Examples of SEP GP LLC in a sentence
SEP GP LLC and SET formed SEP GP LP, under the terms of the Delaware LP Act, to which SEP GP LLC contributed $10.00 and SET contributed $990.00 in exchange for a 1.00% general partner interest and 99.00% limited partner interest, respectively.
There is no investment banker, broker, finder or other intermediary that has been retained by or is authorized to act on behalf of SE Corp or any of its Affiliates (including SEP GP LLC, SEP GP LP and the New Members) who is entitled to any fee or commission from SE Corp or any of its Affiliates (including SEP GP LP and the New Members) in connection with the Transactions for which SEP or any of its Affiliates would be liable.
SEP GP LLC has all requisite limited liability company power and authority to execute and deliver the Transaction Documents to which it is a party, to perform its obligations thereunder and to consummate the Transactions.
The execution and delivery of this Agreement and the other Transaction Documents, the performance of SE Corp’s, SEP GP LLC’s, SEP GP LP’s and each of the New Members’ respective obligations hereunder and thereunder and the consummation of the Transactions have been duly authorized by all necessary action under the respective Organizational Documents of SE Corp, SEP GP LLC, SEP GP LP and such New Member.
SE Corp shall have received a certificate, signed by a duly authorized officer of the SEP GP LLC on behalf of SEP, and dated as of the Closing Date, to the effect that the conditions set forth in Section 6.1(a) and Section 6.1(b) have been satisfied.
SET formed SEP GP LLC, under the terms of the Delaware Limited Liability Company Act (the “Delaware LLC Act”) and contributed $1,000 in exchange for all of the member interests in SEP GP LLC.