DERs. Unpaid, vested DERs shall be paid to the Participant as follows: as soon as reasonably practical, but not later than sixty (60) days, following the date on which a Phantom Unit and related DER vests, the Participant shall be paid an amount in cash equal to the amount then credited to the DER Account maintained with respect to such Phantom Unit.
Appears in 8 contracts
Samples: Phantom Unit Agreement (Hess Midstream LP), Phantom Unit Agreement (Hess Midstream Partners LP), Phantom Unit Agreement (Empire Petroleum Partners, LP)
DERs. Unpaid, vested DERs shall be paid to the Participant as follows: as soon as reasonably practical, but not later than sixty (60) 45 days, following the date on which a Phantom Unit and related DER vests, the Participant shall be paid an amount in cash equal to the amount then credited to the DER Account maintained DERs with respect to such Phantom Unit.
Appears in 7 contracts
Samples: Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (MPLX Lp), Performance Phantom Unit Agreement (Andeavor Logistics Lp)
DERs. Unpaid, vested DERs shall be paid to the Participant as follows: as soon as reasonably practical, but not later than sixty forty-five (6045) days, following the date on which a Phantom Unit and related DER vests, the Participant shall be paid an amount in cash equal to the amount then credited to the DER Account maintained with respect to such Phantom Unit.
Appears in 5 contracts
Samples: Phantom Unit Agreement (USA Compression Partners, LP), Phantom Unit Agreement (USA Compression Partners, LP), Phantom Unit Agreement (USA Compression Partners, LP)
DERs. Unpaid, vested DERs shall be paid to the Participant as follows: as soon as reasonably practical, but not later than sixty (60) 45 days, following the date on which a Phantom Unit and related DER vests, the Participant shall be paid an amount in cash equal to the amount then credited to the DER Account maintained with respect to such Phantom Unit.
Appears in 5 contracts
Samples: Phantom Unit Agreement (Andeavor Logistics Lp), Phantom Unit Agreement (Tesoro Logistics Lp), Performance Phantom Unit Agreement (Tesoro Logistics Lp)
