Common use of Conversion of Subordinated Units Clause in Contracts

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

Appears in 53 contracts

Samples: Partnership Agreement (CONSOL Coal Resources LP), Partnership Agreement (CNX Coal Resources LP), Agreement

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Conversion of Subordinated Units. (a) All of the Subordinated Units shall automatically convert into Common Units on a one-for-one basis on the expiration or termination of the Subordination Period.

Appears in 4 contracts

Samples: Contribution Agreement (American Midstream Partners, LP), Contribution Agreement (American Midstream Partners, LP), Rose Rock Midstream, L.P.

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis (subject to appropriate adjustments in the event of any split, combination, recapitalization or other similar event involving the Common Units) on the expiration of the Subordination Period.

Appears in 2 contracts

Samples: American Energy Capital Partners - Energy Recovery Program, Lp, American Energy Capital Partners, LP

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

Appears in 1 contract

Samples: Midcoast Energy Partners, L.P.

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

Appears in 1 contract

Samples: EQM Midstream Partners, LP

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

Appears in 1 contract

Samples: Armada Enterprises Lp

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

Appears in 1 contract

Samples: Agreement

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