NGP I definition

NGP I means NGP RE Holdings, L.L.C., a Delaware limited liability company, and its successors and assigns.
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NGP I has the meaning set forth in the recitals hereto.
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Examples of NGP I in a sentence

  • Upon the occurrence of a Partial Acceleration Event, a portion of this Option (the “Tag Percentage”) equal to the Applicable Percentage multiplied by the percentage of equity interests in Issuer or NGP I transferred shall accelerate and this Option shall be deemed to be automatically exercised for the Tag Percentage.

  • Issuer shall also give the Option Holder written notice (a “Partial Acceleration Notice”) if Parent or any of its Affiliates Transfers any equity interests in Issuer or NGP I to any non-affiliated third party, other than a sale of Permitted Tax Equity (a “Partial Acceleration Event”) specifying the equity interests transferred.

  • For purposes hereof “Transfer” means any direct or indirect sale or other transfer of equity interests in Issuer or NGP I, provided that any sale or transfer of any equity interests in any upstream Affiliate of Issuer that is publicly traded shall not constitute a Transfer under this Option.

  • The financing provided by TCW is secured by a pledge of all the equity interests of both NGP Blue Mountain Holdco LLC (“Holdco”) and NGP I, and over substantially all the assets of NGP I.

  • Issuer shall not cause or permit NGP I to enter into or engage in any business other than the ownership, development, construction, operation and maintenance of the Project in accordance with the Transaction Documents.

  • NGP I must increase power production to enable Holdco to reduce the EIG loan balance which is necessary to continue to meet cash payment obligations and to meet the covenanted interest coverage ratio.

  • NGP I has a valid leasehold interest under the NLRC Lease, the RLF Lease and the BSNF Lease in all of the geothermal resources required for the construction and operation of the Project in accordance with the Transaction Documents.

  • The total defined contribution cost for GRU for the years ended September 30, 2008 and 2007, was $108,900 and $101,600, respectively.

  • Issuer shall not, and shall not cause or permit any Issuer Party (other than NGP I) to, engage in any business other than consummation of the transactions contemplated by the Transaction Documents and, in the case of Issuer, ownership of the Equity Interests of the other Issuer Parties.

  • NGP I is lawfully possessed of a valid fee simple interest in the portion of the Site held in fee, a valid and subsisting license or leasehold estate in and to its Site (including any portion thereof held under leases that grant NGP I rights in geothermal resources) and valid and subsisting grants for a term in any easements or rights of way needed for the operation of the Project.

Related to NGP I

  • GP means Gottbetter & Partners, LLP.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • IDR means Interval Data Recorder.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • IDRs means the rights to the incremental ability, resulting from the addition of Merchant Transmission Facilities, to inject energy and capacity at a point on the Transmission System, such that the injection satisfies the deliverability requirements of a Capacity Resource. Incremental Deliverability Rights may be obtained by a generator or a Generation Interconnection Customer, pursuant to an IDR Transfer Agreement, to satisfy, in part, the deliverability requirements necessary to obtain Capacity Interconnection Rights.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.