LP Division definition

LP Division means the statutory division of any limited partnership into two or more limited partnerships pursuant to Section 17-220 of the Delaware Limited Partnership Act or a comparable provision of any other Law.
Sample 1Sample 2Sample 3
LP Division means the division or divisive merger of any LP into multiple entities or multiple series of the same entity pursuant to any Applicable Law, including, without limitation, pursuant to Section 17-220 of the Delaware Revised Uniform Limited Partnership Act, as amended from time to time.
Sample 1Sample 2Sample 3

Examples of LP Division in a sentence

  • COMPANY: Prior to the consummation date of the Genco LP Division, as described in Section 2.1 of the Transaction Agreement, Texas Genco, LP, a Texas limited partnership, and any successor to Texas Genco, LP; and, on and after the consummation date of the Genco LP Division, Texas Genco II, LP, a Texas limited partnership, and any successor to Texas Genco II, LP.

  • Plan Sponsor: Texas Genco, LP, 1111 Louisiana Street, Houston, Texas 77002, prior to the consummation date of the Genco LP Division; and Texas Genco II, LP, 1111 Louisiana Street, Houston, Texas 77002, on and after the consummation date of the Genco LP Division.

  • The Parties also agree that the Genco LP Division shall not constitute an Xxxxx xx Default hereunder.

  • Will add this stipulation to legislation proposal (#1 above) and submit to LP Division, Dept.

  • COMPANY: Prior to the consummation date of "Genco LP Division," as described in Section 2.1 of that certain Transaction Agreement among CenterPoint Energy, Inc., Utility Holding, LLC, NN Houston Sub, Inc., Texas Genco Holdings, Inc., HPC Merger Sub, Inc.

  • Neither Borrower, Guarantor nor any Person (a) obligated to pay all or any part of any sums that are, or may become, due under the Loan Documents, or (b) who is, or may become, obligated to perform any obligations secured by the Security Instrument, in either case, has created or adopted a Plan of Division, or filed a Certificate of Division, or has otherwise effectuated an LLC Division or LP Division of Borrower, Guarantor or such Person.

Related to LP Division

  • LLC Division means the division of a limited liability company into two or more limited liability companies, with the dividing company continuing or terminating its existence as a result, whether pursuant to the laws of any applicable jurisdiction or otherwise (including, without limitation, any “plan of division” under Section 18-217 of the Delaware Limited Liability Company Act or any similar statute or provision under applicable law or otherwise).

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • School District/Public Entity means the School District/Public Entity that executes the contract.

  • School District/Public Entity means the School District/Public Entity that executes the contract.

  • Division means the division of the assets, liabilities and/or obligations of a Person (the “Dividing Person”) among two or more Persons (whether pursuant to a “plan of division” or similar arrangement), which may or may not include the Dividing Person and pursuant to which the Dividing Person may or may not survive.

  • Subdivision Plat means the graphical representation of the subdivision of land, prepared by a licensed professional land surveyor, having a number or letter designation for each lot within the plat and a succinct name or title that is unique for the county where the land is located.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Virginia Stormwater Management Program authority or "VSMP authority" means an authority approved by the State Board after September 13, 2011, to operate a Virginia Stormwater Management Program.

  • Public fund means the state treasurer or a retirement system.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • Delaware Divided LLC means any Delaware LLC which has been formed upon the consummation of a Delaware LLC Division.

  • Resident unincorporated business entity means an unincorporated business entity having an office or place of business within the Municipality.

  • Virginia Stormwater Management Program or “VSMP” means a program approved by the State Board after September 13, 2011, that has been established by a locality to manage the quality and quantity of runoff resulting from land-disturbing activities and shall include such items as local ordinances, rules, permit requirements, annual standards and specifications, policies and guidelines, technical materials, and requirements for plan review, inspection, enforcement, where authorized in this article, and evaluation consistent with the requirements of this article and associated regulations.

  • Public utility holding company means: (1) any company that,

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Partnership has the meaning set forth in the preamble of this Agreement.

  • Regional health planning agency means the regional agency, including the regional health planning

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Strategic Partner means (i) a pharmaceutical or biotechnology company with book equity of at least U.S. $200,000,000, (ii) a pharmaceutical or biotechnology company with sales of at least U.S. $150,000,000, or (iii) a publicly traded, or division or subdivision of a publicly traded, pharmaceutical or biotechnology company with market capitalization in excess of U.S. $200,000,000.

  • LPN means licensed practical nurse.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Commercial Partners means any third party with whom a contract is lawfully concluded for the exploitation of the Commercial Rights;

  • Health planning region means a contiguous geographical area of the Commonwealth with a