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New LP definition

New LP means a Bermuda exempted limited partnership to be formed prior to the Effective Date, the general partner of which will be the Property Partnership;
New LP means a Delaware limited liability company to be newly organized by the Debtor, which is a joint participant in this Plan and which will be the limited partner of the Reorganized Debtor as provided in this Plan.
New LP means Brookfield Property Preferred L.P.;

Examples of New LP in a sentence

  • Pursuant to the Restructuring a real estate investment trust (the “REIT”) will be formed to own and control the general partner of PropCo (“PropCo GP”) and to hold PropCo New LP Interests.

  • On and after the Effective Date, if applicable, the Reorganized LP is authorized to issue, or cause to be issued, and shall issue the New LP Units in accordance with the terms of the Plan without the need for any further corporate, limited liability company, or shareholder action.

  • All New Senior Secured Notes, New Convertible Notes, New Common Stock, and New LP Units to be distributed under the Plan shall be issued on the Effective Date regardless of when the distribution of such instrument actually occurs.

  • All of the New LP Units distributable under the Plan shall be duly authorized, validly issued, and fully paid and non-assessable.

  • In reliance on this representation, Cellco hereby waives, on behalf of itself and on behalf of New LP, its right, under Section 14.02(i) of the Transaction Agreement, to receive, as a condition to its obligation to consummate the Closing, any consents in connection with the assignment to New LP of such agreements.

  • All of the New LP Units distributable under the Plan will be entitled to economically equivalent distribution and liquidation rights and will be the only units outstanding with respect to the Reorganized LP upon emergence.

  • The New LP 6.75% Preferred Units, Series 1 are also traded on the TSX under the symbol “BPYP.PR.A”.

  • CEC Put Options Purchases CEC or an affiliated entity shall, pursuant to the Put Options, purchase up to (a) $269 million of PropCo New LP Interests or REIT New Common Stock at a price implying a total value of $269 million for 14.8% of the PropCo on a fully diluted basis (excluding dilution from Equitized CPLV Mezzanine Debt and Preferred PropCo Equity, if any) and (b) $700 million of OpCo New Common Stock at a price per share implying a total value of $700 million for 100% of the OpCo New Common Stock.

  • The subsequent tenure and manner of selection of directors shall be as provided in the organizational documents of New LP.

  • On February 10, 1995, Lanetree entered into the NHP Transaction whereby The Lakes Apartments was contributed to a New LP ("NHP Lanetree").


More Definitions of New LP

New LP has the meaning specified in Section 10.7.3.2.
New LP means Brookfield Property Preferred LP, an exempted limited partnership formed under the laws of Bermuda;
New LP means Killam Apartment Subsidiary 2024 Limited Partnership, a limited partnership formed by a limited partnership agreement dated October 10, 2024;
New LP has the meaning set forth in the Preamble.
New LP has the meaning given to it in the Merger Agreement.
New LP shall have the meaning set forth in the initial sentence hereof.

Related to New LP

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Holdco has the meaning set forth in the Preamble.

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • existing company means a company formed and registered under any of the previous companies laws…”

  • 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.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • EBS means Electronic Bid Submission.

  • OpCo has the meaning set forth in the Preamble.

  • Acquiring Company means a person who obtains Control of the Company;

  • Company Joint Venture means, with respect to the Company, any corporation or other entity (including partnerships, limited liability companies and other business associations and joint ventures) in which the Company, directly or indirectly, owns an equity interest that does not have voting power under ordinary circumstances to elect a majority of the board of directors or other person performing similar functions but in which the Company has rights with respect to the management of such Person.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • BCI means the Bar Council of India;

  • Partnership means the limited partnership formed under the Act and pursuant to this Agreement, and any successor thereto.

  • Acquireco has the meaning ascribed thereto in the recitals.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Converted entity means the converting entity as it continues in existence after a conversion.

  • Acquiring Corporation means (i) the continuing or surviving corporation of a consolidation or merger with Issuer (if other than Issuer), (ii) Issuer in a merger in which Issuer is the continuing or surviving person, and (iii) the transferee of all or substantially all of Issuer's assets.

  • SLP means Silver Lake Management Company III, L.L.C., Silver Lake Management Company IV, L.L.C. and their respective affiliated management companies and investment vehicles.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Participating Corporation means any Parent, Subsidiary or Affiliate that the Committee designates from time to time as eligible to participate in this Plan. For purposes of the Section 423 Component, only the Parent and Subsidiaries may be Participating Corporations, provided, however, that at any given time a Parent or Subsidiary that is a Participating Corporation under the Section 423 Component shall not be a Participating Corporation under the Non-Section 423 Component. The Committee may provide that any Participating Corporation shall only be eligible to participate in the Non-Section 423 Component.

  • Purchasing Manager means the person duly authorized to enter into and administer Contracts and make written determinations with respect to the Contract or his or her designee.