Examples of OZ Limited Partner in a sentence
During the Restricted Period, no OZ Limited Partner shall be permitted to Transfer Common Units unless, following the date of such Transfer, the relevant Individual Limited Partner and its Related Trusts continue to hold in the aggregate at least 25% of the Common Units of such Partners that have vested on or before the date of such Transfer, without regard to dispositions (such requirements, the “Minimum Retained Ownership Requirements”).
During the Restricted Period, no OZ Limited Partner shall be permitted to Transfer Class A Common Units unless, following the date of such Transfer, the relevant Individual Limited Partner and its Related Trusts continue to hold in the aggregate at least 25% of the Class A Common Units of such Partners that have vested on or before the date of such Transfer, without regard to dispositions (such requirements, the “Minimum Retained Ownership Requirements”).
During the Restricted Period, no OZ Limited Partner shall be permitted to Transfer Class A Common Units unless, following the date of such Transfer, the relevant Individual Limited Partner and its Related Trusts continue to hold in the aggregate at least 25% of the Class A Common Units of such Partners that have vested on or before the date of such Transfer, without regard to dispositions (such requirements, the "Minimum Retained Ownership Requirements").
Each OZ Limited Partner (other than the Ziffs) agrees to invest 100% of the after-tax proceeds received by it in connection with the sale of Units pursuant to this Agreement in the Funds.
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Subject to the terms and upon the conditions set forth herein, each OZ Limited Partner agrees to sell to each OZ Partnership, and each OZ Partnership agrees to purchase from each OZ Limited Partner, the number of Operating Group A Units in such OZ Partnership set forth opposite each OZ Limited Partner’s name on Schedule A under the “Firm Units” column (the “Firm Units”) at a price per Unit equal to the allocable portion of the Purchase Price.
The execution, delivery and performance by such OZ Limited Partner of this Agreement and the consummation by such OZ Limited Partner of the transactions contemplated hereby are within such OZ Limited Partner’s power and authority and have been duly authorized by all necessary action on the part of such OZ Limited Partner.
No claim, legal action, suit, arbitration, governmental investigation, or other legal, judicial or administrative proceeding is pending or, to such OZ Limited Partner’s knowledge, threatened against such OZ Limited Partner which would reasonably be expected to prevent or delay the transactions contemplated hereby.
Such OZ Limited Partner owns good and marketable title to the Units, and such Units are free and clear of all mortgages, liens, pledges, security interests, charges, claims, restrictions and encumbrances of any nature whatsoever (“Liens”).
Subject to the terms and upon the conditions set forth herein, if the Underwriter Option is exercised in whole or in part (and upon each such exercise), each OZ Limited Partner agrees to sell to each OZ Partnership, and each OZ Partnerships agrees to purchase from each OZ Limited Partner, the Optional Units at a price per Unit equal to the allocable portion of the Purchase Price.