HPIP definition
Examples of HPIP in a sentence
Any holder of the HPIP Equity Interest may transfer any or all of its Incentive Distribution Rights without Unitholder approval.
Notwithstanding anything to herein to the contrary, (i) the transfer of Common Units issued pursuant to Section 5.11 shall not be treated as a transfer of all or any part of the Incentive Distribution Rights and (ii) no transfer of Incentive Distribution Rights or HPIP Equity Interests to another Person shall be permitted unless the transferee agrees to be bound by the provisions of this Agreement.
A key component of HPIP is the completion of the Project Description form, which must be submitted to the Department of Commerce prior to the company signing any document, such as a lease or purchase agreement, which commits the company to locating or expanding in Kansas.
The minimum investment threshold to qualify for HPIP is $1 million for the urban counties of Douglas, Johnson, Sedgwick, Shawnee and Wyandotte.
Steam from the reheater passes through the reheat stop and interceptor valves to the reheat inlet piping connected to the intermediate pressure section of the HP/IP turbine.
Steam passes through the throttle and governor valves to the main steam inlet piping connected to the high pressure section of the HP/IP Turbine.
The steam is reheated and returned to the HP/IP turbine through the Reheat Steam Piping.
The governor end of the cylinder base is extended to create a housing for the #2 and #3 journal bearings, and the HP/IP to LP coupling.
The support paws rest on pedestals that transfer the entire weight of the HP/IP Stationary parts to the building foundation.
It also has support pads for the generator end HP/IP cylinder paws.