ZGP definition
Examples of ZGP in a sentence
The parties hereto acknowledge that an Exchange constitutes a transfer of an interest in ZGP giving rise to a Basis Adjustment.
Provided the Required Additional Purchases are made, ZGP shall pay ▇▇▇▇▇▇ three million four hundred thousand dollars ($3,400,000) (the “Incentive Fee”) within five (5) business days following the Closing (as defined in the Investment Agreement).
As the sole managing member of ZGP, Holdings shall cause ZGP and each ZGP Group member that is treated as a partnership for United States federal income tax purposes to file an election under Section 754 of the Code commencing no later than with its first Taxable Year which includes an Exchange, unless such entity already has a Section 754 election in effect, and shall not cause any such entity to revoke such election until this Agreement is no longer in effect for any Non-Holdings Member.
If a Covered Stockholder is the holder of any Class A Units of ZGP, such Covered Stockholder agrees that he, she or it will not exercise any Holder Exchange Rights.
Unless the tax withholding obligations of the Company, ZGP or ▇▇▇▇ Group, LLC, if any, are satisfied, the Company shall have no obligation to issue a certificate or book-entry transfer for such shares.