Examples of Opco Interest in a sentence
This satisfies the call for “simplification de-regulation” of the existing legislative picture which proved in many Member States difficult to comprehend, not mention implement.
The General Partner hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to the Partnership the Opco Interest, and the Partnership hereby accepts such Opco Interest in exchange for (a) a continuation of the General Partner’s 2% general partner interest in the Partnership and (b) the issuance to the General Partner of all of the Incentive Distribution Rights, and the Partnership hereby accepts such Opco Interest.
Notwithstanding any provision of the West Colton Agreement or the San Antonio Agreement to the contrary, immediately following such admission, Opco shall continue as a member of West Colton and San Antonio with respect to its limited liability company interests therein that do not constitute the Opco Interest, and West Colton and San Antonio are hereby continued without dissolution.
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Notwithstanding any provision of the limited liability company agreement of Opco (the “Opco LLC Agreement”) to the contrary, the General Partner is hereby admitted to Opco as a member of Opco holding the Opco Interest and hereby agrees that it is bound by the Opco LLC Agreement.
Notwithstanding anything in the West Colton Agreement or the San Antonio Agreement to the contrary, as applicable, pursuant to this contribution, (i) Opco is hereby admitted as a member of West Colton and San Antonio with respect to the Opco Interest (ii) the Partnership ceases to be a member of West Colton and San Antonio, and (iii) West Colton and San Antonio hereby each all continue without dissolution with Opco as its sole member.
Green Plains hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to the General Partner a portion of its limited liability company interests in Opco with a value equal to 2% of the equity value of the Partnership immediately after the Closing (the “Opco Interest”), and the General Partner hereby accepts such Opco Interest as a capital contribution from Green Plains.
The General Partner hereby accepts the Opco Interest as a contribution.
Notwithstanding any provisions of the West Colton Agreement or the San Antonio Agreement to the contrary, the Partnership hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to Opco, its successors and its assigns, for its and their own use forever, all right, title and interest in and to the Opco Interest.
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