MEMP GP definition

MEMP GP means Memorial Production Partners GP LLC, a Delaware limited liability company.

Examples of MEMP GP in a sentence

  • Because MRD controls MEMP through the ownership of its general partner (“MEMP GP”), MRD is required to consolidate MEMP for accounting and financial reporting purposes even though MEMP GP only owns a 0.1% general partner interest and 50% of the incentive distribution rights in MEMP.

  • The Board of Directors of MEMP GP believes it is in the best interests of MEMP and its subsidiaries to use the grace period to continue discussions with its lenders and noteholders related to alternatives to improve MEMP’s capital structure.

  • Because MRD controls MEMP through the ownership of its general partner (“MEMP GP”), MRD is required by accounting principles generally accepted in the United States of America (“GAAP”) to consolidate MEMP for accounting and financial reporting purposes even though MEMP GP only owns a 0.1% general partner interest and 50% of the incentive distribution rights in MEMP.

  • However, Castro´s social and economic policies have been brought back as examples lately, but then only by Chávez in Venezuela and to a lesser extent, by Morales in Bolivia.

  • On May 12, 2003, Enron Entities and CTC filed answers to the requests.

  • Prior to the sale our only economic interest was our ownership of MEMP GP, which at the time of the sale owned an approximate 0.1% general partner interest in MEMP and 50% of the incentive distribution rights in MEMP.

  • Schedule 7.14 identifies each Subsidiary as either a Restricted Subsidiary or an Unrestricted Subsidiary, and, except for the ownership of the Class IDR Membership Interests in MEMP GP by the Class IDR Members, each Restricted Subsidiary on such schedule is a Wholly-Owned Subsidiary.

  • Part IV - Insurance distribution activity Registration for the purposes of insurance distribution activityEvery practice unit which carries on incidental financial business which is insurance distribution activity shall give the Council the details required by the Council of the officer responsible for the conduct of that business.

  • Defendant Weber is also a member of Memorial Resource Development, LLC’s (“MRD LLC”) board of managers, MEMP GP board of directors, and is Managing Partner and Chief Operating Officer (“COO”) of Natural Gas Partners (“NGP”).

  • MEMP GP had previously held the general partner interest and 50% of the incentive distribution rights of MEMP.

Related to MEMP GP

  • GP means Gottbetter & Partners, LLP.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • General Partner means the general partner of the Partnership.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • 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.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Carlyle means Carlyle Investment Management, LLC.

  • Sole Member means the Person listed on Schedule A hereto, as amended from time-to-time, who owns the sole Membership Interest in the Company upon such terms and conditions as provided in this Agreement and under the Act.

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • EPD means Enterprise Products Partners L.P., a Delaware limited partnership.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • Partnership has the meaning set forth in the Preamble.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Delaware Divided LLC means any Delaware LLC which has been formed upon consummation of a Delaware LLC Division.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.