Common use of Fractional Units Clause in Contracts

Fractional Units. Any fractional Units that would otherwise be issued pursuant to this Agreement shall be rounded to the nearest whole Unit (with any one-half Unit being rounded up).

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

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Fractional Units. Any fractional Units that would otherwise be issued pursuant to this Agreement shall be rounded down to the nearest whole Unit (with any one-half Unit being rounded up)Unit.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Magnum Hunter Resources Corp), Limited Liability Company Agreement (Magnum Hunter Resources Corp)

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Fractional Units. Any fractional Units that would otherwise be issued pursuant to this Agreement shall be rounded to the nearest whole Unit (with any one-half Unit being rounded upup to the nearest whole Unit).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Enbridge Energy Partners Lp), Operating and Construction Management Agreement (Enbridge Energy Partners Lp)

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