HPGP definition

HPGP has the meaning set forth in the introductory paragraph hereto.

Examples of HPGP in a sentence

  • Each Existing Investor hereby represents and warrants to HPGP, Holdings GP and to the other Existing Investors that the statements contained in this Article IV as applied to such Existing Investor are correct and complete as of the date hereof.

  • The execution and delivery of this Contribution Agreement by HPGP and the performance by Holdings GP of its obligations hereunder, including the consummation of the transactions contemplated hereby, have been duly authorized by all necessary action and no other proceedings on the part of Holdings GP is necessary to authorize this Contribution Agreement or to consummate the transactions contemplated hereby.

  • Any Initial Class B Units distributed to any Existing Investor pursuant to this Section 1.2(c) shall no longer be subject to the vesting provisions contained in this Section 1.2 of this Annex A and shall be convertible into HPGP Common Units on a one-for-one basis at the election of such holder.

  • HPGP is duly organized, validly existing and in good standing under the laws of the State of Delaware, and HPGP has all requisite power and authority to own, lease and operate its properties and to carry on its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary.

  • Any vested Initial Class B Units shall be convertible into HPGP Common Units at the election of the applicable Management Limited Partner.

  • No fractional units of HPGP Common Units, HPGP Class B Units or scrip shall be issued as a result of the transactions contemplated by Section 2.1. Instead of any fractional units of HPGP Common Units or HPGP Class B Units, which would otherwise be issuable as a result of the such transactions, HPGP shall pay a cash adjustment in respect of such fractional interest in a per unit amount equal to the initial public offering price of HPGP Common Units.

  • This Contribution Agreement has been duly executed and delivered by HPGP and, assuming the due authorization, execution and delivery hereof by the other parties hereto, constitutes the legal, valid and binding obligation of HPGP enforceable against HPGP in accordance with its terms.

  • The execution and delivery of this Contribution Agreement by HPGP and the performance by HPGP of its obligations hereunder, including the consummation of the transactions contemplated hereby, have been duly authorized by all necessary action and no other proceedings on the part of HPGP is necessary to authorize this Contribution Agreement or to consummate the transactions contemplated hereby.

  • Each of the parties hereto shall cooperate in the preparation and filing of the HPGP Registration Statement and to consummate the HPGP Initial Public Offering.

  • HPGP has all requisite power and authority to execute and deliver this Contribution Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.

Related to HPGP

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • GP means Gottbetter & Partners, LLP.

  • EPD means the Environmental Protection Division of the Georgia Department of Natural Resources.

  • NGL means natural gas liquids.

  • MLP has the meaning given such term in the introduction to this Agreement.