NGP II definition

NGP II. NGP III" and "NGP V" have the meanings set forth in the introductory paragraph of this Agreement.
NGP II means NGP Blue Mountain II LLC, a Delaware limited liability company. “NGP III” means NGP Blue Mountain III LLC, a Delaware limited liability company. “NGP IV” means NGP Blue Mountain IV LLC, a Delaware limited liability company.

Examples of NGP II in a sentence

  • Upon the reduction of Pioneer's percentage ownership below 14.03%, as described in the preceding sentence, the provisions of this Section 1 shall also terminate as to all other Owners, NGP II and NGP III.

  • 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.

  • 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.

  • The term “Acquiring Person” wherever referred to in the Rights Agreement or in any Exhibit thereto shall be deemed not to include NGP V or any of its Affiliates or Associates (including, without limitation, NGP II and NGP III) except as provided in this Amendment.

  • All calls for funding of NGP II’s Remaining Commitment shall be issued to NGP II in writing by the Board not less than 30 business days before the date funding is due to the Company.

  • 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.

  • 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.

  • All fees and expenses payable to NGP shall be allocated pro rata among NGP I, NGP II and NGP III based on their relative ownership of common stock of the Company, provided that in the discretion of the Company, the Company may make one payment of the fees and expenses then owing to NGP, and NGP shall have the responsibility to allocate such payment accordingly.

  • 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).


More Definitions of NGP II

NGP II and collectively with NGP I, "NGP"), Joint Energy Development Investments Limited Partnership ("JEDI") and First Union Corporation ("First Union") (the Management Owner, NGP, JEDI and First Union are sometimes collectively referred to herein as the "Owners" and individually as a "Owner"), amends and restates in its entirety that certain Voting and Shareholders Agreement dated March 31, 1995 between Management Owner and NGP (the "Original Agreement").

Related to NGP II

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • GP means Gottbetter & Partners, LLP.

  • GP Interest means: (i) with respect to any limited partnership, a unit of general partnership interest in such partnership; and (ii) with respect to a McNeil Partnership, the units of general partnership interest held by the general partner of such McNeil Partnership and all of the rights in respect thereof, including not only the general partner's proportionate interest of the profits and losses of that McNeil Partnership based on the general partner's capital contribution but also the rights and other assets (if any) corresponding to such McNeil Partnership which are being contributed to the applicable New GP LLC at the direction of the Company in accordance with Article II hereof.

  • CRR II means Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements, and Regulation (EU) No 648/2012.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Class I renewable energy means electric energy produced from

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • IDRs means the rights to the incremental ability, resulting from the addition of Merchant Transmission Facilities, to inject energy and capacity at a point on the Transmission System, such that the injection satisfies the deliverability requirements of a Capacity Resource. Incremental Deliverability Rights may be obtained by a generator or a Generation Interconnection Customer, pursuant to an IDR Transfer Agreement, to satisfy, in part, the deliverability requirements necessary to obtain Capacity Interconnection Rights.

  • IDR means Interval Data Recorder.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Public-private partnership agreement means an agreement

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

  • Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it pursuant to Section 5.2), the General Partner (with respect to the Incentive Distribution Rights) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.