Pledged Partnership Interest definition

Pledged Partnership Interest means at any time any partnership interest (whether general or limited) that is included in the Pledged Equity Interests at such time.

Pledged Partnership Interest any and all of each Pledgor’s interests, including units of partnership interest, in the Partnerships as set forth in Schedule I attached hereto and any Additional Pledged Partnership Interest at any time pledged pursuant to Section 5(e), including, without limitation, all its rights to participate in the operation or management of the Partnerships and all its rights to properties, assets, partnership interests and distributions (except as otherwise provided herein) under the Partnership Agreements in respect of such Partnership Interests, together with all certificates, options or rights of any nature whatsoever which may be issued or granted by any of the Issuers to any of the Pledgors in respect of the Pledged Partnership Interests while this Pledge Agreement is in effect.

Pledged Partnership Interest means 19.9999% of the partnership interest in Party C held by the Pledgor now, representing RMB 199,999 of Party C’s contribution amount, and all the future partnership interest in Party C held by the Pledgor.

Examples of Pledged Partnership Interest in a sentence

• Unless an Event of Default shall have occurred and be continuing, the Applicable Agent will have no right to take any action which the owner of a Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

• Unless an Event of Default shall have occurred and be continuing, the Collateral Agent will have no right to take any action which the owner of a Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

• The parties hereto expressly agree that, unless the Pledgee shall become the absolute owner of the respective Pledged Limited Liability Company Interest or Pledged Partnership Interest pursuant hereto, this Agreement shall not be construed as creating a partnership or joint venture among the Pledgee, any other Secured Creditor and/or any Pledgor.

• Unless an Event of Default shall have occurred and be continuing, no Secured Party will have any right to take any action which the owner of a Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

• Unless an Event of Default shall have occurred and be continuing, the Secured Party will have no right to take any action which the owner of a Pledged Partnership Interest or Pledged LLC Interest is entitled to take with respect thereto, except the right to receive payments and other distributions to the extent provided herein.

More Definitions of Pledged Partnership Interest

Pledged Partnership Interest means any and all of Borrower's interests, including units of membership interest, in the Partnerships as set forth in Schedule I attached hereto and any Additional Pledged Partnership Interest at any time pledged pursuant to Section 5(g), including, without limitation, all its rights to participate in the operation or management of the Partnership and all its rights to properties, assets, partnership interests and distributions under the Partnership Agreements in respect of such member interests. "Pledged Partnership Interest" also includes (i) all accounts receivable arising out of the applicable Partnership Agreements in respect of such Pledged Partnership Interests ("Accounts"); (ii) all general intangibles arising out of the applicable Partnership Agreements in respect of, or constituted by, such Pledged Partnership Interest ("General Intangibles"); and (iii) to the extent not otherwise included, all Proceeds of any and all of the foregoing (including within Proceeds, whether or not otherwise included therein, and any and all contractual rights of the Borrower under any revenue sharing or similar agreement to receive all or any portion of the revenues or profits of the Issuer of any Pledged Partnership Interest).

Pledged Partnership Interest also includes (i) all accounts receivable arising out of the applicable Partnership Agreements in respect of such Pledged Partnership Interests ("Accounts"); (ii) all general intangibles arising out of the applicable Partnership Agreements in respect of, or constituted by, such Pledged Partnership Interest ("General Intangibles"); and (iii) to the extent not otherwise included, all Proceeds of any and all of the foregoing (including within Proceeds, whether or not otherwise included therein, and any and all contractual rights of the Borrower under any revenue sharing or similar agreement to receive all or any portion of the revenues or profits of the Issuer of any Pledged Partnership Interest).

Pledged Partnership Interest means any and all of any Pledgor's interests in a partnership, including units of any Partnership Interest in each Partnership set forth on Part C of Schedule I hereto and any Additional Pledged Partnership Interest listed on Part C of Schedule I to any supplement to this Pledge Agreement delivered pursuant to Section 5(e) and any Additional Pledged Partnership Interests pledged to the Collateral Agent pursuant to Section 5(a), including, without limitation, all its rights to participate in the operation or management of the Partnerships and all its rights to properties, assets, member interests and distributions (except as otherwise provided herein) under the Partnership Agreements in respect of such partnership interests.

Pledged Partnership Interest has the meaning set forth in Representation 1(b) of this Agreement.

Pledged Partnership Interest any and all of Pledgor’s Partnership Interests in the Partnerships set forth in Schedule I attached hereto and any Additional Pledged Partnership Interest at any time pledged pursuant to Section S(e), including, without limitation, all its rights to participate in the operation or management of the Partnerships and all its rights to properties, assets, partnership interests and distributions (except as otherwise provided herein) under the Partnership Agreements in respect of such Partnership Interests, together with all certificates, options or rights of any nature whatsoever which may be issued or granted by any of the Issuers to Pledgor in respect of the Pledged Partnership Interests while this Pledge Agreement is in effect.

Pledged Partnership Interest has the meaning given it in Section 2.1(a). ----------------------------

Pledged Partnership Interest means the entire partnership interests (whether general and/or limited partnership interests) at any time owned by each Pledgor in any partnership (general or limited) or similar entity (each a "Pledged Partnership").