MLP GP Units definition

MLP GP Units means any Equity Interests of an MLP GP.
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MLP GP Units means any Equity Interests of an MLP GP. “MLP Subsidiary” means any Subsidiary of an MLP.
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MLP GP Units means units representing a general partner interest in Genesis MLP. "Net MLP Proceeds" means an amount equal to (x) the sum of (i) the Net Offering Proceeds, plus (ii) the LLC Contribution Amount, minus (y) the Nonunderwriting Offering Expenses.
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Examples of MLP GP Units in a sentence

  • Investments (other than in the form of a transfer of MLP GP Units by the Borrower or any Guarantor to any person other than the Borrower or a Guarantor) so long as on a Pro Forma Basis (x) no Default or Event of Default has occurred and is continuing and (y) the Borrower would be in compliance with the covenant set forth in S ection 7.11 as of the last day of the most recent Test Period for which a Compliance Certificate has been delivered.

  • Notwithstanding the foregoing, the Borrower may not designate (A) the MLP GP or (B) any holder of MLP GP Units as an Unrestricted Subsidiary.


More Definitions of MLP GP Units

MLP GP Units means units representing a general partner interest in ------------ Genesis MLP.
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Related to MLP GP Units

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Common Units is defined in the Partnership Agreement.

  • Class B Units means the Class B Units of the Company.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • LLC Units has the meaning set forth in the LLC Agreement.

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

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Class A Common Units means the Company's Class A Common Units.

  • Company Units has the meaning set forth in the Recitals.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • LTIP Units means a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Membership Units means membership interests in the Company.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.