NGP II definition

NGP II. NGP III" and "NGP V" have the meanings set forth in the introductory paragraph of this Agreement.
NGP II and collectively with NGP I, "NGP"), Joint Energy Development Investments Limited Partnership ("JEDI") and First Union Corporation ("First Union") (the Management Owner, NGP, JEDI and First Union are sometimes collectively referred to herein as the "Owners" and individually as a "Owner"), amends and restates in its entirety that certain Voting and Shareholders Agreement dated March 31, 1995 between Management Owner and NGP (the "Original Agreement").

Examples of NGP II in a sentence

  • NGP II shall be designated the tax matters member under Section 6231 of the Internal Revenue Code (in such capacity, the “Tax Matters Member”).

  • Issuer shall not, and shall not cause or permit any Issuer Party to, directly or indirectly, enter into any transaction or series of related transactions with any Affiliate to undertake or permit any development activity in respect of projects to be constructed or operated by NGP II, NGP III, NGP IV or otherwise.

  • The NGP Financing Fee shall be payable upon each date of NGP II’s funding of a Capital Contribution to the Company in an amount equal to 1.00% of the aggregate amount funded to the Company by NGP II on such date and at NGP II’s option such fee may be deducted from the amount so funded.

  • Agent shall have received evidence satisfactory to Agent that the BLM Right of Way Grant NVN-81064 has been assigned from Parent to NGP I, NGP II, NGP III and NGP IV.

  • Specifically, we found that contractor is:  not ensuring the data in the EPLS matches the data in the Clearinghouse database;  uploading non-qualifying cases to the EPLS; and  not ensuring the accuracy of the data entered into the Clearinghouse database.

  • Xxxxxxxxxxx $ 191,016.48 42.5000% 0.00000% 1.12435% Xxxxxx Xxxxxxx Xxxxx $ 67,417.58 15.0000% 0.00000% 0.39683% ----------------- ----------------- ------------------ -------------------- Subtotal General Partner $ 449,450.53 100.0000% 0.00000% 2.64554% ----------------- ----------------- ------------------ -------------------- NGP $ 7,218,094.32 43.64139% 42.48684% NGP II $ 4,116,382.62 24.88810% 24.22968% NGP III $ 4,619,867.38 27.93223% 27.19327% X.

  • Xxxxxxxxxxx 1.97435% 6.22435% $467,305.85 $1,172,117.19 Xxxxxx Xxxxxxx Xxxxx 0.69683% 2.19683% $164,931.48 $413,688.42 ---------------- ----------------- ---------------- ---------------- Subtotal General Partner 4.64553% 14.64553% $1,099,543.18 $2,757,922.81 ---------------- ----------------- ---------------- ---------------- NGP 41.61402% 37.24988% $9,849,556.57 $7,014,583.42 NGP II 23.73192% 21.24311% $5,617,070.33 $4,000,323.08 NGP III 26.63463% 23.84140% $6,304,107.85 $4,489,612.31 X.

  • No less than once each Fiscal Quarter, a report to Agent (i) summarizing development activity since the more recent of the Closing Date or the last such quarterly report with respect to projects owned, operated or constructed by NGP II, NGP III and NGP IV and (ii) identifying any issue in connection therewith that could reasonably be expected to have a Material Adverse Effect and setting forth Issuer Parties’ proposed resolution of such issue.

  • NGP I shall have obtained the amendment of the serial register pages of the BLM, satisfactory to Agent, to reflect the ownership of the BLM Right of Way Grant NVN-82701 by NGP II, NGP III, NGP IV and NGP I as tenants in common and each with an undivided twenty-five percent (25%) interest.

  • The Company shall pay to NGP II or its designated Affiliate an “NGP Financing Fee” in an amount equal to 1.00% of its Capital Contributions as invested in the Company (i.e., a total of $3,000,000, assuming full funding of NGP II’s Capital Commitment).


More Definitions of NGP II

NGP II means NGP Blue Mountain II LLC, a Delaware limited liability company. “NGP III” means NGP Blue Mountain III LLC, a Delaware limited liability company. “NGP IV” means NGP Blue Mountain IV LLC, a Delaware limited liability company.

Related to NGP II

  • 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.

  • GP means Gottbetter & Partners, LLP.

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

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

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

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • 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.

  • 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.

  • 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 Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

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

  • 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.

  • IDR means Interval Data Recorder.

  • 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.

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it as described in Section 5.1), the General Partner (with respect to the Incentive Distribution Rights received by it as described in Section 5.1) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

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

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • AAP means the American Academy of Pediatrics.