Common use of Notice of Ineligibility Clause in Contracts

Notice of Ineligibility. If at any time when Units remain unsold by the Managers, the Partnership receives from the Commission a notice or otherwise ceases to be eligible to use Form S-3, the Partnership will promptly notify the Managers, and the Partnership will not give any Manager instructions to sell Units under this Agreement until such time as the Partnership is again eligible to use Form S-3 for such purpose.

Appears in 4 contracts

Samples: Terms Agreement (Plains All American Pipeline Lp), Equity Distribution Agreement (Plains All American Pipeline Lp), Equity Distribution Agreement (Plains All American Pipeline Lp)

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Notice of Ineligibility. If at any time when Units remain unsold by the Managers, Manager the Partnership receives from the Commission a notice or otherwise ceases to be eligible to use Form S-3, the Partnership Company will promptly notify the ManagersManager, and the Partnership will not give any the Manager instructions to sell Units under this Agreement until such time as the Partnership is again eligible to use Form S-3 for such purpose.

Appears in 2 contracts

Samples: Terms Agreement (Plains All American Pipeline Lp), Atlas Pipeline Partners Lp

Notice of Ineligibility. If at any time when Units remain unsold by the Managers, Managers the Partnership receives from the Commission a notice or otherwise ceases to be eligible to use Form S-3, the Partnership Company will promptly notify the Managers, and the Partnership will not give any Manager instructions to sell Units under this Agreement until such time as the Partnership is again eligible to use Form S-3 for such purpose.

Appears in 1 contract

Samples: Equity Distribution Agreement (Atlas Pipeline Partners Lp)

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Notice of Ineligibility. If at any time when Units remain unsold by the ManagersManager, the Partnership receives from the Commission a notice or otherwise ceases to be eligible to use Form S-3, the Partnership will promptly notify the ManagersManager, and the Partnership will not give any the Manager instructions to sell Units under this Agreement until such time as the Partnership is again eligible to use Form S-3 for such purpose.

Appears in 1 contract

Samples: Equity Distribution Agreement (Paa Natural Gas Storage Lp)

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