Permitted GP Transfer definition
Permitted GP Transfer means any GP Equity Transfer that complies with Section 1018 of this Indenture.
Permitted GP Transfer means any GP Equity Transfer that complies with the covenant described under “Repurchase at the Option of Holders— Asset Sales.”
Permitted GP Transfer has the meaning specified in Section 1019 of this Indenture.
Examples of Permitted GP Transfer in a sentence
To the extent that the aggregate amount of Notes and such other Senior Indebtedness tendered pursuant to a MLP Offer is less than the excess Net Proceeds from the Permitted MLP Transfer, Permitted GP Transfer or Extraordinary Distribution, the Company may use any remaining excess Net Proceeds for general corporate purposes, subject to other covenants contained in this Indenture.
More Definitions of Permitted GP Transfer
Permitted GP Transfer means any sale, conveyance, transfer or other disposition of any Equity Interest in the general partner of a MLP in connection with, or following, the initial public offering of the general partner of such MLP that complies with Section 13.4.