Disabling Event means the General Partner ceasing to be the general partner of the Partnership pursuant to Section 17-402 of the Act.
Dissolution Event has the meaning set forth in Section 9.02 of this Agreement.
Employed Limited Partner means any Limited Partner that is employed by or providing services to the Series II Preferred Stockholder, the Issuer, the General Partner, the Partnership or any of its subsidiaries at the time in question, and any Personal Planning Vehicle of such Limited Partner.
Encumbrance means any mortgage, claim, lien, encumbrance, conditional sales or other title retention agreement, right of first refusal, preemptive right, pledge, option, charge, security interest or other similar interest, easement, judgment or imperfection of title of any nature whatsoever.
ERISA means The Employee Retirement Income Security Act of 1974, as amended.
Exchange Act means the U.S. Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
Exchange Agreement means the Fifth Amended and Restated Exchange Agreement, dated as of or about the date hereof, among the Issuer, the Blackstone Holdings Partnerships and the limited partners of the Blackstone Holdings Partnerships from time to time, as it may be amended, supplemented or restated from time to time.
Exchange Transaction means an exchange of Units for shares of Common Stock pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.
Final Tax Amount has the meaning set forth in Section 4.01(b)(ii) of this Agreement.
First Amended and Restated Agreement has the meaning set forth in the preamble hereto.
Fiscal Year means (i) the period commencing upon the formation of the Partnership and ending on December 31, 2007 or (ii) any subsequent twelve-month period commencing on January 1 and ending on December 31.
GAAP means accounting principles generally accepted in the United States of America as in effect from time to time.
General Partner means Blackstone Holdings I/II GP L.L.C., a limited liability company formed under the laws of the State of Delaware or any successor general partner admitted to the Partnership in accordance with the terms of this Agreement.
Government Official means a person who holds a high-level, full-time position with a national, supranational, U.S. federal, U.S. state or City of New York government.