Examples of GP Holdco in a sentence
If El Paso GP Holdco (or its Transferee admitted as a Substituted Member pursuant to Section 9.02) shall Dispose of its Membership Interest under Section 9.05(a) or (b), it shall represent and warrant to the Transferee (i) as to its ownership of such Membership Interests to be Disposed of, (ii) that such Membership Interests are to be Disposed of free and clear of any Encumbrance and (iii) as to its power and authority to effect such Disposition.
El Paso GP Holdco transferred such 9.9% membership interest to DFI GP Holdings L.P. (formerly, Enterprise GP Holdings L.P.), a Delaware limited partnership (“DFI Holdco”) on January 14, 2005.
Enterprise Parent 1 and Enterprise Parent 2 have previously been admitted as Members of the Company, and El Paso GP Holdco is hereby admitted as a Member of the Company effective as of the Effective Date.
If at any time El Paso GP Holdco or any of its Transferees admitted as Substituted Members pursuant to Section 9.02 proposes to Dispose of its Membership Interest to anyone other than a Permitted Transferee, it shall promptly give notice thereof (“Disposition Notice”) to the other Members.
El Paso GP Holdco acquired a 9.9% membership interest in the Company as of the Effective Date.
If El Paso GP Holdco or any subsequent Holder transfers such Membership Interests (which transfer may only be made in compliance with applicable provisions of the Enterprise GP LLC Agreement), the Exchange Right shall be transferred to such transferee who shall then constitute the Holder hereunder.
El Paso GP Holdco acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the Exchange Units, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Exchange Units.
El Paso GP Holdco represents and warrants to Enterprise MLP and Enterprise GP that in acquiring Exchange Units, El Paso GP Holdco is not offering or selling, and shall not offer or sell any Exchange Units, for Enterprise MLP in connection with any distribution of any of the Exchange Units, and El Paso GP Holdco does not have a participation and shall not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws.
Although we use a high quality finish, the performance of said finish is a direct reflection of maintenance and therefore, is not under our control.
Each of El Paso GP Holdco and El Paso Parent is duly qualified to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties requires it to so qualify, except where, individually or in the aggregate, the failure to be so qualified could not reasonably be expected to have a material adverse effect on the ability of El Paso Parent or El Paso GP Holdco to close the transactions contemplated under this Agreement.