Operating General Partner definition

Operating General Partner means the general partner of an operating limited partnership;
Operating General Partner means NuStar GP, Inc., a Delaware corporation and wholly owned subsidiary of the Partnership, and any successors and permitted assigns as the general partner of NuStar Logistics, L.P.

Examples of Operating General Partner in a sentence

  • Further, Assignee acknowledges that the Operating General Partner and the Corporation shall have a period of fifteen (15) days to elect to purchase the Interest on the same terms and conditions contained in this Agreement.

  • If an Operating General Partner determines that there are insufficient resources available to an Operating Partnership to meet the needs of any Project and the Limited Partners have already funded the full amount of their Committed Capital Contributions, the General Partner may seek a loan (a “Deficit Loan”) for the amount appropriate or necessary to fund the Project needs (the “Cost Overrun”).

  • The Operating General Partner shall prepare appropriate marketing materials and shall provide prospective purchasers information about the Project(s), and access to the Project(s) and to the relevant books and records of the Operating Partnership in accordance with any approved marketing plan, the reasonable requests of any employed broker, and industry practice.


More Definitions of Operating General Partner

Operating General Partner means Plains Marketing GP Inc., a Texas corporation and wholly owned subsidiary of the Partnership, and any successors and permitted assigns as the general partner of the Operating Partnerships.
Operating General Partner means Enterprise Products OLPGP, Inc., a Delaware corporation and wholly owned subsidiary of the MLP, and any successors and permitted assigns as the General Partner of the Operating Partnership.
Operating General Partner means Breitburn Operating GP LLC, a Delaware limited liability company, and its successors and permitted assigns as general partner of the Operating Partnership or as the business entity with the ultimate authority to manage the business and operations of the Operating Partnership.
Operating General Partner means Williams GP Inc., a Delaware corporation and wholly xxxxx xxxxidiary of the Partnership, and any successors and permitted assigns as the general partner of the Operating Partnership.
Operating General Partner means Valero GP,