NGL General Partner definition

NGL General Partner means NGL Energy Holdings LLC, a Delaware limited liability company.

Examples of NGL General Partner in a sentence

  • Most notably, before the fog of litigation NGL’s CEO Krimbill asked that NGL’s stockholders approve a compensation arrangement with LCT that would “equate[] to a $29 million success fee.” Acknowledging that this fee “appears high compared to a typical 1%-2% investment banker success fee,” Krimbill explained,We are looking at the fee from the perspective of the value created to the NGL General Partner and the very attractive purchase price of $200 million.

  • I feel this is a fair arrangement, although seemingly expensive, as we never would have had this opportunity at our price without LCT bringing it to us.185Krimbill also wrote that “[t]he value created for the NGL General Partner from this transaction is approximately $500 million,”186 a large gain on a $200 million acquisition.

  • He doesn’t break it out in the letter, but what he obviously is referring to is the value of the two percent interest and the value at the time of the three percent option, assuming an exercise price at a seven hundred million dollar valuation, and a[n] overall valuation of the NGL General Partner at one billion.

Related to NGL General Partner

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

  • General Partner means the general partner of the Partnership.

  • Surviving General Partner has the meaning set forth in Section 11.2(d)(i)(A).

  • General Partners means all such Persons.

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

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

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

  • Partner means the General Partner or a Limited Partner, and “Partners” means the General Partner and the Limited Partners.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Managing Member is defined in the recitals to this Agreement.

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

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03 hereof.

  • Operating Partnership has the meaning set forth in the preamble.

  • 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.

  • 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.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Partnership has the meaning set forth in the Preamble.

  • GP means Gottbetter & Partners, LLP.

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.

  • Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership, as amended from time to time.

  • Non-Managing Member means any Member other than the Managing Member.

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

  • Hosting Partners means companies who entered into an agreement with CIPC in the areas of application management; application hosting, application service provision, and marketplace hosting are incorporated in this category.