GP Affiliate definition
Examples of GP Affiliate in a sentence
Notwithstanding the foregoing, Spectra MLP shall have no right of access to, and none of SE Transmission and MLP GP shall have any obligation to provide to Spectra MLP, information relating to (a) any information the disclosure of which would jeopardize any privilege available to any Saltville Company, SE Transmission, any SE Transmission Affiliate, MLP GP or any MLP GP Affiliate relating to such information or (b) any information the disclosure of which would result in a violation of Law.
As used in this Agreement, "Residual Confidential Information" shall mean information retained in the unaided memories of individuals associated with the General Partner, a Fund or a GP Affiliate.
We will pay the General Partner or any GP Affiliate a fee for its guarantee of any Partnership loan obligation.
The GP Affiliate Loan shall have a term of at least 2 years after the date of this Agreement, shall only require monthly payments of interest in arrears, with no required payments of principal until after July 1, 2007.
The maximum principal amount of the GP Affiliate Loans which when added to the mortgage debt of the Partnership shall not exceed CapEx plus 50% of the Cost Base.
The Partnership shall not enter into any other contracts with, purchase goods or services from, or otherwise enter into a transaction with any GP Affiliate, except for an Allowed Asset Management Agreement, without the consent of Cabot which consent will not be unreasonably withheld.
Notwithstanding anything to the contrary contained in this Agreement, the Partnership may, directly or indirectly, acquire or purchase from the General Partner or its Affiliates (in each case, a “GP Affiliate”) all or a portion of any investment, assets, or rights, acquired or consummated prior to the date of the Initial Closing by a GP Affiliate with the intent to sell to the Partnership (all or a portion of any such Security, a “Warehoused Investment”).
Any and all fees, costs, taxes, and expenses directly or indirectly incurred by such GP Affiliate in connection with the direct or indirect transfer to the Partnership of such Warehoused Investment will be paid by the Partnership as Partnership Expenses.
The minimum Initial Subscription accepted from a Person shall be $100,000,000.00 subject to the General Partner’s right to accept Initial Subscriptions in lesser amounts in its discretion, including without limitation with respect to the GP Affiliate Commitment.
Each of the Cabot Limited Partners shall have the right to partially guarantee up to its pro rata share (based on their relative Percentages) of $4,556,000 million of the initial GP Affiliate Loan pursuant to “bottom dollar guarantees” in the form of Schedule 3.2 attached hereto.