Common use of Limitations on Number and Amount of Units Sold Clause in Contracts

Limitations on Number and Amount of Units Sold. Under no circumstances shall the number and aggregate amount of the Units sold pursuant to this Agreement and any Terms Agreement exceed (i) the aggregate amount set forth in Section 1, (ii) the number of Common Units available for issuance under the currently effective Registration Statement or (iii) the number and aggregate amount of the Units authorized from time to time to be issued and sold under this Agreement by the Board, or a duly authorized committee thereof, and notified to such Manager in writing.

Appears in 4 contracts

Samples: Terms Agreement (Targa Resources Partners LP), Terms Agreement (Targa Resources Partners LP), Terms Agreement (Targa Resources Partners LP)

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Limitations on Number and Amount of Units Sold. Under no circumstances shall the number and aggregate amount of the Units sold pursuant to this Agreement and any Terms Agreement exceed (i) the aggregate amount set forth in Section 1, (ii) the number of Common Units available for issuance under the currently effective Registration Statement or (iii) the number and aggregate amount of the Units authorized from time to time to be issued and sold under this Agreement by the Board, or a duly authorized committee thereof, and notified to such the Manager in writing.

Appears in 3 contracts

Samples: Terms Agreement (Targa Resources Partners LP), Terms Agreement (Targa Resources Partners LP), Terms Agreement (DCP Midstream Partners, LP)

Limitations on Number and Amount of Units Sold. Under no circumstances shall the number and aggregate amount of the Units sold pursuant to this Agreement and any Terms Agreement exceed (i) the aggregate amount set forth in Section 1, (ii) the number of Common Units available for issuance under the currently effective Registration Statement or (iii) the number and aggregate amount of the Units authorized from time to time to be issued and sold under this Agreement by the Board, or a duly authorized committee thereof, and notified to such Manager the Managers in writing.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Summit Midstream Partners, LP), Equity Distribution Agreement (Summit Midstream Partners, LP)

Limitations on Number and Amount of Units Sold. Under no circumstances shall the number and aggregate amount of the Offered Units sold pursuant to this Agreement and any Terms Agreement exceed (i) the aggregate amount set forth in Section 1, (ii) the number of Common Units available for issuance under the currently effective Registration Statement or (iii) the number and aggregate amount of the Offered Units authorized from time to time to be issued and sold under this Agreement by the Board, or a duly authorized committee thereof, and notified to such Manager the Managers in writing.

Appears in 1 contract

Samples: DCP Midstream Partners, LP

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Limitations on Number and Amount of Units Sold. Under no circumstances shall the number and aggregate amount of the Offered Units sold pursuant to this Agreement and any Terms Agreement exceed (i) the aggregate amount set forth in Section 1, (ii) the number of Common Units available for issuance under the currently effective Registration Statement or (iii) the number and aggregate amount of the Offered Units authorized from time to time to be issued and sold under this Agreement by the Board, or a duly authorized committee thereof, and notified to such the Manager in writing.

Appears in 1 contract

Samples: Terms Agreement (Niska Gas Storage Partners LLC)

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