WP LLC definition
Examples of WP LLC in a sentence
Upon the terms and subject to the conditions herein set forth, on the business day immediately following the date of the Effective Time, the WP Partners shall cause WP LLC to contribute, transfer, convey, assign and deliver to Newco, and Newco shall accept and acquire from WP LLC, free and clear of all Encumbrances, all of the rights, title and interest of WP LLC in and to the WP Interests (the "Contribution").
At least 30 days prior to the Closing Date, the WP Partners shall deliver to ▇▇▇▇▇▇▇ a list of names and addresses of those persons who were, in the WP Partners' reasonable judgment, at the record date for the ▇▇▇▇▇▇▇ Stockholder Meeting, Affiliates of the WP Partners and WP LLC and who will receive any securities in any of the transactions contemplated hereby.
Prior to the Closing Date, the WP Partners shall contribute the WP Interests, or cause the WP Interests to be contributed, to WP LLC.
The WP Partners shall use all reasonable efforts to deliver or cause to be delivered to Newco, prior to the Closing Date, from each of the Affiliates of the WP Partners and WP LLC identified in the foregoing list, an Affiliate Letter in the form attached hereto as Exhibit K.
At the Closing, Newco shall deliver or cause to be delivered to WP LLC and Bankers Trust certificates representing the Newco Class B Common Stock in the respective amounts determined in accordance with Section 2.5 and registered in the name of WP LLC and Bankers Trust, respectively.
WP LLC, together with its wholly-owned subsidiary, Pequop Exploration LLC, collectively own 100% of the mining claims and acres of private mineral lands commonly known as the “West Pequop Property”, which interests are, in each case, held free and clear of all Liens other than Permitted Encumbrances.
THIS TERM SHEET INCORPORATES THE RULES OF CONSTRUCTION SET FORTH IN SECTION 102 OF THE BANKRUPTCY CODE.
Target holds, directly or indirectly, a 49% interest in WP LLC, which interest is held free and clear of all Liens.
Target holds, directly or indirectly, a 49% carried interest in WP LLC, which interest is held free and clear of all Liens.
In consideration for and concurrently with the granting of the Releases by Administrative Agent and Lender, and the advance of the new loan described in Section 4 below, Borrowers shall cause HOF Village Hotel WP, LLC (or such other entity as is currently in title to the Hotel Parcel) to record a Fourth Amendment to and Spreader of Mortgage (“Fourth Amendment”) on the Hotel Parcel in favor of Lender.