Withdrawn Partner definition

Withdrawn Partner means a Limited Partner whose GP-Related Partner Interest or Capital Commitment Partner Interest in the Partnership has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Partner.
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Withdrawn Partner shall have the meaning assigned to such term in Section 9.3.
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Withdrawn Partner means a partner with respect to whom an event of withdrawal has occurred.
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Examples of Withdrawn Partner in a sentence

  • Any Partner or Withdrawn Partner shall remain liable for the obligations under this Agreement (including any Net GP-Related Recontribution Amounts and any Capital Commitment Recontribution Amounts) of any transferee of all or any portion of such Partner’s or Withdrawn Partner’s interest in the Partnership, unless waived by the General Partner.

  • The Adjustment Amount shall, if positive, be payable by the holders of the purchased Capital Commitment Interests to the Withdrawn Partner from the next Capital Commitment Net Income received by such holders on the Contingent portion of such Withdrawn Partner’s Capital Commitment Interests at the time such Capital Commitment Net Income is received.

  • Where applicable, any estate planning trust of such Partner or Withdrawn Partner to which a portion of such Partner’s or Withdrawn Partner’s Interest is transferred shall include a provision substantially similar to such provision and the trustee of such trust shall confirm annually to the Partnership, in writing, that such provision or its substantial equivalent remains in such trust.

  • In the event any Partner or Withdrawn Partner fails to comply with the provisions of this Section 10.11 after the Partnership has notified such Partner or Withdrawn Partner of his or her failure to so comply and such failure to so comply is not cured within 30 days of such notice, the Partnership may withhold any and all distributions to such Partner until the time at which such party complies with the requirements of this Section 10.11.

  • Notwithstanding the foregoing, any Limited Partner who Withdraws from the Partnership, and all or any portion of whose GP-Related Partner Interest is retained as a Special Partner, shall be considered a Withdrawn Partner for all purposes hereof.


More Definitions of Withdrawn Partner

Withdrawn Partner means a partner with respect to whom an event of withdrawal has occurred. A partner withdraws if an event of withdrawal has occurred with respect to that partner under Section 6.01.
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Withdrawn Partner means a partner with respect to whom an event of withdrawal has occurred. (TRPA 1.01(6), (7), (8), (9), (10), (11), (12), (13), (14), (15), (16), (17), (18), (19).)
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Withdrawn Partner. As defined in Section 8.6.
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Withdrawn Partner has the meaning set forth in Section 6.5(a).
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Withdrawn Partner means a Partner which has become withdrawn from the Partnership pursuant to this Agreement.
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Withdrawn Partner means a Limited Partner whose interest in the Partnership has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Partner, (ii) the term “Withdrawal Date” shall mean the date of the Withdrawal from the Partnership of a Withdrawn Partner and (iii) the term “Settlement Date” shall mean the date as of which a Withdrawn Partner’s interest in the Partnership is settled as determined under paragraph (b) below.
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Withdrawn Partner means a Limited Partner whose interest in the Partnership has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Partner, (ii) the term “Withdrawal Date” shall mean the date of the Withdrawal from the Partnership of a Withdrawn Partner and (iii) the term “Settlement Date” shall mean the date as of which a Withdrawn Partner’s interest in the Partnership is settled as determined under paragraph (b) below. The provisions of this Section 6.5 are subject to any written agreement between a Withdrawn Partner and the General Partner in accordance with Section 8.4.
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