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: Fifth Amended and Restated Agreement of Limited Partnership (Energy Transfer Operating, L.P.), Amendment No. 4 to Fifth Amended and Restated Agreement of Limited Partnership, Fifth Amended and Restated Agreement of Limited Partnership (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: Fifth Amended and Restated Agreement of Limited Partnership (Energy Transfer Operating, L.P.), Fifth Amended and Restated Agreement of Limited Partnership