Common use of Initial Capital Account Clause in Contracts

Initial Capital Account. The initial capital account with respect to each Class F Unit will be equal to its Issue Price minus its proportionate share of the principal amount of any public indebtedness of the Company assumed by the Partnership.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Sunoco Inc), Agreement and Plan of Merger (Energy Transfer Equity, L.P.), Agreement and Plan of Merger (Energy Transfer Partners, L.P.)

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Initial Capital Account. The initial capital account with respect to each Class F Unit will be equal to its Issue Price minus its proportionate share of the principal amount of any public indebtedness of the Company assumed by the PartnershipPrice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Energy Transfer Partners, L.P.), Agreement and Plan of Merger (Sunoco Inc)

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Initial Capital Account. The initial capital account with respect to each Class F Unit will be equal to its Issue Price minus its proportionate share of the principal amount of any public indebtedness of the Company assumed assumed, or treated as assumed, by the Partnership.

Appears in 1 contract

Samples: Energy Transfer Partners, L.P.

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