Operating Partnership Agreements definition

Operating Partnership Agreements means the agreements of limited partnership of any Operating Partnerships that are limited partnerships, or any limited liability company agreements of any Operating Partnerships that are limited liability companies that are treated as partnerships for federal income tax purposes, as such may be amended, supplemented or restated from time to time.
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Operating Partnership Agreements mean the amended and restated agreements of limited partnership, dated as of August 9, 2006, governing the rights and obligations of the partners of the Operating Partnerships and certain related matters, as amended or restated from time to time.
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Operating Partnership Agreements means the agreements of limited partnership of any Operating Partnership that is a limited partnership, or any limited liability company agreement of any Operating Partnership that is a limited liability company that is treated as a partnership for federal income tax purposes, as such may be amended, supplemented or restated from time to time.
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Examples of Operating Partnership Agreements in a sentence

  • The Person so approved (or its designated Affiliates) shall become the successor general partner or partners of the Operating Partnerships, as provided in the Operating Partnership Agreements.

  • Any such withdrawal shall also constitute the withdrawal of the OLP GP from the Operating Partnerships, as provided in the Operating Partnership Agreements.

  • Neither any Group Member, any Limited Partner nor any other Person shall have any rights by virtue of this Agreement, the Operating Partnership Agreements or the partnership relationship established hereby or thereby in any business ventures of any Indemnitee.

  • Pursuant to Section 6.14 of the Master Partnership Agreement and Section 6.12 of each of the Operating Partnership Agreements, in each case as amended, third parties dealing with the Partnerships shall be entitled to assume that Management has the full power and authority of the General Partner in acting for the Partnerships.

  • Since each of Management and certain other parties specified in the Partnership Agreements who are associated with Management are Indemnitees, the provisions of Section 6.8 in the Master Partnership Agreement and Section 6.4(b) of each of the Operating Partnership Agreements, in each case as amended, regarding the limitation on an Indemnitee's liability for monetary damages shall be applicable to all such Indemnitees.

  • These limited partner interests have been duly authorized by the respective agreements of limited partnership of the Operating Partnerships (the "Operating Partnership Agreements"), have been validly issued in accordance with the respective Operating Partnership Agreements, are fully paid and non-assessable, except to the extent such non-assessability may be affected by Section 17-607 of the Delaware Act, and are the only outstanding limited partner interests of all of the Operating Partnerships.

  • The Management Subsidiary owns of record and beneficially a 1% general partnership interest in each of the Operating Partnerships in accordance with the Operating Partnership Agreements related thereto and a .99% limited partnership interest in Buckeye Pipe Line Company of Michigan, L.P. pursuant to its Operating Partnership Agreement.

  • Any such withdrawal shall also constitute the withdrawal of the Manager from the Operating Partnerships, as provided in the Operating Partnership Agreements.

  • If the General Partner is removed by the Limited Partners under circumstances where Causes exists or if the General Partner withdraws under circumstances where such 57 withdrawal violates this Agreement or the Operating Partnership Agreements, its successor shall have the option described in the immediately preceding sentence, and the Departing Partner shall not have such option.

  • Complete and correct copies of (i) the certificate of limited partnership, and all amendments thereto, for each of the Partnership and the Operating Partnerships and (ii) the Partnership Agreement and Operating Partnership Agreements, and all amendments thereto, have been delivered to the Underwriters, and no changes therein will be made subsequent to the date hereof and prior to the time of purchase or the additional time of purchase, as the case may be.


More Definitions of Operating Partnership Agreements

Operating Partnership Agreements means the CTOP Partnership Agreement and the Pinecreek OP Partnership Agreement.
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Operating Partnership Agreements. 5 "Operating Partnerships" 5 "Opinion of Counsel" 5 "Organizational Limited Partner" 5 "Partner" 5 "Partnership" 5 "Partnership Interest" 5 "Percentage Interest" 5 "Person" 5 "Pipe Line" 5 "Recapture Income" 5 "Record Date" 5 "Record Holder" or "Holder" 6 "Restricted Payment" 6 "Securities Act" 6 "Time of Delivery" 6 "Transfer Agent" 6 "Two-Thirds Interest" 6 "Unit" 6 "Unit Price" 6 "Units Register" 6 "Unrealized Gain" 6 "Unrealized Loss" 7
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Operating Partnership Agreements. Federal Income Tax Consequences," "ERISA Considerations" and "Underwriters" and (B) in the Registration Statement in Items 33 and 34, in each case insofar as such statements constitute summaries of the legal matters, documents or proceedings referred to therein, fairly present the information called for with respect to such legal matters, documents and proceedings and fairly summarize the matters referred to therein.
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Operating Partnership Agreements mean the amended and restated agreements of limited partnership, dated as of August 9, 2006, governing the rights and obligations of the partners of the Operating Partnerships and certain related matters, as amended or restated from time to time. “Operating Partnerships” means, collectively, Buckeye Pipe Line Company, L.P., Buckeye Pipe Line Holdings, L.P., Everglades Pipe Line Company, L.P. and Laurel Pipe Line Company, L.P., each a Delaware limited partnership, and each other current or future subsidiary of the Partnership which is managed by the General Partner or the OLP GP pursuant to its organizational documents or any other contractual arrangement with the General Partner or the OLP GP.
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Operating Partnership Agreements means the limited partnership agreement(s) governing the Operating Partnership(s).
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Related to Operating Partnership Agreements

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Partnership Agreement means that certain First Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of the date hereof, as amended from time to time.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;