GPLP definition
Examples of GPLP in a sentence
The amounts payable pursuant to this Section 4 shall be paid by GPLP to the Executive not later than the date of any Change in Control of GRT, unless otherwise agreed to in writing.
Subject to the preceding sentence, in the event that the Executive's participation in any such plan or program is barred, GRT and GPLP shall arrange to cause the Company to provide the Executive with benefits substantially similar to those which the Executive was entitled to receive under such plans and programs.
This Agreement shall commence on the date hereof and shall terminate upon the earlier of (a) the date on which GPLP and GRT have satisfied all of their obligations hereunder, or (b) the date on which the Executive is no longer an employee of the Company for any reason whatsoever including, without limitation, termination without cause.
GRT guarantees the satisfaction of all obligations of, and the full and prompt payment of all amounts payable by GPLP hereunder.
GRT guarantees the satisfaction of all obligations of, and the full and prompt payment of all amounts payable by, GPLP hereunder.
This Agreement shall inure to the benefit of, be binding upon and be enforceable by GRT and GPLP, their successors and assigns and the Executive, and the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.
This Agreement shall commence on the date hereof and shall terminate upon the earlier of (a) the date on which GPLP and GRT have satisfied all of their obligations hereunder or (b) the date on which the Executive is no longer an employee of the Company for any reason whatsoever including, without limitation, termination without cause.
From the preparation date of the most recent financial statements delivered to the Lenders through the Agreement Execution Date, there was no change in the business, properties, or condition (financial or otherwise) of GPLP or Owner which could reasonably be expected to have a Material Adverse Effect.
Neither GPLP nor Owner has any material contingent obligations not provided for or disclosed in the financial statements referred to in Section 6.1 or as set forth in written notices to the Administrative Agent given from time to time after the Agreement Execution Date on or about the date such material contingent obligations are incurred.
Neither GPLP nor Owner nor any other member of the Controlled Group has incurred, or is reasonably expected to incur, any withdrawal liability to Multiemployer Plans in excess of $250,000 in the aggregate.