New Partnership Interests definition

New Partnership Interests means new common interests in the Reorganized Partnership.
New Partnership Interests means the new general and/or limited partnership interests in Reorganized TER Holdings authorized hereunder and to be issued on the Effective Date to Reorganized TER and any new limited or general partner formed pursuant to the Plan and the Restructuring Transactions, as applicable.
New Partnership Interests means one hundred percent (100%) of the ownership interests in Amerigrow LP to be issued to Janet Tomlinson (37.5%) and Mulchmaker (47.5%), as limited partners, and Amerigrow Corp (15%) as general partner, or their designees, on the Effective Date.

Examples of New Partnership Interests in a sentence

  • By: [Redacted] By: [Redacted] Name: [Redacted] Name: [Redacted] Title: SVP SSI, OFI Title: SVP President, SSI SCHEDULE B The following is the list of Funds available under this Agreement, which SSI or OFDI may update from time to time, with a copy to Company in due course.

  • For more information on the New JGW Governance Documents and applicable transfer restrictions, see Article VI.As will be provided in the New JGW Governance Documents, no holder of New Partnership Interests may transfer such interests unless they are transferred together with the equivalent amount of New Class B Common Stock (and vice versa).

  • For purposes of implementation of this Plan, pursuant to the Confirmation Order, and on account of the Prepetition Banks Secured Claims, the New Partnership Interests shall be deemed to be transferred to the Prepetition Banks, and thereafter shall be deemed to be transferred by such Prepetition Banks to Entegra or the affiliates of Entegra, as applicable.

  • All book-entry forms for any shares, units or interests, as applicable, of the New Common Equity, including the New Class A Common Stock, the New Class B Common Stock and the New Partnership Interests, shall bear conspicuous legends that such securities are subject to the terms and conditions set forth in the New JGW Governance Documents, including with respect to the restrictions of transfer set forth therein and restrictions of transfer under the applicable securities laws.

  • All book-entry forms for any shares, units or interests, as applicable, of New Common Equity, including the New Class A Common Stock, the New Class B Common Stock and the New Partnership Interests, will bear conspicuous legends that such securities are subject to the terms and conditions set forth in the New JGW Governance Documents, including with respect to the restrictions of transfer set forth therein and restrictions of transfer under the applicable securities laws.

  • On the Effective Date, the reorganized capital structure shall consist of (i) the New RCF, (ii) the New Partnership Interests, (iii) New Class A Common Stock, including the MIP Equity (as defined below) reserved for issuance by the New Board (as defined below), and (iv) New Class B Common Stock (as defined below).

  • On the Effective Date, the equity interests in Reorganized PubCo will consist of:•New Class A Common Stock (including the MIP Equity reserved for issuance by the New Board), each share of which will have one (1) vote; and•New Class B Common Stock, each share of which will have one (1) vote.On the Effective Date, the equity interests in the Reorganized Partnership will consist of the New Partnership Interests.

  • The issuance of the New Partnership Interests, New Membership Interests, New Term A Loan Notes, New Term A L/C Notes, New Term B Loan Notes, and New Term B L/C Notes and the distribution thereof under this Plan shall be exempt from registration under applicable securities laws pursuant to section 1145(a) of the Bankruptcy Code.

  • Any Participant whose employment with the Company and its Subsidiaries is terminated for any reason before an Exercise Date shall thereupon cease being a Participant.

  • Any party that is to receive New Partnership Interests pursuant to the Plan will be required to enter into the New Partnership Operating Agreement as a precondition to such receipt.

Related to New Partnership Interests

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

  • 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 such Act.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Membership Interests has the meaning set forth in the recitals.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • Common Units is defined in the Partnership Agreement.

  • Membership Units means membership interests in the Company.

  • Contributed Interests has the meaning set forth in the recitals.

  • LLC Interests shall have the meaning given to such term in Section 5.1.3.

  • Company Interests has the meaning set forth in the Recitals.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled, as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Units (other than GP Units).

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned by any Pledgor or represented by any Partnership Interest.

  • Pledged Partnership Agreements means all of each Grantor’s rights, powers, and remedies under the partnership agreements of each of the Pledged Companies that are partnerships.