New GP definition
Examples of New GP in a sentence
The New Common Units and the New GP Units being issued at Closing will be, when issued in consideration for the contribution by the P66 Parties of the Contributed Interests, duly authorized, validly issued, fully paid and nonassessable (except as such nonassessability may be affected by the Delaware Revised Uniform Limited Partnership Act) and free of any preemptive or similar rights (other than those set forth in the Partnership’s limited partnership agreement).
Maynard Court New GP practice as part of Ninefields regeneration project.
At the Effective Date, the New Board of New GP shall consist of five (5) directors, which shall include the chief executive officer of New GP, two (2) directors designated by the New Equity Investors and two (2) directors designated by the Committee (or, in such manner as specifically authorized by the Committee).
If the exercise of a Common Stock Right or an Oversubscription Right would result in the issuance of a fractional share of Common Stock of New GP to the holder of an Eligible Allowed Unsecured Claim, then the number of shares of Common Stock of New GP issued to such holder will be calculated to one decimal place and rounded down to the next lower whole share.
Under this Plan, the board of directors of the New GP shall select the appropriate officers and senior management of New GP and the Reorganized Debtor.