Common use of Distributions from Operating Surplus During the Subordination Period Clause in Contracts

Distributions from Operating Surplus During the Subordination Period. Notwithstanding anything to the contrary in Section 6.4(a), Unitholders holding Class B Units shall receive distributions per Unit pursuant to Section 6.4(a) equal to 115% of the distribution per Unit received by Unitholders holding Common Units pursuant to Section 6.4(a); provided, that:

Appears in 8 contracts

Samples: Purchase and Sale Agreement (Williams Partners L.P.), Williams Partners L.P., Williams Partners L.P.

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Distributions from Operating Surplus During the Subordination Period. Notwithstanding anything to the contrary in Section 6.4(a6.4 (a), Unitholders holding Class B Units shall receive distributions per Unit pursuant to Section 6.4(a) equal to 115% of the distribution per Unit received by Unitholders holding Common Units pursuant to Section 6.4(a); provided, that:

Appears in 2 contracts

Samples: Williams Partners L.P., Williams Partners L.P.

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Distributions from Operating Surplus During the Subordination Period. Notwithstanding anything to the contrary in Section 6.4(a6.4 (a), Unitholders holding Class B Units shall receive distributions per Unit pursuant to Section 6.4(a) equal to 115% of the distribution per Unit received by Unitholders holding Common Units pursuant to Section 6.4(a); provided, thatthat :

Appears in 2 contracts

Samples: Dissolution and Liquidation (Williams Partners L.P.), Dissolution and Liquidation (Williams Partners L.P.)

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