CPP License definition

CPP License means an undivided fractional interest in the License, which interest equals a fraction the numerator of which is $404,883,238 and the denominator of which is $422,530,297.

Examples of CPP License in a sentence

  • For purposes of paragraph (i) of the definition of Gross Asset Value in Section 1.10, the initial Gross Asset Value of the CPP License is $404,883,238.

  • CPP shall have contributed the CPP License to the Partnership pursuant to Section 2.2(a)(i) and shall have contributed the Holdings License to Holdings pursuant to the Holdings Partnership Agreement.