GEPT definition
Examples of GEPT in a sentence
Notwithstanding anything else in this Exhibit D to the contrary, if General Electric Pension Trust ("GEPT") is eligible to participate in an underwriting pursuant to the terms hereof and the General Electric Company is directly or indirectly the beneficial owner of five percent (5%) or more of the outstanding equity interests of an underwriter or underwriters acting in such underwriting, GEPT shall have the absolute right to disapprove such underwriter or underwriters so owned by General Electric Company.
The Forward Purchase Agreement has been duly authorized, executed and delivered by the Company and GEPT, and is a valid and binding agreement of the Company and GEPT, enforceable against the Company and GEPT in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
On May 11, 2005, the Company entered into a license agreement with GE Power Technology LLC ("GEPT") to obtain certain licenses under GEPT's patents.
Any obligation of The Trustees of General ------------------- Electric Pension Trust shall be enforceable solely against the assets of such Pension Trust and not against any Trustee (individually or in the aggregate) or GEPT Investment Management Incorporated.
Notwithstanding the foregoing, the Company shall not be permitted to purchase any Securities from GEPT pursuant to this Section 4 if such purchase would constitute a non-exempt prohibited transaction under ERISA.
Notices shall be addressed as follows: If to GEPT: General Electric Pension Trust c/o GE Asset Management Incorporated ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇.
The Company has agreed under this license agreement to pay GEPT a royalty equal to $32,500 per megawatt for each sale or shipment of portion thereof of a licensed product.
IXC, GEPT and certain other persons are parties to that certain Registration Rights Agreement dated as of June 10, 1996 (the "1996 Agreement").
In all other cases, the Note shall be transferred, in whole or in part as appropriate, to the GEPT Entity conducting the offer upon issuance and delivery of the offered security.
Simultaneously with the execution and delivery of this Agreement, GEPT SPE and AA SPE are being admitted to the Company as Members.