PVG GP definition

PVG GP means PVG GP, LLC, which, prior to the Effective Time, was a Delaware limited liability company and the general partner of PVG.
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PVG GP has the meaning given to it in the Recitals of this Contribution Agreement.
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Examples of PVG GP in a sentence

  • Notwithstanding any provision of the PVG GP Agreement, including Section 2.12(c) thereof, simultaneously with the admission of PVG as a substitute member of PVG GP pursuant to Section 2.2 of this Contribution Agreement, PVR GP Corp shall cease to be a member of PVG GP and shall cease to have or exercise any right or power as a member of PVG GP.

  • Virginia PVG GP, LLC Delaware Penn Virginia GP Holdings, L.P. Delaware Penn Virginia Technology, Inc.

  • Following such assignment, the Percentage Interest (as defined in the PVG GP Agreement) of PVR GP Corp shall be 0% and the Percentage Interest of PVG shall be 100%.

  • PVG desires to acquire all of the limited liability company interests in PVG GP owned by PVR GP Corp, and to be admitted to PVG GP as a substitute member of PVG GP.

  • Virginia PVG GP, LLC Delaware Penn Virginia GP Holdings, L.P. Delaware Penn Virginia Corporation Penn Virginia Holding Corp.

  • Notwithstanding any provision of the PVG GP Agreement, including Article V thereof, simultaneously with the assignment described in Section 2.1 of this Contribution Agreement, PVG is hereby admitted to PVG GP as a substitute member of PVG GP and ratifies and agrees to be bound by the PVG GP Agreement.

  • The parties hereto agree that the assignment of the Transferred GP Interest, the admission of PVG as a substitute member of PVG GP and the ceasing of PVR GP Corp to be a member of PVG GP shall not dissolve PVG GP, and the business of PVG GP shall continue.

  • As of the Effective Date, the Company hereby grants to Employee «Units» common units of Penn Virginia GP Holdings, L.P. (“Units”) pursuant to the PVG GP, LLC Amended and Restated Long-Term Incentive Plan, as amended and restated effective January 1, 2008 (the “Plan”).

  • PVG GP, LLC, THE GENERAL PARTNER OF THE PARTNERSHIP, MAY IMPOSE ADDITIONAL RESTRICTIONS ON THE TRANSFER OF THIS SECURITY IF IT RECEIVES AN OPINION OF COUNSEL THAT SUCH RESTRICTIONS ARE NECESSARY TO AVOID A SIGNIFICANT RISK OF THE PARTNERSHIP BECOMING TAXABLE AS A CORPORATION OR OTHERWISE BECOMING TAXABLE AS AN ENTITY FOR FEDERAL INCOME TAX PURPOSES.

  • Notwithstanding any provision of the PVG GP Agreement, including Article V thereof, PVR GP Corp hereby grants, contributes, bargains, assigns, transfers, sets over and delivers to PVG, its successors and assigns, for its and their own use forever, a 100% limited liability company interest in PVG GP (the “Transferred GP Interest”).

Related to PVG GP

  • GP means Gottbetter & Partners, LLP.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • General partnership means an organization formed by two or more persons under chapters 45-13 through 45-21.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.