Partnership Interest Certificate definition
Examples of Partnership Interest Certificate in a sentence
Evidence of the issuance of the Partnership Interest Certificate shall be recorded in the books of the Partnership as set forth in Section 6.3.
Subject to the restrictions set forth in Section 5.3, only the Managing General Partner may issue a Partnership Interest Certificate, and only upon the execution of the same by the President and a Vice President of the Managing General Partner.
The Partnership shall be entitled to treat the registered owner of a Partnership Interest Certificate as the owner of such Partnership Interest for all purposes and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Partnership Interest, regardless of whether it shall have actual or other notice thereof, by a person other than the registered owner of such certificate, except as provided in the Project Financing Documents.
The Interest in the Partnership of each General Partner and each Limited Partner shall be evidenced by a Partnership Interest Certificate in the form attached hereto as EXHIBIT A issued to each such Partner.
The Partnership Interest Certificate shall state on its face (i) the restrictions of transfer set forth in Section 7.1 or Section 8.3(c), as applicable, and (ii) that it is subject to the terms and conditions of this Partnership Agreement.
In the event that any Partnership Interest Certificate shall be lost, stolen, or destroyed, the Managing General Partner may authorize the issuance of a substitute Partnership Interest Certificate in place of the Partnership Interest Certificate so lost, stolen, or destroyed.
The Partnership Interest Certificate shall state on its face (i) the restrictions of transfer set forth in Section 7.1 or Section 8.3(c), as applicable, and (ii) that it is subject to the terms and conditions of this Amended and Restated Partnership Agreement.
Each such Partnership Interest Certificate shall be denominated in terms of the Partnership Units in the Partnership evidenced by such Partnership Interest Certificate and shall be signed by the General Partner on behalf of the Partnership.
In all cases, payment for the Partnership Interests or Rights tendered pursuant to this Continuing Offer will be made only after timely receipt by the Company of the Partnership Interest Certificate or a copy of the agreement evidencing the grant of the Rights, together with evidence of exercise and payment with respect to the exercise, a properly completed and duly executed Letter of Transmittal, and any other documents required by the Letter of Transmittal.
Units of Partnership Interest shall be evidenced by Partnership Interest Certificates (herein referred to collectively as "Partnership Interest Certificates" and individually as a "Partnership Interest Certificate") which shall be issued in accordance with this Section 4.7 and Section 13.18 hereof, in the form attached hereto as Exhibit A, as such form may be amended from time to time by the Managing General Partner.