NGOP definition
Examples of NGOP in a sentence
Each Equityholder signs solely, individually and in his capacity as a record holder and beneficial owner of Interests, and nothing herein shall limit or affect any actions taken in his capacity as an officer or director of NGP and/or NGOP.
Each Equityholder who is a director or officer of NGP and/or NGOP makes no agreement or understanding herein as director or officer of NGP and/or NGOP.
The Pledged Securities consisting of NGOP Common Units have been duly and validly issued.
For the avoidance of doubt, nothing in this Section 7(b) shall be construed to limit the rights of the Collateral Agent to immediately exchange any of the Pledged Securities consisting of NGOP Common Units into shares of NGP Common Stock upon any foreclosure or sale (whether public or private) of the Pledged Securities.
The Collateral Agent shall not effect any exchange of the Pledged Securities consisting of NGOP Common Units into shares of NGP Common Stock except in connection with the sale or foreclosure of the Pledged Securities.
NGOP MERGER STEP THREE--NGOP MERGER A wholly owned subsidiary of Newco will merge with and into NGOP, with NGOP as the surviving partnership.
This Agreement has been duly and validly executed and delivered by NGP, Newco and NGOP and (assuming the due authorization, execution and delivery of this Agreement by each of the other parties hereto) constitutes a valid and binding obligation of each of NGP, Newco and NGOP, enforceable against each in accordance with its terms.
Price in connection with any vote by holders of NGP Common Stock and NGOP Common Units contemplated by the Voting Agreement.
The NGOP Merger shall become effective as set forth in the certificate of merger which shall be filed with the Delaware Secretary on the Closing Date.
If any documents evidencing such consent or other actions required for filing under the provisions of the Code are required in order to effectuate such objectives, and if any party is unable or unwilling or otherwise fails to execute such documents or take such other action in a timely manner, then such party hereby irrevocably appoints any officer of NGP or general partner of NGOP as such person's attorney-in-fact to execute such documents and to take such action in such person's place and stead.