New GP definition

New GP means a Delaware corporation to be newly organized by the Debtor, which is a joint participant in this Plan and which will be the general partner of the Reorganized Debtor as provided in this Plan and will be the sole member of New LP.

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New GP means a private limited company to be incorporated under the laws of Ireland, which will replace Legacy GP as the general partner of ProKidney upon the Closing;

New GP means a general partnership formed by TII and TEI under the Partnerships Act (Ontario);

Examples of New GP in a sentence

• The New Common Units and the New GP Units being issued at Closing will be, when issued in consideration for the contribution by the P66 Parties of the Contributed Interests, duly authorized, validly issued, fully paid and nonassessable (except as such nonassessability may be affected by the Delaware Revised Uniform Limited Partnership Act) and free of any preemptive or similar rights (other than those set forth in the Partnership’s limited partnership agreement).

• As of its formation and through to the Effective Time, the Company will own all of the outstanding interests in the Sub LLC (if the Sub LLC is formed), and the Company or the Sub LLC will own all of the outstanding interests in the other Company LLCs. As of their formation and through to the Effective Time, the Company or the Sub LLC will own all of the outstanding LP Interests in, and the applicable New GP LLC will own all of the outstanding GP Interests in, each Transitory Partnership.

• The New GP and the New Indemnitors agree that the foregoing representations and warranties shall be binding upon the New GP and the New Indemnitors and that the falsity or inaccuracy of any of the foregoing representations and warranties in any material respect shall constitute an “Event of Default” pursuant to the Security Instrument and the other Loan Documents that arises after the date of this Agreement.

• The New Common Units and the New GP Units being issued at Closing will be, when issued in consideration for the contribution by Contributing Parties of the Contributed Interests, duly authorized, validly issued, fully paid and nonassessable (except as such nonassessability may be affected by the Delaware Revised Uniform Limited Partnership Act) and free of any preemptive or similar rights (other than those set forth in the Partnership’s limited partnership agreement).

• Borrower, New GP and Lessee agree that this Agreement does not diminish, impair, release or relinquish the liens, powers, titles, security interests and rights securing or guaranteeing payment of the Loan, including the validity or first priority of the liens and security interests encumbering the Property granted Lender by the Loan Documents and the Additional Documents.

More Definitions of New GP

New GP means BP Canada Energy Enterprises, an Alberta general partnership.

New GP means a to be incorporated company as a wholly owned subsidiary of the Purchaser (incorporated in a jurisdiction to be agreed between NewMed and the Purchaser) for the purpose of becoming the sole general partner of NewMed at Completion;

New GP means a Nevada limited liability company to be formed, or caused to be formed, by BNAC and ▇▇▇▇▇ prior to the First Closing Date for the purpose of serving as the new general partner of the Partnership on and after the Second Closing Date, (a) 50.01% of the beneficial ownership of which shall be held, directly or indirectly, by BNAC, and (b) 49.99% of the beneficial ownership of which shall be held, directly or indirectly, by ▇▇▇▇▇.

New GP has the meaning set forth in Section 3.2(d)(ii).

New GP means Georgia-Pacific LLC, a Delaware limited liability company and non-debtor Affiliate of the Debtor.

New GP shall have the meaning set forth in the initial sentence hereof.

New GP has the meaning set forth in the recitals hereto.