LPL Partnership definition

LPL Partnership means Lakehead Services, Limited Partnership, a Delaware limited partnership, of which the Partnership is a 1% general partner and the Company is a 99% limited partner.
Sample 1Sample 2
LPL Partnership has the meaning assigned to such term in the Recitals to this Agreement.
Sample 1Sample 2

Examples of LPL Partnership in a sentence

  • We will verify that all reservations and revenue management staff have successfully completed training and have passed an OnQ Rate & Inventory certification test by at least a minimum score of 90%.

  • In consideration for the contribution stated in Section 3.1, the LPL Partnership hereby continues the Company’s 99% limited partner interest in the LPL Partnership.

  • In consideration for the contribution stated in Section 2.1, the LPL Partnership hereby continues the Partnership’s 1% general partner interest in the LPL Partnership.

  • The Partnership hereby contributes to the LPL Partnership $205,090,909.09 million in cash and United States government securities, in exchange for (a) the consideration stated in Section 2.2 and (b) the assumption of certain liabilities by the LPL Partnership as set forth in Article IV, and the LPL Partnership hereby accepts such contribution, as a contribution to the capital of the LPL Partnership.

  • The General Partner owns of record a general partner interest in the Partnership of 1.0%, and owns of record a limited partner interest in the Partnership (represented by 3,912,750 Class B Common Units) of approximately 14.8%, a general partner interest in the Operating Partnership of 1.0101% and a limited partner interest in the LPL Partnership of 99%.

Related to LPL Partnership

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

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

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

  • GP means Gottbetter & Partners, LLP.

  • General Partner means the Company or its successors as general partner of the Partnership.

  • 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 the Act.

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended.

  • 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.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • Subsidiary Partnership means any partnership or limited liability company that is a Subsidiary of the 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.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

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

  • REIT Partner means (a) the General Partner or any Affiliate of the General Partner to the extent such person has in place an election to qualify as a REIT and, (b) any Disregarded Entity with respect to any such Person.

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

  • 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.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • 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.

  • OP means open pit and “UG” means underground.

  • 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.

  • General Partners means all such Persons.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.