GLEP definition

GLEP means Great Lakes Energy Partners, L.L.C., a Delaware limited liability company and its successors and permitted assigns.
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GLEP has the meaning given that term in the recitals hereto.
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GLEP means Great Lakes Energy Partners, L.L.C.
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Examples of GLEP in a sentence

  • No litigation, arbitration, or similar proceeding shall be pending which calls into question the validity or enforceability of this Agreement, the other Loan Documents, or the agreements pertinent to the GLEP Transaction.

  • In addition to the mortgaging of the Oil and Gas Properties, Borrower shall pledge to the Agent for the benefit of the Lenders, (i) 100% of the stock of each of Borrower's wholly-owned Subsidiaries, (ii) all of its membership interest in GLEP and (iii) shall cause each Guarantor to provide the Lenders with the Guaranty.

  • In addition to the mortgaging of the Oil and Gas Properties, each Borrower shall (i) pledge to the Agent for the benefit of the Lenders a first and prior lien on all of the issued and outstanding Capital Stock of each of their Material Domestic Subsidiaries, and (ii) to cause each Material Domestic Subsidiary (other than GLEP) to provide to the Agent, for the benefit of the Lenders, a Guaranty.

  • All matters related to this Agreement, the other Loan Documents, Borrower, its Subsidiaries, and the GLEP Transaction shall be acceptable to Administrative Agent and each Lender in their discretion, and Borrower shall have delivered to Administrative Agent and each Lender such evidence as they shall request to substantiate any matters related to this Agreement, the other Loan Documents, Borrower, its Subsidiaries, and the GLEP Transaction as Administrative Agent or any Lender shall request.

  • GLEP is a limited liability company duly and property organized, validly existing and in good standing under the laws of Delaware and is duly qualified in all jurisdictions wherein failure to qualify may result in a Material Adverse Effect.