GDLP definition

GDLP means Genesis Direct, L.P., a Delaware limited ---- partnership.
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GDLP means Gerstell Development Limited Partnership, a Maryland limited partnership.
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Examples of GDLP in a sentence

  • Only proceeds from the sale of the Parent's Common Stock may be distributed to the Limited Partners of GDLP.

  • Each Stockholder further agrees to cooperate fully with the GE Partnership, GDLP or the New Investors in connection with the voting of its shares of Capital Stock, the execution of written consents, the calling of meetings and other stockholder matters.

  • The closing (the "CLOSING") of the purchase and sale of the Purchased Assets and the assumption of the Assumed Liabilities hereunder shall take place at the offices of GDLP in Monroe, Louisiana at 11:00 a.m. on December 15, 1997 (the "CLOSING DATE"), or as soon as possible thereafter if all conditions set forth herein are satisfied; such date may be extended from time to time with the prior written consent of the parties hereto.

  • The representations and warranties of the Sellers made in Sections 2.05 and 2.16 shall survive the Closing until the release by Parent of the combined audited financial statement of Parent and GDLP.

  • If the Partners' Equity of GDLP as set forth on the Estimated Closing Statement of Partners' Equity reflects (i) Partners' Equity of less than $1,617,000 as of the Closing Date, the Purchase Price shall be reduced, dollar for dollar, by an amount equal to such shortfall, or (ii) Partners' Equity of more than $1,617,000 as of the Closing Date, the Purchase Price shall be increased, dollar for dollar, by an amount equal to such excess.

  • The Affiliate Guarantee, duly executed and delivered by KIG, Cunningham, GDLP and the Agent.

  • The Sellers shall use all reasonable efforts to preserve without material impairment the GDLP Charter and GDLP's goodwill as to suppliers, distributors, customers and others having business relations with GDLP.

  • However, when net proceeds from the sale of the Common Stock (if sold within 2 days of conversion) and conversion value of the unsold Common Stock equals $1,050,000, the remaining convertible shares held by GDLP will be canceled.

  • The amount of the Assumed Liabilities will not cause an adjustment of the $2,250,000 Purchase Price, provided GDLP maintains the Partners' Equity requirement of $1,617,000 as provided in Section 1.05.

  • GDLP may decide to sell the Common Stock immediately or hold the shares as an investment.