Common use of Instruction to Transfer Agent Clause in Contracts

Instruction to Transfer Agent. A duly executed instruction letter to the PennTex Transfer Agent, in form and substance acceptable to the PennTex Transfer Agent, instructing the PennTex Transfer Agent to transfer the WHR Subordinated Units to ETP, in an account to be specified by ETP in writing no fewer than three (3) Business Days prior to the Closing.

Instruction to Transfer Agent. A duly executed instruction letter to the PennTex Transfer Agent, in form and substance acceptable to the PennTex Transfer Agent, instructing the PennTex Transfer Agent to transfer the WHR MRD Common Units and the MRD Subordinated Units to ETP, in an account to be specified by ETP in writing no fewer than three (3) Business Days prior to the Closing.