GMSP definition

GMSP means G▇▇▇ M▇▇▇▇ Strategic Partners, L.P.

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GMSP has the meaning set forth in the introductory paragraph of this Agreement.

GMSP means ▇▇▇▇ ▇▇▇▇▇ Strategic Partners, L.P., a Texas limited partnership.

Examples of GMSP in a sentence

• Notwithstanding anything to the contrary contained in this Agreement, (x) no Fees shall be payable with respect to any portion of the Portfolio invested in Cash during a majority of the days in the given calendar month and (y) the Committee and GMSP may agree upon a different Fee structure for special situations.

• No other fees, charges or assessments shall be payable by GNA to or for the benefit of GMSP or any member of the GMSP Group with respect to the services performed by GMSP pursuant to this Agreement, provided that GNA shall have the responsibility to reimburse GMSP for GMSP's payment of any amounts described pursuant to Section 4(d) below.

• GMSP will provide prompt written notice to GNA if GMSP ceases to be so registered or qualified or becomes aware of any fact, event or circumstance which will or is reasonably likely to cause it to cease to be so registered or qualified.

• In the allocation of brokerage for the Portfolio, GMSP shall be subject always to Applicable Law and such policies and requirements that the Committee may adopt or approve as reflected in the Policy Letter.

• GMSP and GNA have caused this Agreement to be executed all as of the day and year first above written.

• The execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of GMSP.

• In the allocation of brokerage, however, GMSP must determine in good faith, and demonstrate to GNA upon request, that the amount of the commission is reasonable in relation to the value of the brokerage services and Research provided by the broker, viewed in terms of either the particular transaction or GMSP's overall responsibilities with respect to the Portfolio.

• GMSP is duly qualified and in good standing (to the extent applicable) to transact business in each jurisdiction in which the performance of its obligations hereunder require such qualification except where the failure to be duly qualified or in good standing would not have or reasonably be expected to have a GMSP Material Adverse Effect.

• Within fifteen (15) days after the end of each calendar month, GNA shall pay to GMSP the Fees earned with respect to the preceding calendar month.

• Research furnished by brokers through whom Securities transactions are effected may be used by GMSP in servicing all of its accounts, and there shall be no reduction in the compensation of GMSP hereunder as a consequence of its receipt of such Research.

More Definitions of GMSP

GMSP has the meaning set forth in the first paragraph hereof.

GMSP means Goff ▇▇▇r▇ ▇▇▇ategic Partners, a Texas limited partnership, (ii) "GMSP Entity" means one or more of GMSP and any Affiliate or Associate of GMSP (individually or collectively), (iii) "Securities Purchase Agreement" means the Securities Purchase Agreement dated June 29, 1999, between the Company and GMSP, and (iv) "GMSP Exclusion Termination Date" means the earlier to occur of (A) the termination (other than pursuant to the successful consummation of the transactions contemplated thereby) of the Securities Purchase Agreement and (B) such time as one or more of the GMSP Entities (individually or collectively) become(s) the Beneficial Owner of more than 35% of the Common Stock then outstanding (other than to the extent that any GMSP Entity becomes the Beneficial Owner of more than 35% of the Common Stock then outstanding (i) as a direct result of the repurchase or purchase by the Company or any Subsidiary of the Company of Common Stock or securities convertible into or exchangeable or exercisable for Common Stock, unless thereafter any GMSP Entity purchases additional shares of Common Stock, or (ii) as a result of acquiring Beneficial Ownership of additional shares of Common Stock pursuant to any stock option or other employee benefit plan of the Company).