Conversion of Subordinated Units; Cancellation. (a) All of the Subordinated Units will convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.4(a) in respect of the earlier of any Quarter in respect of which:
Appears in 4 contracts
Samples: Fourth (Cheniere Energy Partners, L.P.), Unit Purchase Agreement (Cheniere Energy Partners, L.P.), Cheniere Energy Partners, L.P.
Conversion of Subordinated Units; Cancellation. (a) All of the Subordinated Units will convert into Common Units on a one-for-for- one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.4(a) in respect of the earlier of any Quarter in respect of which:
Appears in 1 contract
Samples: Agreement
