Examples of NGP II in a sentence
NGP II shall be designated the tax matters member under Section 6231 of the Internal Revenue Code (in such capacity, the “Tax Matters Member”).
Issuer shall not, and shall not cause or permit any Issuer Party to, directly or indirectly, enter into any transaction or series of related transactions with any Affiliate to undertake or permit any development activity in respect of projects to be constructed or operated by NGP II, NGP III, NGP IV or otherwise.
The NGP Financing Fee shall be payable upon each date of NGP II’s funding of a Capital Contribution to the Company in an amount equal to 1.00% of the aggregate amount funded to the Company by NGP II on such date and at NGP II’s option such fee may be deducted from the amount so funded.
Agent shall have received evidence satisfactory to Agent that the BLM Right of Way Grant NVN-81064 has been assigned from Parent to NGP I, NGP II, NGP III and NGP IV.
Specifically, we found that contractor is: not ensuring the data in the EPLS matches the data in the Clearinghouse database; uploading non-qualifying cases to the EPLS; and not ensuring the accuracy of the data entered into the Clearinghouse database.
Xxxxxxxxxxx $ 191,016.48 42.5000% 0.00000% 1.12435% Xxxxxx Xxxxxxx Xxxxx $ 67,417.58 15.0000% 0.00000% 0.39683% ----------------- ----------------- ------------------ -------------------- Subtotal General Partner $ 449,450.53 100.0000% 0.00000% 2.64554% ----------------- ----------------- ------------------ -------------------- NGP $ 7,218,094.32 43.64139% 42.48684% NGP II $ 4,116,382.62 24.88810% 24.22968% NGP III $ 4,619,867.38 27.93223% 27.19327% X.
Xxxxxxxxxxx 1.97435% 6.22435% $467,305.85 $1,172,117.19 Xxxxxx Xxxxxxx Xxxxx 0.69683% 2.19683% $164,931.48 $413,688.42 ---------------- ----------------- ---------------- ---------------- Subtotal General Partner 4.64553% 14.64553% $1,099,543.18 $2,757,922.81 ---------------- ----------------- ---------------- ---------------- NGP 41.61402% 37.24988% $9,849,556.57 $7,014,583.42 NGP II 23.73192% 21.24311% $5,617,070.33 $4,000,323.08 NGP III 26.63463% 23.84140% $6,304,107.85 $4,489,612.31 X.
No less than once each Fiscal Quarter, a report to Agent (i) summarizing development activity since the more recent of the Closing Date or the last such quarterly report with respect to projects owned, operated or constructed by NGP II, NGP III and NGP IV and (ii) identifying any issue in connection therewith that could reasonably be expected to have a Material Adverse Effect and setting forth Issuer Parties’ proposed resolution of such issue.
NGP I shall have obtained the amendment of the serial register pages of the BLM, satisfactory to Agent, to reflect the ownership of the BLM Right of Way Grant NVN-82701 by NGP II, NGP III, NGP IV and NGP I as tenants in common and each with an undivided twenty-five percent (25%) interest.
The Company shall pay to NGP II or its designated Affiliate an “NGP Financing Fee” in an amount equal to 1.00% of its Capital Contributions as invested in the Company (i.e., a total of $3,000,000, assuming full funding of NGP II’s Capital Commitment).