Examples of Specified Partnership in a sentence
Upon any such contribution of an Excluded Property or the proceeds therefrom, the Special Limited Partner shall receive in exchange for such contribution, notwithstanding the actual value of such Excluded Property or the amount of such proceeds (as the case may be), the Specified Partnership Units applicable to such Excluded Property.
The Partnership is expressly authorized to issue the Specified Partnership Units in the numbers specified in this Section 4.9 without any further act, approval or vote of any Partner or any other Persons.
Proposed subsections 125(3.2) and 125(8) will permit assignments to be made to transfer access to the SBD between corporations receiving SCI or Specified Partnership Income (SPI).
For the avoidance of doubt, no fees, expenses or indemnities payable to U.S. Bank National Association by the Specified Partnerships shall constitute Administrative Expenses hereunder or otherwise be payable by any Credit Party hereunder unless in the case of any Specified Partnership Full Pledge Documents shall have been delivered with respect to such Specified Partnership (and, in such case, such amounts shall be treated as Administrative Expenses).
The letter opinion included6 many of the above factual recitations, as well as specific findings relating to a constructive trust and a7 partnership accounting.8 Defendant filed his Chapter 7 petition on March 23, 2015.
Seller will use reasonable efforts to cooperate with Parent in taking all actions permitted or required to be taken by or on behalf of Seller under the partnership agreement of the relevant Specified Partnership for each Specified Partnership to have a valid election under Section 754 of the Code in effect for the taxable year that includes the Closing Date.
Click to edit Master title style Ι• Go to http://datawarehouse.hrs a.gov/tools/analyzers/hps afind.aspx to begin searching for a HPSA designations • Select the state Click the down arrow for State search • Select County • Then, choose a discipline.
If the investment ratio of Foreign Investors in the partnership is 50% or more, or if the majority of the GPs are Foreign Investors, the relevant fund will be deemed to be a Specified Partnership.
Upon any such contribution of an Excluded Property or the proceeds therefrom, WEA shall receive in exchange for such contribution, notwithstanding the actual value of such Excluded Property or the amount of such proceeds (as the case may be), the Specified Partnership Units applicable to such Excluded Property.
Special Rule for Specified Partnership LoansThe 2018 FTC proposed regulations included rules addressing the source and separate category of interest income and expense related to loans to a partnership by a U.S. person (or a member of its affiliated group) that owns an interest (directly or indirectly) in the partnership.