LP Interest definition

LP Interest means a unit of limited partnership interest in a limited partnership.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

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

LP Interest means a limited partnership interest in the Continuing US Investors Partnership or the Continuing International Investors Partnership;

Examples of LP Interest in a sentence

• Parent shall deliver 100% of the Exchange Consideration payable to each respective Partner against delivery by such Partner of a Letter of Transmittal together with all certificates representing such Partner’s MI LP Interest, conveying all of such Partner’s MI LP Interest to Parent at Closing.

• Each Partner owns, beneficially and of record, with full power to vote, transfer and assign such Partner’s Percentage Interest set forth beside such Partner’s name on Exhibit A and such MI LP Interest so held by the Partners is free and clear of all liens, encumbrances and adverse claims whatsoever except as set forth on Exhibit A.

• 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.

• Prior to the Closing, the Parent will deliver to each of the Partners a Letter of Transmittal, in substantially the form attached hereto as Exhibit D, to be used by each Partner for surrendering to Parent certificates, if any, representing all the such Partner’s MI LP Interest in exchange for the right to receive the Exchange Consideration.

More Definitions of LP 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 out in the Partnership Agreement.

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 means a limited partnership interest in GSHA.

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 ▇▇▇▇▇▇▇▇▇ Cogent, LP (including all related rights to payment and distributions and capital accounts).

LP Interest shall have the meaning given such term in the first recital to this Agreement.