SOLP definition
Examples of SOLP in a sentence
The Borrower shall at all times maintain a 95% or greater ownership interest in each of Energy Partners (whether through general partnership interests or limited partnership units or both) and SOLP; provided, however, that the foregoing shall not be construed to prevent the liquidation or dissolution of Energy Partners or SOLP in accordance with Section 6.04(b).
Sweeny Facilities Phil▇▇▇▇' ▇▇terest in the Propylene, DCPD, NGL Fractionation and Ethylene chemical plant facilities, including Phil▇▇▇▇' ▇▇terest in SOLP, located in, or in the vicinity of Old Ocean, Texas, including the improvements, information systems, furniture, fixtures and machinery, and, to the extent dedicated solely to use at such chemical plant facilities, mobile equipment which are associated with such chemical plant facilities, together with a 99-year leasehold estate in the underlying land.
Delivery will stimulate investment and employment at SOLP, improve health, wellbeing, accessibility and inclusion; make Attercliffe a better place to live, work and visit; drive footfall on the High Street to support local businesses; and celebrate the area’s heritage.