NGR Management definition

NGR Management means the Co-Issuer, NGR Management Company LLC, a Delaware limited liability company.
NGR Management has the meaning set forth in the Preamble. “Observer” has the meaning set forth in Section 5.2(k).

Examples of NGR Management in a sentence

  • This shall not in any way affect, limit or modify any Management Investor’s rights, powers, entitlements, liabilities, obligations, duties or responsibilities under any Employment Agreement, and/or Equity Agreement or any other agreement with respect to the provision of services to NGR Management and/or any of its Subsidiaries.

  • So long as any Membership Interests or Equity Securities are owned by NGR Management or its Subsidiaries, such Membership Interests or Equity Securities will not be considered or treated as outstanding for any purpose.

  • NGR Management’s assets shall be deemed to be owned by NGR Management as an entity, and no Member, individually or collectively, shall have any ownership interest in such assets or any portion thereof.

  • A Member’s obligation to indemnify and make contributions to NGR Management under this Section 4.2 shall survive the termination, dissolution, liquidation and winding up of NGR Management, and for purposes of this Section 4.2, NGR Management shall be treated as continuing in existence.

  • All NGR Management assets shall be recorded as the property of NGR Management on its books and records, irrespective of the name in which legal title to such assets is held.

  • If any Member appoints a Purchaser Representative in accordance with this Section 9.4(e), NGR Management shall pay the fees and expenses of such Purchaser Representative.

  • No Member shall have the right to seek or obtain partition by court decree or operation of Law of any NGR Management property, or the right to own or use particular or individual assets of NGR Management (including all or a portion of its Subsidiaries or Affiliates).

  • NGR Management shall keep, or cause to be kept, appropriate books and records with respect to NGR Management’s business, including all books and records necessary to provide any information, lists and copies of documents required to be provided pursuant to Section 7.2 or pursuant to applicable Laws.

  • All Distributions shall be further subject to the retention and establishment of reserves, or payment to third parties, of such funds as the Board deems necessary with respect to the reasonable business needs and obligations of NGR Management (which obligations shall include the obligations under the terms and conditions of any indebtedness for borrowed money incurred by NGR Management or any of its Subsidiaries).

  • However, if any such Member declines to appoint the Purchaser Representative designated by NGR Management, such Member shall appoint another Purchaser Representative (reasonably acceptable to NGR Management and the Drag Along Selling Member), and such Member shall be solely responsible for the fees and expenses of the Purchaser Representative so appointed.