Examples of SEP GP LLC in a sentence
I will adopt the Complaint’s shorthand and simply refer to SEP GP and SEP GP LLC together as “SEP GP” for clarity.
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.
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.
SEP GP LLC is the record and beneficial owner of, and has good and valid title to, all of the general partner interests in SEP GP LP, free and clear of all Encumbrances (other than those arising pursuant to this Agreement, the Organizational Documents of SEP GP LP or applicable securities Laws).
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.
SET hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to SEP GP LLC, its successors and assigns, for its and their own use forever, all right, title and interest in and to all of its member interest in GP MHP, as a capital contribution, and SEP GP LLC hereby accepts such member interest in GP MHP as a contribution to the capital of SEP GP LLC.
Upon the transfer of control of Trust Assets in accordance with this paragraph, the Diocese, the other Protected Parties and the Settling Insurers will have no further interest in or with respect to the Trust Assets except as otherwise explicitly provided in the Plan.
SEP GP LP hereby distributes $292,042 to SEP GP LLC to reimburse it for certain capital expenditures, and SEP GP LLC, in turn, will distribute the funds to SET.
SEP GP LLC hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to SEP GP LP, its successors and assigns, for its and their own use forever, all right, title and interest in and to all of its member interest in GP MHP, as a capital contribution, in exchange for the right to receive $292,042 to reimburse SEP GP LLC for certain capital expenditures, and SEP GP LP hereby accepts such member interest in GP MHP as a contribution to the capital of SEP GP LP.
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.