SP GP Solutions definition

SP GP Solutions means (i) Strategic Partners GP Solutions L.P., a Delaware limited partnership, (ii) any alternative investment vehicles relating to, or formed in connection with, any of the partnerships referred to in clauses (i) and (iii) of this definition, (iii) any parallel fund, managed account or other capital vehicle relating to, or formed in connection with, the partnership referred to in clause (i) of this definition and (iv) any other limited partnership, limited liability company or other entity (in each case, whether now or hereafter established) of which the Partnership or the General Partner serves, directly or indirectly, as the general partner, special general partner, manager, managing member or in a similar capacity.
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Examples of SP GP Solutions in a sentence

  • Except as otherwise expressly provided in this Article VII or in Article VIII, the terms and provisions of this Article VII and Article VIII shall not apply to the GP-Related Partner Interests or the GP-Related SP GP Solutions Interest.

  • It is further understood and/or agreed that a Covered Person shall first seek to be so indemnified and have such expenses advanced in the following order of priority: first, out of proceeds available in respect of applicable insurance policies maintained by the applicable portfolio entity and/or SP GP Solutions; second, by the applicable portfolio entity through which such investment is indirectly held; and third, by SP GP Solutions (only to the extent the foregoing sources are exhausted).

  • The General Partner may from time to time establish such repurchase rights and/or other requirements with respect to the Partners’ GP-Related Partner Interests relating to GP-Related SP GP Solutions Investments as the General Partner may determine.