Common use of Establishment of Class D Units Clause in Contracts

Establishment of Class D Units. (a) The General Partner hereby designates and creates a series of Units to be designated as “Class D Units,” having the terms and conditions set forth herein. (b) The holders of the Class D Units shall have rights upon dissolution and liquidation of the Partnership, including the right to share in any liquidating distributions pursuant to Section 12.4, in accordance with Article XII.

Appears in 5 contracts

Samples: Amended and Restated Agreement of Limited Partnership, Contribution Agreement, Agreement of Limited Partnership (Williams Partners L.P.)

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Establishment of Class D Units. (a) The General Partner hereby designates and creates a series of Units Limited Partner Interests to be designated as “Class D Units,and consisting of a total of 7,750,000 Class D Units, having the terms and conditions set forth herein. (b) The holders of the Class D Units shall have rights upon dissolution and liquidation of the Partnership, including the right to share in any liquidating distributions pursuant to Section 12.4, in accordance with Article XIIXII of this Agreement.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Crestwood Midstream Partners LP)

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