Common use of CONVERSION NOTICE Clause in Contracts

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and the number of Series A Preferred Units to be converted. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 10 contracts

Samples: Agreement of Limited Partnership (MPLX Lp), Agreement of Limited Partnership (MPLX Lp), Limited Partnership Agreement (MPLX Lp)

AutoNDA by SimpleDocs

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.11(c)(vii)(A), a the Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units and shall state or include therein with respect to Series A Preferred Units to be converted pursuant to Section 5.14(b)(vi)(A5.11(c)(vii)(A) and the following: (a) the number of Series A Preferred Units to be converted, and (b) if a Certificate has been issued for such Series A Preferred Units, the Certificate(s) evidencing the Series A Preferred Units to be converted and duly endorsed. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.11(c)(vii)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of such Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted5.11(c)(vii)(B). The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 7 contracts

Samples: Limited Partnership Agreement (KNOT Offshore Partners LP), Exchange Agreement (KNOT Offshore Partners LP), Limited Partnership Agreement (KNOT Offshore Partners LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.11(b)(v)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.11(b)(v)(A), the number of Series A Preferred Units to be convertedconverted and the Person to whom the applicable Series A Conversion Units should be issued. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.11(b)(v)(B), the Partnership shall give written notice (a “Series A Forced Mandatory Conversion Notice,” and the date such notice is receivedsent by the Partnership, a “Series A Forced Mandatory Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(B5.11(b)(v)(B) and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Equitrans Midstream Corp), Agreement of Limited Partnership (EQM Midstream Partners, LP), Convertible Preferred Unit Purchase Agreement (EQM Midstream Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.12(b)(viii)(A), a the Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership in the form of Exhibit C attached hereto stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant and shall state therein with respect to Section 5.14(b)(vi)(A) and the number of Series A Preferred Units to be converted. (2) To convert Series A Preferred Units into Common Units converted pursuant to Section 5.14(b)(vi)(B), 5.12(b)(viii)(A) the Partnership shall give written notice following: (a “Series A Forced Conversion Notice,” and a) the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder number of Series A A-1 Convertible Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A-2 Convertible Preferred Units to be converted, (b) the Certificate(s) evidencing the Series A Preferred Units to be so converted. The converted and duly endorsed, (c) the name or names in which such Series A Unitholder wishes the Certificate or Certificates for Series A Conversion Units shall to be issued in the name of the Record Holder of issued, and (d) such Series A Preferred UnitsUnitholder’s computation of the number of Series A Conversion Units to be received by such Series A Unitholder (or designated recipient(s)) upon the Series A Conversion Date. The date any Series A Conversion Notice is received by the Partnership shall be hereinafter be referred to as a “Series A Conversion Notice Date.

Appears in 4 contracts

Samples: Contribution Agreement (American Midstream Partners, LP), Contribution Agreement (Southcross Energy Partners, L.P.), Contribution Agreement (American Midstream Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.12(b)(v)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.12(b)(v)(A), the number of Series A Preferred Units to be converted. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.12(b)(v)(B), the Partnership shall give written notice (a “Series A Mandatory Conversion Notice,” and the date such notice is sent by the Partnership, a “Series A Mandatory Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to so convert Series A Preferred Units pursuant to Section 5.12(b)(v)(B), that the conditions for electing conversion have been satisfied and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Kimbell Royalty Partners, LP), Limited Partnership Agreement (Kimbell Royalty Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.10(b)(v)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.10(b)(v)(A), the number of Series A Preferred Units to be convertedconverted and the Person to whom the applicable Series A Conversion Units should be issued. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.10(b)(v)(B), the Partnership shall give written notice (a “Series A Forced Mandatory Conversion Notice,” and the date such notice is receivedsent by the Partnership, a “Series A Forced Mandatory Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(B5.10(b)(v)(B) and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Shell Midstream Partners, L.P.), Partnership Interests Restructuring Agreement (Shell Midstream Partners, L.P.)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.13(b)(vi)(A), a the Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units and shall state or include therein with respect to Series A Preferred Units to be converted pursuant to Section 5.14(b)(vi)(A5.13(b)(vi)(A) and the following: (a) the number of Series A Preferred Units to be converted, and (b) if a Certificate has been issued for such Series A Preferred Units, the Certificate(s) evidencing the Series A Preferred Units to be converted and duly endorsed. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.13(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of such Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted5.13(b)(vi)(B). The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Western Gas Partners LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.11(b)(vi)(A), a Series A Converting Unitholder shall give written notice (a "Series A Conversion Notice," and the date such notice is received, a "Series A Conversion Notice Date") to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.11(b)(vi)(A), the number of Series A Preferred Units to be convertedconverted and the Person to whom such Common Units should be issued. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B), the Partnership shall give written notice (a "Series A Forced Conversion Notice," and the date such notice is received, a "Series A Forced Conversion Notice Date") to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Dominion Midstream Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.11(b)(vi)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A DOMINION ENERGY MIDSTREAM PARTNERS, LP FOURTH AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.11(b)(vi)(A), the number of Series A Preferred Units to be convertedconverted and the Person to whom such Common Units should be issued. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Dominion Energy Midstream Partners, LP)

