RMLP definition

RMLP means RMLP Inc., a Delaware corporation.
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Examples of RMLP in a sentence

  • C & D is making its Capital Contribution ----------------------------- in reliance on the representation, warranty and covenant of the Old Partners that the Old Partners will approve, execute and deliver a [Contribution and Assumption Agreement], by and between the Old Partners and RMLP, Inc., a Delaware corporation, in a form reasonably acceptable to C & D, and close the transactions contemplated thereby (the "RMLP Closing").

  • All such determinations shall be computed after giving effect to the present value of any tax benefit arising in favor of the RMLP Indemnified Party.

  • Moreover, C&D may not implement the Buy/Sell procedure set forth in this Article 9, it being acknowledged and agreed to by C&D that only RMLP may implement the Buy/Sell procedure on behalf of C&D and RMLP.

  • The RMLP Indemnified Parties shall provide Semele and BSLF with reasonable access to their records and personnel relating to any such claim, assertion, event or proceeding during normal business hours and shall otherwise cooperate with Semele in the defense or settlement thereof, and Semele and BSLF shall reimburse the RMLP Indemnified Parties for all of their reasonable out-of-pocket expenses in connection therewith.

  • As of the date hereof, the Existing Partners and Vintage acknowledge and agree that, after the application of Section 2.15.2, the total credit in the Existing Partners’ Capital Accounts is Eleven Million Dollars ($11,000,000), to be allocated Two Million Dollars ($2,000,000) to C&D and Nine Million Dollars ($9,000,000) to RMLP, as may increased or decreased pursuant to the terms hereof.

  • Prior to the admission of Vintage to the Partnership as contemplated hereby, RMLP and C&D are the only holders of Percentage Interests or any other interests in the Partnership, with C&D holding a twenty five percent (25%) co-managing general partner interest and RMLP holding a seventy three and ninety five one hundredths percent (73.95%) co-managing general partner interest and a one and five one hundredths percent (1.05%) limited partner interest.

  • Notwithstanding the foregoing or anything to the contrary set forth herein, if C & D is the Selling Partner, RMLP will have the first option to purchase all of such Interest from C& D upon the same terms and conditions set forth in said notice.

  • This Agreement may be terminated by Semele and BSLF or RMLP if any party or government agency shall institute any proceeding seeking to enjoin or prevent consummation of the transactions contemplated hereby or seeking any material amount of damages as a result thereof.

  • Promptly after any RMLP Indemnified Party becomes aware of Indemnity Claims such RMLP Indemnified Party shall deliver to Semele and BSLF, in the manner specified in this Agreement, a Claims Notice.

  • RMLP is hereby designated as the "Tax Matters Partner" within the meaning of the Code.

Related to RMLP

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Partnership Group Member means any member of the Partnership Group.

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

  • GP means Gottbetter & Partners, LLP.

  • Partnership Subsidiary means (i) any entity of which a majority of the outstanding voting stock or voting power is beneficially owned directly or indirectly by the Partnership, or (ii) any partnership or limited liability company of which 50% or more of the capital and profits interest is owned, directly or indirectly, by the Partnership or by one or more Partnership Subsidiaries or by the Partnership and one or more Partnership Subsidiaries.