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
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
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