The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective Time, MergerCo shall merge with and into MLP, the separate existence of MergerCo shall cease, and MLP shall survive and continue to exist as a Delaware limited partnership (MLP, as the surviving entity in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that, immediately following the Merger, MLP GP will continue to be the sole general partner of MLP, and PAA will be the sole limited partner of MLP.
Appears in 2 contracts
Samples: Merger Agreement (Plains All American Pipeline Lp), Merger Agreement (Paa Natural Gas Storage Lp)
The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective Time, MergerCo Merger Sub shall merge with and into MLP, the separate existence of MergerCo Merger Sub shall cease, cease and MLP shall survive and continue to exist as a Delaware limited partnership (MLP, as the surviving entity limited partnership in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that, immediately that following the Merger, Buyer shall be the sole limited partner of MLP GP will continue to and New General Partner shall be the sole general partner of MLP, and PAA will be the sole limited partner of MLP.
Appears in 2 contracts
Samples: Merger Agreement (Inergy L P), Merger Agreement (Inergy Midstream, L.P.)
The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective Time, MergerCo shall merge with and into MLP, the separate existence of MergerCo shall cease, and MLP shall survive and continue to exist as a Delaware limited partnership (MLP, as the surviving entity in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that, immediately following the Merger, MLP GP will continue to be the sole general partner of MLP, and PAA PNR USA will be the sole limited partner of MLP.
Appears in 1 contract
Samples: Merger Agreement (Pioneer Southwest Energy Partners L.P.)
