GP Contribution definition

GP Contribution has the meaning set forth in Section 2.1(a).

GP Contribution has the meaning set forth in Section 2.1(a). “Group Member” means a member of the Partnership Group.

GP Contribution has the meaning assigned to such term in the recitals.

Examples of GP Contribution in a sentence

• Immediately following such GP Contribution, MLP GP LP shall and does hereby cease to be a member of each of Logistics GP, HTGP GP and Mentor Holdings and shall thereupon cease to have or exercise any right or power as a member of Logistics GP, HTGP GP or Mentor Holdings.

• Notwithstanding anything in the Limited Liability Company Agreement of OLLC, dated as of April 19, 2013 (the “OLLC Agreement”), to the contrary, pursuant to the OLLC GP Contribution, (i) the General Partner is hereby admitted to OLLC as a member of OLLC and agrees that it is bound by the OLLC Agreement, as a member of OLLC, and (ii) OLLC hereby continues without dissolution.

• The Parties hereby acknowledge that, if the Underwriters elect to exercise the Over-Allotment Option, the Partnership shall distribute that portion of the Proceeds to the General Partner that is equal in value to the amount by which the value of the GP Contribution exceeded the value of the Common Units and Subordinated Units received by the General Partner in exchange for the GP Contribution.

• For any taxable period ending after the effective time of the APL GP Contribution and Distribution Agreement, any and all cost recovery deductions available to the Partnership with respect to the tax basis of the APL GP Interests (and the underlying Partnership assets attributable thereto) shall be allocated to the holder of the Special General Partner Interest.

• Immediately after the issuance of the IPO Units, and prior to the transactions described in Section 2.2, Pioneer USA hereby grants, contributes, transfers, assigns and conveys to the General Partner, its successors and assigns, for its and their own use forever, all of Pioneer USA’s right, title and interest in and to the GP Contribution Interest, and the General Partner hereby accepts the GP Contribution Interest as an additional contribution to the capital of the General Partner.

More Definitions of GP Contribution

GP Contribution shall have the meaning given such term in Section 2.1.

GP Contribution is defined in Section 4.2.

GP Contribution has the meaning assigned to such term in Section 2.2 of this Agreement.

GP Contribution means the contribution of Units by each of Eighth Berkshire Associates and Berkshire Partners, LLC to the Berkshire Blocker prior to the Reorganization.

GP Contribution has the meaning assigned in the Contribution Agreement.

GP Contribution has the meaning set forth in Section 2.5.”

GP Contribution has the meaning assigned to such term in Section 2.2 of this Agreement. “Initial LP Interest” has the meaning assigned to such term in the Recitals of this Agreement.