GP Interests definition
Examples of GP Interests in a sentence
Cheniere Pipeline Company Cheniere Pipeline GP Interests, LLC Cheniere Southern Trail GP, Inc.
None of the issued and outstanding Units, Incentive Distribution Rights, GP Interest or Operating Partnerships GP Interests were issued in violation of any preemptive rights.
Voting Each LP Holder and other holders of LP Interests and GP Interests will vote their interests in accordance with the decisions of the Board.
As of the date of this Agreement, (i) 23,049,239 Common Units, (ii) 1,307,190 Class B Common Units, (iii) 10,029,619 Subordinated Units, (iv) the GP Interest, and (v) the Operating Partnerships GP Interests are issued and outstanding, all of which (a) are duly authorized, validly issued, fully paid and nonassessable, and (b) were issued in compliance with all applicable state and federal securities laws and the Company Partnership Agreement or the Operating Partnerships Agreements (as applicable).
Pledgor 1 may exercise its membership rights in any manner which does not adversely affect the validity or enforceability of the Pledges 1 or the existence of all or part of the GP Interests other than through profit payments pursuant to sub-Clause 4.3 above, or cause an Event of Default to occur.