Master GP definition

Master GP means the general partner of the Limited Partner;
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Master GP means Lansdowne Master GP Inc., the general partner of the Master Limited Partnership;
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Master GP means Sunstone (No. 4) Inc., a Nevada corporation;
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Examples of Master GP in a sentence

  • Transactions with the Master GPThe Master GP is related to the Trust by virtue of having officers and directors/trustees in common.

  • The Master GP held cash on behalf of the Master LP before the Master LP opened its bank account.

  • The remaining 50% of FSJ Aurora LP is indirectly owned by officers and trustees or directors of the Trust and the Master GP.

  • The allocation of the net proceeds received by the Master LP from the issuance of Master LP units between Investments LP units and Developments LP units is determined by the Master GP from time to time.

  • Trust unitholders are entitled, by way, and to the extent, of the Trust’s investment in Master LP units to a minimum non-compounded annual return of 7% of the net equity then outstanding and a return of capital before any amount is paid to the Master GP on account of the Master GP’s incentive management interest.

  • The remaining 50% of FSJ Aurora is indirectly owned by officers and trustees or directors of the Trust and the Master GP.

  • During the year ended December 31, 2015, the Trust paid a $148 expense on behalf of the Master GP and the Master GP received interest on funds held on the Master LP’s behalf in the amount of $90.

  • In consideration of ongoing services provided by the agents and sub-agents to the Trust, and as a further incentive to the agents or any sub-agents, the Master GP has agreed to pay to the agents or any sub- agents a trailer fee equal to 10% of any amounts realized by the Master GP in respect of its incentive management interest.

  • The Parties acknowledge that the obligations of the Limited Partner are not personally binding upon, nor shall recourse be had to, the property of any of its limited partners or the property of any successor or assign of any of its limited partners, and that recourse shall only be had to the property of the Limited Partner or the property of Lansdowne Master GP Inc., which is its sole general partner.

  • Subsequently, these officers transfer to the Trinidad and Tobago Police Service because of a better compensation package.


More Definitions of Master GP

Master GP has the meaning set forth in the Preamble.
Sample 1
Master GP means REALnorth Opportunities Inc., a corporation incorporated under the laws of Canada;
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Related to Master GP

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Investment Management Agreement means the Investment Management Agreement made

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.