
LP Interest means a limited partnership interest in the Partnership (other than the limited partnership interests in the Partnership held by the Intermediate Fund or a Feeder Fund) or an Indirect Interest.
LP Interest has the meaning set forth in the recitals to this Agreement. LP Interests shall be represented in the form of Units of the Partnership.
LP Interest has the meaning set forth in Section 5.14(a).
LP Interest means all rights and interest of Borrower in the Limited Partnership (including all related rights to payment and distributions and capital accounts) including without limitation those related to or arising from the Limited Partnership’s partnership interest in Xxxxxxxxx Cogent, LP (including all related rights to payment and distributions and capital accounts).
LP Interest means an ownership interest in the Partnership representing a Capital Contribution by a Limited Partner pursuant to Section 2.2 or 2.3, including any and all benefits to which the holder of such an 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. The amount (as computed from time to time) of each Interest Holder's LP Interest shall equal the quotient determined by dividing (a) the sum of the Interest Holder's total (i) initial Capital Contribution and (ii) Mandatory Capital Contributions, other than Mandatory Capital Contributions required by Section 2.4 (f), by (b) the sum of the total (i) initial Capital Contributions and (ii) Mandatory Capital Contributions, other than Mandatory Capital Contributions required by Section 2.4 (f), of all Partners. If all Partners have made a Voluntary Capital Contribution, the amount of the Interest Holder's Voluntary Capital Contribution shall be added to (a) above and the amount of the Voluntary Capital Contributions of all Partners shall be added to (b) above. If less than all Partners have made a Voluntary Capital Contribution, the project funded by such Voluntary Capital Contribution shall be accounted for as a separate activity of the Partnership as provided in Section
LP Interest has the meaning set forth in the last paragraph of Section 2.1.