Examples of Master Limited Partnership in a sentence
Master Limited Partnership Agreement The Master Limited Partnership Agreement will establish a Manitoba limited partnership, the limited partners of which will be the City and OSEG and the general partner of which will be an Ontario corporation owned by OSEG or an affiliate of OSEG.
Subject to the Act and the provisions hereof, the directors shall manage or supervise the Corporation’s Business in accordance with this Agreement, the Project Agreement and the Master Limited Partnership Agreement.
In the event that there is a negative net cash flow, the limited partner may make a contribution to the retail limited partnership for all or a portion of such amount in accordance with the terms and conditions established under the Master Limited Partnership Agreement.
The tenant will also pay participation rent, based on fifty percent of annual net cash flow of the retail premises, following December 31, 2044 (subject to adjustment in respect of the CFL and OHL team values, described above and included in the Master Limited Partnership Agreement).
In the event that there shall be a permitted Disposition by OSEG of its Securities of the Master Limited Partnership pursuant to the provisions of the Master Limited Partnership Agreement, OSEG shall be required to Dispose its Shares in accordance with subsection 7.1(a).