Partnership Claim definition

Partnership Claim means any Claim against a REIT in its capacity as a trustee, trust manager, managing member, general partner, partnership manager or joint venture manager of a Controlled Entity.
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Partnership Claim means any claim or potential claim (whether or not settled) of, or issues, disputes or potential disputes with, a Limited Partner resulting from the restatement of financial statements of a Division Entity for years ending prior to the Closing Date. "Partnership Settlement" shall have the meaning ascribed to such term in Section 5.12 hereof.
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Partnership Claim means any and all present and future "claims" (used in its broadest sense, as contemplated by and defined in Section 101(5) of the Bankruptcy Code, but without regard to whether such claim would be disallowed under the Bankruptcy Code) of Partnership now or hereafter arising or existing under or relating to the Partnership Loan Agreement and related Loan Documents, whether joint several. or joint and several, whether fixed or indeterminate, due or not yet due, contingent or non-contingent. matured or unmatured. liquidated or unliquidated, or disputed or undisputed, whether under a guaranty or a letter of credit, and whether arising under contract in tort, by law, or otherwise, any interest or fees thereon (including interest or fees that accrue after the filing of a petition by or against Borrower under the Bankruptcy Code, irrespective of whether allowable under the Bankruptcy Code), any costs of Enforcement Actions, including reasonable attorneys' fees and costs, and any prepayment or termination premiums.
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Examples of Partnership Claim in a sentence

  • The Insurer shall pay Loss on behalf of a REIT resulting from a Partnership Claim first made against such REIT during the Policy Period or Extended Reporting Period, if applicable.

  • The Insurer shall pay Loss on behalf of a REIT resulting from a Partnership Claim first made against such REIT during the Policy Period or Extended Reporting Period, if applicable, for a Wrongful Act.

  • The Monitor understands that the $449,400 will be repaid by setting off the same against the distribution made to the Partnership from QRCI with respect to the Partnership Claim, which claims is anticipated to exceed the amount paid to the OGC.

  • QRCI is seeking an order setting the amount of the Partnership Claim.

  • As of the time of this report the Partnership Claim has not been agreed to.

  • If no agreement is reached by the return of QRCI’s application the Monitor recommends the claims deadline for the Partnership to submit a claim against QRCI be extended by a month to August 5, 2016, to allow the MMI Trustee adequate time to review the Partnership Claim.

  • Without a Trust or Partnership Claim, There Is No Parol Claim At AllTexas courts have never enforced oral agreements for the joint acquisition of land except in the trust and partnership contexts.

  • The Partnership Claim [33] The Plaintiff in his Writ of Summons and Statement of Claim also seeks a Declaration that he is entitled to a beneficial interest in all of the premises whichwere held in the name of his late brother.

  • Haverbury Housing Partnership: Claim under Schedule 5 of the Housing Stock Transfer Agreement (Jun 08/04)Cabinet Member – Sara Mildmay-White; Contact Officer – Jerry MasseyTelephone: 01284-757200e-mail: jerry.massey@stedsbc.gov.uk Report Z11 attached.

  • Mot.”); (2) the Motion to Bifurcate and Try First Partnership Claim and Memorandum in Support (“Bifurcation Mot.”); (3) Brendan V.


More Definitions of Partnership Claim

Partnership Claim means any actual or threatened claim or other action of any Person (including without limitation any direct or indirect owners of any Partnership Interest and/or Existing Partner) (i) that any Xxxxxx Party and/or any direct or indirect owner of any Xxxxxx Party has (or may have) breached its fiduciary obligations or other obligations (including without limitation obligations arising under any applicable organizational documents or other contractual agreements or obligations of full and fair disclosure) and whether arising out of the transactions contemplated by this Agreement or otherwise, or (ii) that (A) the consideration payable to any Xxxxxx Party and/or any direct or indirect owner of any Xxxxxx Party in connection with the transactions contemplated by this Agreement and/or (B) the allocation of any consideration paid by Transferee under this Agreement or related agreements is contrary to agreements or improper, or (iii) with respect to or under the terms of any organizational documents of any Xxxxxx Party and/or any direct or indirect owner of any Xxxxxx Party.
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Partnership Claim means a claim made in accordance with section 42(6)‌
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Partnership Claim means any actual or threatened claim or other action of any Person (including any direct or indirect owners of any membership interests in the Original Company or the Ceppeto Members), based on any state of facts occurring on or prior to the Effective Date, (i) that either Ceppeto Member and/or any direct or indirect owner of either Ceppeto Member or any Affiliate of any of them has (or may have) breached any fiduciary or other obligations owing to such Person (including obligations arising under any applicable organizational documents or other contractual agreements or obligations of full and fair disclosure) and whether arising out of the transactions contemplated by this Agreement (including the Exchange Transaction) or the Transaction Documents or otherwise, or (ii) that the benefits derived by either Ceppeto Member and/or by any direct or indirect owner of either Ceppeto Member or any Affiliate of any of them in connection with the transactions contemplated by this Agreement (including the Exchange Transaction) or the Transaction Documents is contrary to agreements between such Person and either Ceppeto Member and/or any direct or indirect owner of either Ceppeto Member or any Affiliate of any of them, or is otherwise improper, or (iii) with respect to or under the terms of any organizational documents of the Original Company or of either Ceppeto Member and/or any direct or indirect owner of either Ceppeto Member or any Affiliate of any of them.
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Related to Partnership Claim

  • 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.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • 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.

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

  • Partnership Representative has the meaning set forth in Section 5.2(a).

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

  • Partnership Security means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership).

  • 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.

  • 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 Loan has the meaning provided in Section 5.2(c) hereof.

  • 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.

  • 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.

  • Partnership has the meaning set forth in the Preamble.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • 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.

  • General Partner has the meaning set forth in the Preamble.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.