Examples of OpCo Interests in a sentence
The OpCo Interests have been duly authorized, validly issued, fully paid and are non-assessable and are not subject to preemptive rights, and are held by SPAC free and clear of all Liens, other than transfer restrictions under applicable securities Laws and OpCo’s Organizational Documents.
The OpCo Interests have been duly authorized, validly issued, fully paid and are non-assessable and are not subject to preemptive rights, and are held by SPAC free and clear of all Liens, other than restrictions under applicable securities Laws and OpCo’s Organizational Documents.
In consideration for the Petro 1 Contribution, OpCo shall (i) issue OpCo Interests to Petrochemicals in accordance with Section 2.6, (ii) assume notes associated with the property contributed and (iii) distribute $____ to Petrochemicals, which, to the maximum extent possible, shall be treated as reimbursement of preformation capital expenditures within the meaning of Treasury Regulation Section 1.707-4(d).
Summit MLP is acquiring the OpCo Interests for its own account as an investment without the present intent to sell, transfer or otherwise distribute the same to any other Person (other than Summit Midstream) in violation of any state or federal securities Laws.
Summit MLP acknowledges that the OpCo Interests are not registered pursuant to the Securities Act of 1933, as amended (the “1933 Act”), and that none of the OpCo Interests may be transferred, except pursuant to an effective registration statement or an applicable exemption from registration under the 1933 Act.
Except as set forth on Schedule 4.4(d)(iii), the JV OpCo Interests, the JV HoldCo Interests, the Newco Interests and the Company Interests have been duly authorized and validly issued in compliance with all applicable Laws and Organizational Documents and are fully paid, nonassessable (to the extent such concepts are applicable) and are free, and were not issued in violation, of preemptive rights.
In consideration for the Asset Contributions and the Merger, OpCo shall issue to each of the Contributors and Longview, the number of OpCo Interests set forth opposite such entity’s name on Exhibit 2.6 hereto, free and clear of any liens or any restrictions on the right to vote, sell, transfer or otherwise dispose of such OpCo Interests, other than restrictions contained in the Amended and Restated Partnership Agreement and as set forth under applicable law.
A The Company may vary shift schedules, starting times and quitting times for different areas or operations of the terminal or for individual employees.
The tax credit certificate shall contain the qualified investor’s name, address, tax identification number, the amount of the credit, the name of the qualifying investor, any other information required by the department of revenue, and a place for the name and tax identification number of a transferee and the amount of the tax credit being transferred.ITEM 15.
On the Effective Date, the Existing OpCo Interests shall remain outstanding and shall be held by Reorganized HoldCo.