Initial Capital Account. The initial capital account with respect to each Class M Unit will be equal to the purchase price as set forth in the Contribution and Assumption Agreement, divided by the number of Class M Units issued to ETP Holdco.
Appears in 4 contracts
Samples: Partnership Agreement, Partnership Agreement (Energy Transfer Operating, L.P.), Partnership Agreement (Energy Transfer Operating, L.P.)
Initial Capital Account. The initial capital account with respect to each Class M N Unit will be equal to the purchase price as set forth in the Contribution and Assumption AgreementAgreements, divided by the number of Class M N Units issued to ETP Holdco.
Appears in 2 contracts
Samples: Energy Transfer Operating, L.P., ir.energytransfer.com
