Reimbursement of G&A by the Existing Investors. For purposes of this Section 7.13, the Common Units and Subordinated Units shall be deemed to include only the Common Units and Subordinated Units exchanged pursuant to Section 5.1(a)(ii) of this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Copano Energy, L.L.C.
Reimbursement of G&A by the Existing Investors. For purposes of this Section 7.13, the Common Units and Subordinated Units shall be deemed to include only only: (i) the Common Units and Subordinated Units exchanged pursuant to Section 5.1(a)(ii) of this Agreement; and (ii) the Common Units received upon conversion of the subordinated units exchanged pursuant to Section 5.1(a)(ii) of this Agreement. References in this Section 7.13 to “transfers” of Common Units or “transferred” Common Units shall include any prior transfer of subordinated units, all of which have converted into Common Units.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)
Reimbursement of G&A by the Existing Investors. For purposes Purposes of this Section 7.13, the Common Units and Subordinated Units shall be deemed to include only the Common Units and Subordinated Units exchanged pursuant to Section 5.1(a)(ii) of this Agreement.
Appears in 1 contract
Samples: Copano Energy, L.L.C.
