TEPPCO GP definition
Examples of TEPPCO GP in a sentence
All of the capital stock of TEPPCO GP is owned of record by the Partnership, free and clear of all liens, encumbrances, security interests, equities, charges, or claims, except as set forth in the Prospectus or as are not, individually or in the aggregate, not material.
Complete and correct copies of the articles of incorporation and the bylaws of TEPPCO GP and all amendments thereto have been delivered to the Underwriters, and no changes therein will be made subsequent to the date hereof and prior to the time of purchase or the additional time of purchase, as the case may be.
All of the capital stock of TEPPCO GP is owned of record by the Partnership, free and clear of all liens, encumbrances, security interests, equities, charges, or claims, except as set forth in the Prospectus or as are not, individually or in the aggregate, material.
As of the Effective Date, Schedule 3.12 hereto lists the correct ownership of TEPPCO, TEPPCO GP, the Partnership and the General Partner.
TEPPCO GP is the sole general partner of each of the Operating Partnerships and, with respect to Jonah, the sole managing general partner, in each case with a general partner interest of 0.001%, respectively.
TEPPCO GP is the sole general partner of each of the Operating Partnerships and, with respect to Jonah, the sole managing general partner, in each case with a general partner interest of 0.001%.
Except for any Encumbrances arising under the governing documents of any TEPPCO Party, applicable securities Laws or this Agreement, TEPPCO GP owns such general partner interest free and clear of any Encumbrances.
TEPPCO GP and TEPPCO MLP are the sole record and beneficial owners of the general partner interest and limited partner interest, respectively, of each of the TEPPCO Operating Partnerships.
For a period of one year following the Closing Date, DEFS shall not, and shall cause its affiliates not to, terminate any of the Services Agreements; provided, however, that Enterprise agrees that the services provided under such Services Agreements will be earlier modified or terminated, as appropriate, as the Affected Employees who are employees of DEFS are transferred to TEPPCO GP or its affiliates or terminated from DEFS employment.
Immediately prior to the Closing, TEPPCO Investments LLC (“Investments”), a wholly owned subsidiary of TEPPCO GP, has forgiven, discharged and terminated all obligations under or evidenced by that certain $10,000,000 promissory note issued to Investments by DEFS as obligor under such note.