Common use of Distribution Equivalents Clause in Contracts

Distribution Equivalents. On or before the ninetieth (90th) day following the date of occurrence of the Change of Control, the Participant will be paid an amount in cash equal to the value of the applicable DERs on the number of Units being paid pursuant to Section 1.6(a) hereof, for the time period immediately preceding the Change of Control.

Appears in 2 contracts

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp), Restricted Unit Agreement (Sunoco Logistics Partners Lp)

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Distribution Equivalents. On or before the earlier of the ninetieth (90th) day following the date of occurrence of such Change in Control or the day that is two and one-half (2-1/2) months following the end of the calendar year in which occurs the date of such Change of in Control, the Participant will be paid an amount in cash equal to the value of the applicable DERs on the number of Units being paid pursuant to this Section 1.6(a1.5(a) hereof, for the time period immediately preceding the Change of in Control.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

Distribution Equivalents. On or before the earlier of the ninetieth (90th) day following the date of occurrence of such Change in Control or the day that is two and one-half (2- 1/2) months following the end of the calendar year in which occurs the date of such Change of in Control, the Participant will be paid an amount in cash equal to the value of the applicable DERs on the number of Units being paid pursuant to this Section 1.6(a1.5(a) hereof, for the time period immediately preceding the Change of in Control.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

Distribution Equivalents. On or before the earlier of the ninetieth (90th) day following the date of occurrence of such Change in Control or the day that is two and one-half (2-1/2) months following the end of the calendar year in which occurs the date of such Change of in Control, the Participant will be paid an amount in cash equal to the value of the applicable DERs on the number of Units being paid pursuant to Section 1.6(a) hereof, for the time period immediately preceding the Change of in Control.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

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Distribution Equivalents. On or before the earlier of the ninetieth (90th) day following the date of occurrence of such Change in Control or the day that is two and one-half (2- 1/2) months following the end of the calendar year in which occurs the date of such Change of in Control, the Participant will be paid an amount in cash equal to the value of the applicable DERs on the number of Units being paid pursuant to Section 1.6(a) hereof, for the time period immediately preceding the Change of in Control.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

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