Examples of Genesis OLP in a sentence
This Agreement, and any rights or obligations hereunder, may not be assigned by either party hereto without written consent of the other; provided, however, that the Company may assign this Agreement to Genesis MLP, Genesis OLP, an affiliate of the Company which has succeeded to all or substantially all of the business of the Company or to a third party acquiring all or substantially all of the business, equity or assets of the Company.
In the event Executive breaches this Agreement, the Company will also have the right, in addition to any other rights it may have at law, in equity or under this Agreement to cancel, withhold and/or offset any payments due Executive hereunder against any payments otherwise due to Executive from the Company, Genesis MLP or Genesis OLP.
Executive will act in the best interest of the Company, Genesis MLP and Genesis OLP and their subsidiaries and affiliates in the performance of Executive's services and duties under this Agreement.
Genesis OLP has full power and authority to enter into each Transaction Document to which it is a party, to perform its obligations thereunder and to consummate the transactions contemplated thereby which are to be consummated by it.
The Sponsor shall have the sole right to prosecute any claims for such refunds (by suit or otherwise) at the Sponsor's expense and with counsel of the Sponsor's choice, and Genesis OLP and its Affiliates shall cooperate fully with the Sponsor in connection therewith.
From the Closing Date through December 31, 1996, each Transferor and its Affiliates shall provide the services of the Business Employees to Genesis MLP and Genesis OLP and be promptly reimbursed by Genesis MLP and Genesis OLP for such services pursuant to the term of the Transition Services Agreement.
Thereafter, Genesis MLP shall cease to be a limited partner of Genesis OLP.
Basis has delivered to Genesis OLP true, complete and correct copies of the articles of incorporation and all amendments thereto to the date hereof and the by-laws as presently in effect for Basis.
Neither any Group Member, any Limited Partner nor any other Person shall have any rights by virtue of this Agreement, the Genesis OLP Partnership Agreement or the partnership relationship established hereby or thereby in any business ventures of any Indemnitee.
The only liabilities to be assumed by Genesis OLP in connection with the transfer of Assets from any of the Transferors or their Affiliates are the Assumed Liabilities.