Examples of HTGP Opco in a sentence
HIP LP hereby transfers a (a) [ ]% limited partner interest in HTGP Opco to HTGP GP, which limited partner interest is hereby re-designated as a general partner interest in HTGP Opco, and (b) [ ]% limited partner interest in Logistics Opco to Logistics GP, which limited partner interest is hereby re-designated as a general partner interest in Logistics Opco.
Processing and StorageOur processing and storage business consists of (i) a 20% controlling economic interest in Hess TGP Operations LP (HTGP Opco), which owns the Tioga Gas Plant and a 50% interest in the LM4 gas processing plant to be operated by Targa when completed, and (ii) a 100% interest in Hess Mentor Storage Holdings LLC (Mentor Holdings), which owns the Mentor Storage Terminal.
HIP LP hereby covenants that it shall pay all of the costs necessary to complete (a) each of the Uncompleted Projects of HTGP Opco, Gathering Opco and Logistics Opco set forth on Exhibit A in accordance with the applicable provisions of the HTGP Opco Partnership Agreement, Gathering Opco Partnership Agreement or Logistics Opco Partnership Agreement, as applicable, and (b) each of the Uncompleted Projects of Mentor LLC set forth on Exhibit A.
Following the contributions set forth in this Section 2.11, the HTGP Percentage Equity Interest of HIP LP and HTGP GP shall be as set forth on Exhibit A of the HTGP Opco Partnership Agreement.
HIP LP hereby transfers a (a) 19% limited partner interest in HTGP Opco to HTGP GP, which limited partner interest is hereby re-designated as a general partner interest in HTGP Opco, and (b) 19% limited partner interest in Logistics Opco to Logistics GP, which limited partner interest is hereby re-designated as a general partner interest in Logistics Opco.
We own a 20% economic interest in HTGP Opco, which owns the Tioga Gas Plant.
Our 50% interest in LM4 is held through HTGP Opco, in which we own a 20% controlling economic interest and Hess Infrastructure Partners owns the remaining 80% economic interest.
HTGP GP hereby contributes to HTGP Opco, as a capital contribution, an amount in cash equal to $[ ] million in exchange for an additional [ ]% general partner interest in HTGP Opco, and HTGP Opco hereby accepts such capital contribution.
For sharks this may also involve the females migrating to these areas to give birth.
After taking into account the distribution made by HTGP Opco in satisfaction of the TPG Reimbursement Obligation and HTGP GP’s satisfaction of its TGP Contribution Obligation, the HTGP Percentage Equity Interest of HTGP Xxxxx and HTGP GP shall be as set forth on Exhibit A of the HTGP Opco Partnership Agreement.