KPP Entity definition
Examples of KPP Entity in a sentence
All orders, permissions, consents, approvals, licenses, authorizations and validations of, and filings, recordings and registrations with, and exemptions by, any Government Authority, or any other Person, required to authorize or required in connection with the Distribution or the execution, delivery and performance of this Agreement, the other Loan Documents and the transactions contemplated hereby and thereby by any Loan Party or KPP Entity shall have been obtained.
The Bank may furnish any information concerning any Loan Party, any Subsidiary, any member of the Consolidated Group or any KPP Entity in its possession from time to time to Bank Assignees (including prospective Bank Assignees).
Nothing contained in Section 8.3, however, shall be construed to prevent (x) a KPP Entity from contracting, creating, incurring or assuming any Indebtedness for Borrowed Money or (y) KPL, as general partner of KPP and KPOP, doing so on behalf of such KPP Entity or (z) STSI, as general partner of STOP, doing so on behalf of STOP.
Nothing contained in Section 8.7 or 8.12 shall prohibit (x) KPL, as general partner of KPP and KPOP, from taking any action on behalf of such KPP Entity otherwise prohibited by such section, or (y) STSI, as general partner of STOP, from taking any action on behalf of STOP otherwise prohibited by such section.