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.
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.
The New Board of New GP at the Effective Date shall be provided for in the Confirmation Order, such appointment shall be deemed ratified by the initial holders of the equity securities of New GP and by all Persons receiving equity securities of New GP in connection with this Plan, and the board of directors shall be authorized to take such actions as may be necessary to consummate this Plan, but shall not act in contravention of the terms of this Plan.
The subsequent tenure and manner of selection of directors shall be as provided in the charter and bylaws of New GP and the Investment Agreement.