GPEL definition
Examples of GPEL in a sentence
These are expected to be satisfied during 1Q 2012; The total consideration payable by Dart Energy for the acquisition of GPEL is US$42 million, payable in two tranches of US$21 million each, as follows: o Tranche 1: US$6 million paid in cash at completion and a further US$10 million paid in Dart Energy shares at completion priced based on 30 day VWAP prior to the completion date.
In addition, a combined work program for the existing Dart Energy portfolio in the U.K. and Greenpark’s is expected to result in significant cost synergies; Conditions precedent relate primarily to the reorganisation of Greenpark involving a transfer of certain licence interests into GPEL, approval of the licence transfers from the relevant regulators, and various confirmatory due diligence items, including satisfactory completion of title due diligence.
An undivided interest means that your Metal is part of the weight of Metal owned by all the Clients of Goldmoney, including GPEL, not recorded as Registered Bars.
When you receive these units, you increase your undivided interest in the weight of Metal in the Vault you choose by an amount equal to the value of the money paid for the purchase less any fee or charge due to GPEL for this service.