Common use of No Restrictions on Distributions Clause in Contracts

No Restrictions on Distributions. Except as described in the Prospectus, no Subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Partnership, from making any other distribution on such Subsidiary’s equity, from repaying to the General Partner or the Partnership any loans or advances to such entity from the General Partner or the Partnership or from transferring any of such entity’s property or assets to the Partnership or any other Subsidiary.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Sunoco Logistics Partners L.P.), Sunoco Logistics Partners L.P., Sunoco Logistics Partners L.P.

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No Restrictions on Distributions. Except as described in the Prospectus, no Subsidiary wholly-owned subsidiary of the Partnership is currently prohibited, directly or indirectly, from paying any dividends to the Partnership, from making any other distribution on such Subsidiaryentity’s equity, from repaying to the General Partner or the Partnership any loans or advances to such entity from the General Partner or the Partnership or from transferring any of such entity’s property or assets to the Partnership or any other Subsidiarysubsidiary of the Partnership.

Appears in 1 contract

Samples: Distribution Agreement (Buckeye Partners, L.P.)

No Restrictions on Distributions. Except as described in the Preliminary Prospectus and the Prospectus, no Subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Partnership, from making any other distribution on such Subsidiary’s equity, from repaying to the General Partner or the Partnership any loans or advances to such entity from the General Partner or the Partnership or from transferring any of such entity’s property or assets to the Partnership or any other Subsidiary.

Appears in 1 contract

Samples: Underwriting Agreement (Energy Transfer Partners, L.P.)

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No Restrictions on Distributions. Except as described in the Pricing Disclosure Package and the Prospectus, no Subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Partnership, from making any other distribution on such Subsidiary’s equity, from repaying to the General Partner or the Partnership any loans or advances to such entity from the General Partner or the Partnership or from transferring any of such entity’s property or assets to the Partnership or any other Subsidiary.

Appears in 1 contract

Samples: Energy Transfer LP

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