Organizational Limited Partners definition
Examples of Organizational Limited Partners in a sentence
Ninety-eight percent of any interest or other profit that may have resulted from the investment or other use of such initial Capital Contributions shall be allocated and distributed to the Organizational Limited Partners, and the balance thereof shall be allocated and distributed to the General Partner.
Ninety-eight percent of any interest or other profit that may have resulted from the investment or other use of such initial Capital Contributions has been allocated and distributed to the Organizational Limited Partners, and the balance thereof has been allocated and distributed to the General Partner.
As of the Closing Date, the interest of the Organizational Limited Partners has been redeemed as provided in the Contribution Agreement; and the initial Capital Contribution of the Organizational Limited Partners has been refunded.
The General Partner and the Organizational Limited Partners have previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act and hereby amend and restate the First Amended and Restated Agreement of Limited Partnership of Encore Energy Partners LP in its entirety.
The General Partner and the Organizational Limited Partners have previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act and hereby amend and restate the Second Amended and Restated Agreement of Limited Partnership of Targa Resources Partners LP, as heretofore amended, in its entirety.
The General Partner and the Organizational Limited Partners have previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act and hereby amend and restate the original Agreement of Limited Partnership of BreitBurn Energy Partners L.P. in its entirety.
At the Time of Delivery, RTI contributed to the Partnership the Former LP Portion (less the Organizational Limited Partner's contribution referred to in Section 4.1(a)(iv)) of the RTI Contributed Property pursuant to the Conveyance Agreement in exchange for 5,000,000 LP Units (less the single LP Unit referred to in Section 4.1(a)(iv)).
The General Partner and the Organizational Limited Partners have previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act and hereby amend and restate the original Agreement of Limited Partnership of Encore Energy Partners LP in its entirety.
The General Partner and the Organizational Limited Partners have previously formed the Partnership as a limited partnership pursuant to the provisions of the Delaware Act and hereby amend and restate the original Agreement of Limited Partnership of Calumet Specialty Products Partners, L.P. in its entirety.
As of the Closing Date, the interest of the Organizational Limited Partners shall be redeemed as provided in the Contribution Agreement; and the initial Capital Contributions of the Organizational Limited Partners shall thereupon be refunded.