MOLP definition

MOLP has the meaning set forth in the Recitals.
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Examples of MOLP in a sentence

  • The partners of the Partnership will receive either cash or upon election and qualification, Operating Units in MOLP, based on the percentage interest of such partners in the Partnership.

  • No limited partner of either the Partnership or MOLP will, as a result of the merger, become personally liable for the liabilities or obligations of either partnership.

  • The approval of the Board of Trustees of the REIT and the General Partner of MOLP was obtained on October 15, 2007.

  • At the Closing, (i) Buyer shall agree to be bound by the MEP GP LLC Agreement and shall be admitted as the sole member of MEP GP notwithstanding anything to the contrary in the MEP GP LLC Agreement and (ii) Buyer shall agree to be bound by the MOLP LP Agreement and shall be admitted as a limited partner of MOLP.

  • For example, each limited partner in the Partnership will receive consideration (either in cash or Operating Units of MOLP) equal to $1,500 per Partnership Unit owned (2.9687%).

  • Such accredited limited partners must complete a Subscription Agreement and be accepted by MOLP.

  • For example, each electing limited partner owning one unit (2.9687%) in the Partnership would receive 100 Operating Units in MOLP.

  • Accredited limited partners in the Partnership have the option of receiving Operating Units in MOLP redeemable into shares of stock in the REIT.

  • In the event of such election and acceptance, the accredited limited partners will receive Operating Units in MOLP, under the terms of the MOLP Partnership Agreement, based upon a $14 per share value of REIT stock.

  • In the event of such election and acceptance, the limited partners will receive Operating Units in MOLP, under the terms of the MOLP Partnership Agreement, based upon a $15 per share value of REIT stock.

Related to MOLP

  • GP means Gottbetter & Partners, LLP.

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

  • 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.

  • snippet means a legally binding agreement (made pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier comprising of an Order Form and the Call-Off Terms;","size":74,"snippetLinks":[{"key":"legally-binding-agreement","type":"clause","offset":[8,33]},{"key":"the-provisions-of-this","type":"clause","offset":[52,74]},{"key":"framework- agreement","type":"definition","offset":[75,94]},{"key":"the-provision-of-the-services","type":"clause","offset":[100,129]},{"key":"contracting-body","type":"definition","offset":[145,161]},{"key":"the-supplier","type":"clause","offset":[166,178]},{"key":"order-form","type":"clause","offset":[196,206]},{"key":"off-terms","type":"clause","offset":

  • SAMR means the State Administration for Market Regulation of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration for Market Regulation, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the Laws of the PRC.