Examples of OTB GP in a sentence
OTB hereby grants, bargains, conveys, assigns, transfers, sets over and delivers to OTB Holdco and OTB GP and their respective successors and assigns, for their use forever, pro rata in accordance with their respective equity interests in OTB, the Finance Deposit.
OTB LLC hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to OTB GP, its successors and assigns, for its and their own use forever, all right, title and interest in and to its entire general partner interest in OTB, as a capital contribution, and OTB GP hereby accepts such general partner interest in OTB as a contribution to the capital of OTB GP.
OTB GP hereby grants, bargains, conveys, assigns, transfers, sets over and delivers to OTB Holdco and its successors and assigns, for its use forever, the portion of the Finance Deposit it received as a distribution from OTB pursuant to Section 2.7. OTB Holdco hereby accepts such cash and accounts receivable as a distribution.
OTB LLC hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to OTB Holdco, its successors and assigns, for its and their own use forever, all right, title and interest in and to its entire membership interest in OTB GP, as a capital contribution, and OTB Holdco hereby accepts such membership interest in OTB GP as a contribution to the capital of OTB Holdco in exchange for a 1% membership interest in OTB Holdco.
Each of OTB Holdco and OTB GP hereby accept such cash and accounts receivable received by such party as a distribution.
Xxxxx Title: President and Chief Executive Officer OILTANKING BEAUMONT PARTNERS, L.P., as Borrower By: OTB GP, LLC, its general partner By: /s/ Xxxxxxx X.
Xxxxx Title: President and Chief Executive Officer OILTANKING BEAUMONT PARTNERS, L.P., as Borrower By: OTB GP, LLC, its general partner By: Name: Xxxxxxx X.