Common use of Partnership GP Interest Clause in Contracts

Partnership GP Interest. At the Effective Time, the Partnership GP Interest shall be unchanged and remain outstanding as a non-economic general partner interest in the Surviving Entity and the GP Surviving Entity, as the successor to the General Partner, shall continue as the general partner of the Surviving Entity.

Appears in 4 contracts

Samples: Merger Agreement (Crestwood Equity Partners LP), Merger Agreement (Crestwood Equity Partners LP), Merger Agreement (Oasis Midstream Partners LP)

AutoNDA by SimpleDocs

Partnership GP Interest. At the Effective Time, the The Partnership GP Interest shall be unchanged and remain outstanding as a non-economic general partner interest in the GP Surviving Entity and the GP Surviving Entity, as the successor to the General Partner, Partner shall continue as the general partner of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (Energy Transfer LP), Merger Agreement (Enable Midstream Partners, LP)

AutoNDA by SimpleDocs

Partnership GP Interest. At the Effective Time, the The Partnership GP Interest shall be unchanged and remain outstanding following the Initial LP Merger as a non-economic general partner interest in the Surviving Entity Partnership and the GP Surviving Entity, as the successor to the General Partner, Partner shall continue as the general partner of the Initial LP Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (CSI Compressco LP), Merger Agreement (CSI Compressco LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!