AutoNDA by SimpleDocs

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.11(b)(vi)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.11(b)(vi)(A), the number of Series A Preferred Units to be convertedconverted and the Person to whom such Common Units should be issued. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.. DOMINION MIDSTREAM PARTNERS, LP SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (Dominion Midstream Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.12(b)(v)(A), a Series A Converting Unitholder shall give written notice (a "Series A Conversion Notice," and the date such notice is received, a "Series A Conversion Notice Date") to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.12(b)(v)(A), the number of Series A Preferred Units to be converted. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.12(b)(v)(B), the Partnership shall give written notice (a "Series A Mandatory Conversion Notice," and the date such notice is sent by the Partnership, a "Series A Mandatory Conversion Notice Date") to each Record Holder of Series A Preferred Units stating that the Partnership elects to so convert Series A Preferred Units pursuant to Section 5.12(b)(v)(B), that the conditions for electing conversion have been satisfied and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Recapitalization Agreement (Kimbell Royalty Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.11(b)(vi)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and 5.11(b)(vi)(A), the number of Series A Preferred Units to be convertedconverted and the Person to whom such Common Units should be issued. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced DOMINION MIDSTREAM PARTNERS, LP SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B5.11(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Purchase Agreement (Dominion Midstream Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A‎Section 5.11(b)(v)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and ‎Section 5.11(b)(v)(A), the number of Series A Preferred Units to be converted. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units. (2) To convert Series A Preferred Units into Common Units pursuant to ‎Section 5.11(b)(v)(B), the Partnership shall give written notice (a “Series A Mandatory Conversion Notice,” and the date such notice is sent by the Partnership, a “Series A Mandatory Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to so convert Series A Preferred Units pursuant to ‎Section 5.11(b)(v)(B), that the conditions for electing conversion have been satisfied and the number of Series A Preferred Units to be so converted. The applicable Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Kimbell Royalty Partners, LP)

CONVERSION NOTICE. (1) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(A5.14(b) (vi)(A), a Series A Converting Unitholder shall give written notice (a “Series A Conversion Notice,” and the date such notice is received, a “Series A Conversion Notice Date”) to the Partnership stating that such Series A Preferred Unitholder elects to so convert Series A Preferred Units pursuant to Section 5.14(b)(vi)(A) and the number of Series A Preferred Units to be converted. (2) To convert Series A Preferred Units into Common Units pursuant to Section 5.14(b)(vi)(B5.14(b) (vi)(B), the Partnership shall give written notice (a “Series A Forced Conversion Notice,” and the date such notice is received, a “Series A Forced Conversion Notice Date”) to each Record Holder of Series A Preferred Units stating that the Partnership elects to force conversion of Series A Preferred Units pursuant to Section 5.14(b)(vi)(B) and the number of Series A Preferred Units to be so converted. The Series A Conversion Units shall be issued in the name of the Record Holder of such Series A Preferred Units.

Appears in 1 contract

Samples: Limited Partnership Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!