Parent MLP definition

Parent MLP shall have the meaning assigned such term in the introductory paragraph.
Parent MLP means a to-be-formed master limited partnership or limited liability company that shall pursuant to the consummation of the Parent MLP IPO Transactions own directly or indirectly all of the outstanding equity interests of (i) the Borrower and its Restricted Subsidiaries and (ii) the General Partner.

Examples of Parent MLP in a sentence

  • Notwithstanding the foregoing, nothing in this Agreement shall impose any requirement on Parent, MLP or their respective Affiliates to dispose, transfer, separate or encumber any assets, businesses or operations or agree to any such disposition, transfer or separation of, or any encumbrance (behavioral or otherwise) on or any remedial action with respect to, any assets, businesses or operations, to avoid or eliminate any impediment under any Antitrust Law.

  • Cut them up carefully and sort/ classify them into the types listed on the directions.

  • The Borrower (and following the Parent MLP IPO, the Parent MLP) has no Subsidiaries that are not Guarantors except as permitted by Section 8.09 (b).

  • Although 12 countries have participated in the TPP, whether Japan joins in the agreement is vital.

  • Neither the Borrower (nor following the Parent MLP IPO, the Parent MLP) nor any of its Subsidiaries will take any action, directly or indirectly, that would result in a material violation by such Persons of the FCPA.

  • While a $0.3bn deterioration on the outcome for May it is still an improvement on the $3bn plus deficits prior to March.– Export earnings fell by a forecast 1.5% in June, following a near 5% partial rebound over the previous 3 months.

  • Neither the Borrower (nor following the Parent MLP IPO, the Parent MLP) nor any Subsidiary is an “investment company” or a company “controlled” by an “investment company,” within the meaning of the Investment Company Act of 1940, as amended.

  • The Borrower (and following the Parent MLP IPO, the Parent MLP) has no Subsidiaries other than those listed in Schedule 7.13, as supplemented from time to time by the Borrower by written notice to the Administrative Agent.

  • The section below gives a brief description of how the operational risk capital will be calculated.

  • Except for receivables obtained by the Borrower or any Restricted Subsidiary out of the ordinary course of business or the settlement of joint interest billing accounts in the ordinary course of business or discounts granted to settle collection of accounts receivable, neither the Borrower (nor following the Parent MLP IPO, the Parent MLP) nor any Restricted Subsidiary will discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

Related to Parent MLP

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Parent Affiliate means any Person that is (or at any relevant time was) under common control with Parent within the meaning of Sections 414(b), (c), (m) and (o) of the Code, and the regulations issued thereunder.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.

  • Parent Companies means Parent and its Subsidiaries;

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Merger Sub 2 shall have the meaning given in the Recitals hereto.

  • Merger Sub 1 has the meaning set forth in the Preamble.

  • Merger Sub has the meaning set forth in the Preamble.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Acquiror has the meaning specified in the Preamble hereto.

  • Merger Subs has the meaning set forth in the Preamble.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Merger Subsidiary has the meaning set forth in the preamble to this Agreement.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Merger Effective Time means “Effective Time,” as that term is defined in the Merger Agreement.