Common use of Conversion of Subordinated Units to Common Units Clause in Contracts

Conversion of Subordinated Units to Common Units. (a) The Subordinated Units shall convert into Common Units on a one-for-one basis upon the expiration of the Subordination Period.

Appears in 5 contracts

Samples: Agreement (GasLog Partners LP), GasLog Partners LP, Hoegh LNG Partners LP

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Conversion of Subordinated Units to Common Units. (a) The At the expiration of the Subordination Period, all Subordinated Units shall automatically convert into to Common Units on a one-for-one basis upon the expiration of the Subordination Periodbasis.

Appears in 3 contracts

Samples: Trust Agreement (SandRidge Mississippian Trust II), Trust Agreement (SandRidge Mississippian Trust II), Trust Agreement (SandRidge Mississippian Trust II)

Conversion of Subordinated Units to Common Units. (a) The All of the Subordinated Units shall convert into Common Units on a one-for-one basis upon the expiration of the Subordination Period.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Transocean Partners LLC)

Conversion of Subordinated Units to Common Units. (a) The Subordinated Units shall convert into Common Units on a one-for-one basis upon the expiration of the Subordination Period.

Appears in 1 contract

Samples: VTTI Energy Partners LP

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Conversion of Subordinated Units to Common Units. (a) The Subordinated Units shall convert into Common Units on a one-one- for-one basis upon the expiration of the Subordination Period.

Appears in 1 contract

Samples: Agreement

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