Restrictions on Distributions of EPD Units. The Partners and the Partnership hereby agree that they shall not cause the Partnership to offer for sale, sell, pledge or otherwise transfer, distribute or dispose of the EPD Units held by the Partnership prior to the Vesting Date, other than as approved by the General Partner (in its sole discretion) in connection with a Change of Control.
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Samples: Limited Partnership Agreement (Enterprise Products Partners L P), Limited Partnership Agreement (Enterprise Products Partners L P), Limited Partnership Agreement (Enterprise Products Partners L P)
Restrictions on Distributions of EPD Units. The Partners and the Partnership hereby agree that they shall not cause the Partnership to offer for sale, sell, pledge or otherwise transfer, distribute or dispose of the EPD Units held by the Partnership prior to the Vesting Date, other than as approved by the General Partner (in its sole discretion) in connection with a Change of Control.. ARTICLE VI MANAGEMENT AND OPERATION 6.01
Appears in 1 contract
Samples: Limited Partnership Agreement
Restrictions on Distributions of EPD Units. The Partners and the Partnership hereby agree that they shall not cause the Partnership to offer for sale, sell, pledge sell or otherwise transfer, distribute or dispose of the EPD Units held by the Partnership prior to the Vesting Date; provided, other than the Partnership may pledge such EPD Units as approved by collateral for any bona fide loan to the General Partner (in its sole discretion) in connection with a Change of ControlPartnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Enterprise Products Partners L P)
