PPLP definition
Examples of PPLP in a sentence
Upon completion of these equity purchases, PPLP, together with certain associated entities, would hold approximately 28 percent on a combined basis of Infinity’s fully diluted common stock outstanding.
Infinity also entered into a stock purchase agreement with Purdue Pharma L.P. (PPLP) under which Infinity will issue and sell 1,896,552 shares of its common stock, at a price of $14.50 per share, for aggregate proceeds to Infinity of $27.5 million.
Infinity will also issue 3,520,013 shares of Infinity common stock, at the same price per share, to repay the principal and accrued interest outstanding under the $50 million line of credit made available by PPLP.
In addition, PPLP and the associated entities have agreed to vote any shares held by them in accordance with the voting recommendations put forth by Infinity’s Board of Directors, subject to certain exceptions for shares held by the associated entities prior to entry into the stock purchase agreement with respect to votes on major corporate transactions and charter amendments.
The initiative is very closely aligned with FAO’s Pro-Poor Livestock Policy Initiative (PPLP), funded by the UK Department for International Development and based at FAO headquarters in Rome.
PPLP and the General Partner have provided notice to TRST that PPLP and Parkway Properties, Inc., a Maryland corporation (“Parkway Parent”), have entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Cousins Properties, Incorporated (“Cousins”) and Clinic Sub Inc., a wholly owned subsidiary of Cousins, on April 28, 2016.
The Ministry of Education dictates that all Co-operative Education students have a PPLP which establishes a specific learning plan for their job placement.
Prior to giving effect to the Contemplated Transactions, PPLP directly owns all of the limited liability company membership interests in the Company, and the Company directly owns all of the limited liability company membership interests in POPB Marketing and POPB Pipeline, in each case, free and clear of all Encumbrances, other than those that may be imposed by federal or state securities Laws.
Notwithstanding anything to the contrary in this Agreement, following the Closing, PPLP, Oryx and the Company shall use commercially reasonable efforts to determine appropriate branding for the Company and its subsidiaries, and, to the extent mutually agreed among such parties, remove any legacy Marks that are inconsistent with such branding.
Oryx has made available to PPLP and PMLP a true, correct and complete copy of each of the First Purchase Contracts which Oryx has the right to provide to PPLP and PMLP or the Company under the terms of such First Purchase Contract.