Common use of Rights of Class A Units Clause in Contracts

Rights of Class A Units. The Class A Units shall have the following rights, preferences and privileges and shall be subject to the following duties and obligations:

Appears in 9 contracts

Samples: Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement (Energy Transfer LP), Third Amended and Restated Agreement of Limited Partnership (Energy Transfer LP)

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Rights of Class A Units. The Class A Units shall have the following rights, preferences and privileges and shall be subject to the following duties and obligations:obligations (and such rights, preferences, privileges and duties shall continue, and the Class A Units shall continue to be deemed Outstanding to the extent of such rights, preferences, privileges and duties, if and when such Class A Units are held by any Group Member, notwithstanding any provision in Section 7.11 to the contrary):

Appears in 3 contracts

Samples: First Amended and Restated Agreement of Limited Partnership (Sunoco LP), Contribution Agreement (Sunoco LP), First Amended and Restated Agreement of Limited Partnership

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