Minority Partner definition

Minority Partner means each of the limited partners of the Partnership who are not defined herein as the Control Group.
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Minority Partner means each of Liberty Building Company and FKC, LLC.
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Minority Partner has the meaning given to it in Section 4.5.
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Examples of Minority Partner in a sentence

  • Each Titanium OP Minority Partner who receives New Silver OP Units shall be admitted as a limited partner of Silver OP in accordance with the terms of the Silver OP Agreement upon delivery of an executed joinder agreement substantially in the form attached hereto as Exhibit C.

  • The aforementioned vesting of authority in the Representative or Representatives of one of the two Holding II Partners shall continue for as long as such Holding II Partner or its affiliate remains a Minority Partner under the partnership agreement of the particular Partner.

  • SCLP shall contribute [ %] of the limited partner interest in each Initial Property Owner (the “Initial Property Ownership Interests”) to Sub 1 (collectively, the “Sub 1 Ownership Interests”), and SCLP shall contribute [ %] of the Initial Property Ownership Interests to Sub 2 (collectively, the “Sub 2 Ownership Interests”; the Sub 2 Ownership Interests, the Sub 1 Ownership Interests, the Minority Partner Interests and the GP Holder Stock being collectively referred to as the “Ownership Interests”).

  • The Partners shall receive no interest on any capital contributions to JVCO, except as provided in Section 4.3 with respect to a restoration of cash by the Minority Partner.

  • In the event an imbalance between capital accounts occurs due to a Partner’s failure to make a cash contribution required by Section 4.2, the allocations shall be determined based on the relative cumulative cash contributions (pursuant to Section 5.2) until such time as the Minority Partner makes the required cash contribution.

  • SCLP shall contribute 34.93% of the limited partner interest in each Initial Property Owner (the “Initial Property Ownership Interests”) to Sub 1 (collectively, the “Sub 1 Ownership Interests”), and SCLP shall contribute 65.07% of the Initial Property Ownership Interests to Sub 2 (collectively, the “Sub 2 Ownership Interests”; the Sub 2 Ownership Interests, the Sub 1 Ownership Interests, the Minority Partner Interests and the GP Holder Stock being collectively referred to as the “Ownership Interests”).

  • Each such consent and approval shall be in the applicable form attached hereto as Exhibit L (subject to the terms below with respect to the Minority Partner Release set forth therein) (with such changes thereto as may be reasonably acceptable to the Parties) or as otherwise reasonably acceptable to PRLP (the “Merger Consent”).

  • Promptly after delivery of the Call Notice each Partner shall file an HSR Report to report the proposed acquisition by the Majority Partner of the Percentage Interest of the Minority Partner (unless that acquisition does not require a filing under the HSR Act).

  • If the Majority Partner desires to exercise its call option, it shall deliver a written notice (the "CALL NOTICE") to the Minority Partner setting forth its election.

  • Each Minority Partner Purchase Agreement grants Seller the right to designate Persons to which the applicable Minority Partner has agreed it will convey the minority partnership or limited liability company interest described therein (each a “Minority Interest”).

Related to Minority Partner

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Minority Group means any of the following racial or ethnic groups:

  • Minority person means a person who is a citizen or lawful permanent resident of the United States and who is any of the following:

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Founding Member means any individual who is either: