LP Assets definition

LP Assets means the assets held by the GP Limited Partnership Seller, for the risk and benefit of the Limited Partnership, being:
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LP Assets means (i) the assets transferred, directly or indirectly, by CPRL to the Limited Partnership immediately following the implementation of the Arrangement, which assets include, without limitation, all of CPRL's interest in certain assets in the Tatagwa area of Saskatchewan; and (ii) all assets acquired by the Limited Partnership subsequent to the date of the Arrangement including, without limitation, certain assets acquired in 2004 in Southeast Saskatchewan.
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LP Assets means all of the material oil and gas assets owned by Trust, and its subsidiaries, including (i) the assets transferred, directly or indirectly, by CPRL to the Limited Partnership immediately following the implementation of the Arrangement, which assets include, without limitation, all of CPRL's interest in certain assets in the Tatagwa area of Saskatchewan; and (ii) all assets acquired and retained by the Limited Partnership subsequent to the date of the Arrangement.
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Examples of LP Assets in a sentence

  • R&M In LP ---------------------------------------------------------------------- of the Atlantic R&M In LP Assets and Issuance of Membership Interest in Atlantic -------------------------------------------------------------------------------- In LLC to Atlantic Refining.

  • ART Holdings hereby accepts such assignment of the Calpian III LP Assets for the benefit of Calpian as more specifically set forth herein.

  • This Agreement shall be governed by, and construed in ------------- accordance with, the laws of the State of [ ] applicable to contracts made and to be performed wholly within such state without giving effect to conflict of law principles thereof, except to the extent that it is mandatory that the law of some other jurisdiction, wherein the Services Out LLC Assets or the R&M In LP Assets are located, shall apply.

  • At Completion the GP Limited Partnership Seller shall transfer to the GP Limited Partnership Purchaser for no further consideration, and the GP Limited Partnership Purchaser shall accept such transfer, of such right, title and interest in the LP Assets held at Completion by the GP Limited Partnership Seller as general partner for the risk and benefit of the Limited Partnership.

  • Refining to Atlantic R&M In LP of the Atlantic R&M In LP Assets and Issuance of Membership Interest in Atlantic In LLC to Atlantic Refining.....................

  • ART Holdings hereby accepts such assignment of the Calpian IV LP Assets for the benefit of Calpian as more specifically set forth herein.

  • TO HAVE AND TO HOLD the Atlantic R&M In LP Assets unto Atlantic R&M In LP, its successors and assigns, together with all and singular the rights and appurtenances thereto in anywise belonging, subject, however, to the terms and conditions stated in this Agreement and in such instruments of conveyance, forever.

  • To the extent required by applicable ------------------------------ law, this Agreement shall also constitute a "deed," "▇▇▇▇ of sale" or "assignment" of the Services Out LLC Assets, the R&M In LP Assets and [ ].

  • As part of its preparation of Schedule 3.3, Buyer shall determine and state separately therein the fair market value of the CPR L.P. Assets as a whole as set forth in Section 1.1A.


More Definitions of LP Assets

LP Assets means all of the material oil and gas assets owned by Trust, and its subsidiaries.
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