Common use of Ownership of Partnership Interests Clause in Contracts

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 Common Units and the General Partner Interest. As of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Chevron Corp), Agreement and Plan of Merger (Noble Midstream Partners LP)

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Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 169,760,137 Common Units and the General Partner Interest. As of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Phillips 66), Agreement and Plan of Merger (Phillips 66 Partners Lp)

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 Common 107,815,152 Class B Units and the General Partner Interest. As of the date of this Agreement, the Common Units Limited Partner Interests beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rattler Midstream Lp), Agreement and Plan of Merger (Rattler Midstream Lp)

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 11,586,548 Common Units Units, the Incentive Distribution Rights and the General Partner Interest. As of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Green Plains Inc.), Agreement and Plan of Merger (Green Plains Partners LP)

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 59,630,030 Common Units and Units, the General Partner Interest and the Special General Partner Interest. As of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (HF Sinclair Corp), Agreement and Plan of Merger (Holly Energy Partners Lp)

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 17,084,831 Common Units Units, 1,900,000 Class B Units, the Incentive Distribution Rights and the General Partner Partnership GP Interest. As , which represent all Partnership Interests held of record or beneficially by Parent or any of its Subsidiaries as of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tc Pipelines Lp)

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Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 117,245,455 Common Units, 7,000,000 Class B Units and the General Partner Interest, which represent all Partnership Interests held of record or beneficially by Parent or any of its Subsidiaries as of the date of this Agreement. As of the date of this Agreement, the Common Units and Class B Units beneficially owned by Parent and its Subsidiaries constitute a Unit MajorityMajority (as defined in the Partnership Agreement).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Equitrans Midstream Corp)

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 16,811,818 Common Units Units, the Incentive Distribution Rights and the General Partner Interest. As of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CONSOL Energy Inc.)

Ownership of Partnership Interests. Parent and its Subsidiaries, taken together, are the beneficial owners of 56,447,616 47,692,198 Common Units, 3,000,000 Class B Units and the General Partner Interest, which represent all Partnership Interests held of record or beneficially by Parent or any of its Subsidiaries as of the date of this Agreement. As of the date of this Agreement, the Common Units beneficially owned by Parent and its Subsidiaries constitute a Unit Majority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CNX Midstream Partners LP)

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