Common use of Conversion of Subordinated Units Clause in Contracts

Conversion of Subordinated Units. (a) A total of one-half of the Outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September 30, 2003, in respect of which:

Appears in 3 contracts

Samples: Alliance Resource Partners Lp, Alliance Resource Partners Lp, Alliance Resource Partners Lp

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Conversion of Subordinated Units. (a) A total of one-half 1,419,923 of the Outstanding outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September 30December 31, 2003, in respect of which:

Appears in 3 contracts

Samples: Omnibus Agreement (Magellan Midstream Partners Lp), Williams Energy Partners L P, Williams Energy Partners L P

Conversion of Subordinated Units. (a) A total of one-half 2,507,405 of the Outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September 30December 31, 20032001, in respect of which:

Appears in 2 contracts

Samples: Plains All American Pipeline Lp, Plains All American Pipeline Lp

Conversion of Subordinated Units. (a) A total of one-half 2,839,846 of the Outstanding outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September 30December 31, 2003, in respect of which:

Appears in 2 contracts

Samples: Omnibus Agreement (Magellan Midstream Holdings Lp), Omnibus Agreement (Magellan Midstream Partners Lp)

Conversion of Subordinated Units. (a) A total of one-half 10,704,936 of the Outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September June 30, 20032001, in respect of which:

Appears in 2 contracts

Samples: Article Xiv Merger (Enterprise Products Operating L P), Enterprise Products Partners L P

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Conversion of Subordinated Units. (a) A total of one-half 5,352,468 of the Outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September June 30, 20032001, in respect of which:

Appears in 1 contract

Samples: Enterprise Products Partners L P

Conversion of Subordinated Units. (a) A total of one-half of the Outstanding All Subordinated Units (determined as of the Closing Date) will shall convert into Common Units on a one-for-one basis on the first day after following the Record Date for distribution distributions in respect of any the final Quarter ending on or after September 30, 2003, in respect of which:the Subordination Period.

Appears in 1 contract

Samples: Valero L P

Conversion of Subordinated Units. (a) A total of one-half All of the Outstanding Subordinated Units (determined as of the Closing Date) will convert into Common Units on a one-for-one basis on the first day after the Record Date for distribution in respect of any Quarter ending on or after September 30December 31, 20032004, in respect of which:

Appears in 1 contract

Samples: Agreement (Atlas Pipeline Partners Lp)

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