Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B Units into Common Units as provided in Section 5.11(f), the terms of such Class B Units will be changed so that each Class B Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h)) into one Common Unit and immediately thereafter, none of the Class B Units shall be Outstanding.”
Appears in 11 contracts
Samples: Dissolution and Liquidation (Williams Partners L.P.), Dissolution and Liquidation (Williams Partners L.P.), Purchase and Sale Agreement (Williams Partners L.P.)
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B C Units into Common Units as provided in Section 5.11(f5.12(f), the terms of such Class B C Units will be changed so that each Class B C Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.12(h)) into one Common Unit and and, immediately thereafter, none of the Class B C Units shall be Outstanding.”
Appears in 4 contracts
Samples: Energy Transfer LP, www.sec.gov, ir.energytransfer.com
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B Units into Common Units as provided in Section 5.11(f5.10(d), the terms of such Class B Units will be changed so that each Class B Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.10(f)) into one Common Unit and (subject to appropriate adjustment in the event of any split-up, combination or similar event affecting the Units that occurs prior to the conversion of the Class B Units) and, immediately thereafter, none of the Class B Units shall be Outstanding.”
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC), Linn Energy, LLC
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B Units into Common Units as provided in Section 5.11(f5.12(f), the terms of such Class B Units will be changed so that each Class B Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.12(h)) into one Common Unit and (subject to appropriate adjustment in the event of any split-up, combination or similar event affecting the Common Units that occurs prior to the conversion of the Class B Units) and, immediately thereafter, none of the Class B Units shall be Outstanding.”
Appears in 2 contracts
Samples: Contribution Agreement (Natural Resource Partners Lp), Natural Resource Partners Lp
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B D Units into Common Units as provided in Section 5.11(f5.10(d), the terms of such Class B D Units will be changed so that each Class B D Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.10(f)) into one Common Unit and (subject to appropriate adjustment in the event of any split-up, combination or similar event affecting the Units that occurs prior to the conversion of the Class D Units) and, immediately thereafter, none of the Class B D Units shall be Outstanding.”
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Linn Energy, LLC), Class D Unit and Unit Purchase Agreement (Linn Energy, LLC)
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B Common Units into Common Units as provided in Section 5.11(f5.12(e), the terms of such Class B Common Units will be changed so that each Class B Common Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.12(g)) into one Common Unit and immediately thereafter, none of the Class B Common Units shall be Outstanding.”
Appears in 2 contracts
Samples: Penn Virginia Resource Partners L P, Penn Virginia Resource Partners L P
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B C Units into Common Units as provided in Section 5.11(f5.10(d), the terms of such Class B C Units will be changed so that each Class B C Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.10(f)) into one Common Unit and (subject to appropriate adjustment in the event of any split-up, combination or similar event affecting the Units that occurs prior to the conversion of the Class C Units) and, immediately thereafter, none of the Class B C Units shall be Outstanding.”
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Linn Energy, LLC)
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B Units into Common Units as provided in Section 5.11(f5.12(e), the terms of such Class B Units will be changed so that each Class B Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.12(g)) into one Common Unit and immediately thereafter, none of the Class B Units shall be Outstanding.”
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B C Units into Common Units as provided in Section 5.11(f5.14(g), the terms of such Class B C Units will be changed so that each Class B C Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.14(g)) on February 1, 2009 into one Common Unit and and, immediately thereafter, none of the Class B C Units shall be Outstanding; provided, however, that such converted Class C Units will remain subject to Sections 5.5(c)(iii), 6.1(d)(x) and 6.4.”
Appears in 1 contract
Samples: Enterprise GP Holdings L.P.
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B Units into Common Units as provided in Section 5.11(f), the terms of such Class B Units will be changed so that each Class B Unit is converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h)) into one Common Unit and immediately thereafter, none of the Class B Units shall be Outstanding.”
Appears in 1 contract
Samples: Global Partners Lp
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to trading or the staff interpretations of such rules are changed or (ii) facts or circumstances arise so that no vote or consent of Unitholders is required as a condition to the listing or admission to trading of the Common Units that would be issued upon any conversion of any Class B E Units into Common Units as provided in Section 5.11(f5.14(d), the terms of such Class B E Units will be changed so that each Class B E Unit is automatically converted (without further action or any vote of any Unitholders other than compliance with Section 5.11(h5.14(f)) into one Common Unit on the date on which the Company pays distributions attributable to the third quarter ending September 30, 2008 and immediately thereafterafter the conversion of each Class E Unit into one Common Unit, none of the Class B E Units shall be Outstanding.”
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
Change in Rules of National Securities Exchange. If at any time (i) the rules of the National Securities Exchange on which the Common Units are listed or admitted to for trading or the staff interpretations of such rules are changed amended or (ii) facts or circumstances arise modified so that no vote or consent of Unitholders is required as a condition to the listing or admission to for trading of the Common Units that would be issued upon any conversion of any Class B Units into Common Units as provided in Section 5.11(f5.13(b)(ii), then on the effective date of such amendment or modification, the terms of such Class B Units will be changed so that each Class B Unit is automatically converted (without further action other than compliance with Section 5.13(b)(iv) or any vote of any Unitholders other than compliance with Section 5.11(h)Unitholders) into one Common Unit Unit, and immediately thereafterupon such conversion, none of the no Class B Units shall be Outstanding.”
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)