Preferential Limited Partner definition

Preferential Limited Partner. ’ means the Initial Preferential Limited Partner or any other holder of the Preferential Right from time to time;
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Preferential Limited Partner means, on the Closing Date, LB Investment Holdings Ltd. (incorporated in England and Wales with registered number 4385277), a wholly owned Subsidiary of LBHI or any other Subsidiary of LBHI within the charge to UK corporation tax;
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Preferential Limited Partner. ’ means LCH.Clearnet PLP Limited;
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Examples of Preferential Limited Partner in a sentence

  • The Limited Partnership Agreement and the Preferred Securities shall be governed by, and construed in accordance with, Jersey law and each of the General Partner, the Initial Preferential Limited Partner, HBOS and the Initial Holder has, in the Limited Partnership Agreement, irrevocably submitted to the non-exclusive jurisdiction of the courts of Jersey to settle any disputes arising out of the Limited Partnership Agreementand the Preferred Securities.

  • In the event that any amounts received by the Issuer exceed the amount (if any) then due by way of Distribution under the Preferred Securities, the amount of such excess will be paid to the Preferential Limited Partner and Holders will have no rights in respect thereof.

  • After payment of all Liquidation Distributions, the Preferential Limited Partner will be entitled to any remaining assets of the Issuer representing proceeds of the Notes and the Holders will have no right or claim to any of the remaining assets of the Issuer or HBOS.

  • Such entitlement will arise (a) before any payments due to the General Partner and the Preferential Limited Partner and (b) before any distribution of assets is made to the General Partner, but such entitlement will rank equally with the entitlement of the holders of all other preferred securities issued by the Issuer which rank pari passu with the Preferred Securities, if any.

  • It shall comprise 5 members, of which the General Partners shall be entitled to nominate 2 members, the Preferential Limited Partner shall be entitled to nominate 1 member and Bei Kong Nannan shall be entitled to nominate 2 members.

  • The Board is pleased to announce that on 19 November 2014, the Limited Partnership Agreement was entered into among ZHSC Equity Investment Fund Management, which 40% equity interest is held by the Company, as General Partner, ZHR Equity Investment Enterprise, which equity is indirectly wholly-owned by the Company, as Intermediate Limited Partner, and other investors as Preferential Limited Partner and Secondary Limited Partners, for the purpose of the establishment of the Fund.

  • On 19 November 2014, the Limited Partnership Agreement was entered into among ZHSC Equity Investment Fund Management, which 40% equity interest is held by the Company, as General Partner, ZHR Equity Investment Enterprise, which equity is indirectly wholly-owned by Company, as Intermediate Limited Partner and other investors as Preferential Limited Partner and Secondary Limited Partners, for the purpose of the establishment of the Fund.

  • Fund expenses and commitments(1) The General Partner as manager of the Fund shall be entitled to an annual management fee at an agreed rate of the outstanding actual capital contribution made by the Preferential Limited Partner into the Fund and shall be payable from the distributable cash of the Fund.

  • As Mostowicz left the driver’s seat, Detective Romero ordered Mostowicz to stop and handcuffed him.

  • Unless otherwise provided, any modification of the project investment standards and the selection of water and water environmental projects shall be subject to the majority consents from members of the investment advisory committee, including member nominated by the Preferential Limited Partner.

Related to Preferential Limited Partner

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

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

  • 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).

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • 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.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • 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.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Additional Limited Partner means a Person admitted to the Partnership as a Limited Partner pursuant to Section 10.4 and who is shown as such on the books and records of the Partnership.

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

  • 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.

  • Original Limited Partner means any Person that is a Limited Partner as of the close of business on the date of the closing of the issuance of REIT Shares pursuant to the initial public offering of REIT Shares, and does not include any Assignee or other transferee, including, without limitation, any Substituted Limited Partner succeeding to all or any part of the Partnership Interest of any such Person.

  • Unit Designation has the meaning set forth in Section 3.2(b).

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • 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.

  • Preferred Member means a Member holding Preferred Units.

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Organizational Limited Partner means Xxxxx X. Xxxxxxx.

  • 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.

  • Limited Partners means all such Persons.

  • Co-opted Member means a person who is not a member of the authority but who-