Crosstex MLP Common Units definition

Crosstex MLP Common Units means the Common Units, as defined in the Crosstex MLP Partnership Agreement.
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Examples of Crosstex MLP Common Units in a sentence

  • The Crosstex MLP Common Units issuable upon the conversion of the Crosstex MLP Class B Units comprising the Equity Consideration shall have been approved for listing on the Agreed Securities Exchange, subject to official notice of issuance.

  • Crosstex MLP shall use its reasonable best efforts to cause the Crosstex MLP Common Units issuable upon the conversion of the Crosstex MLP Class B Units comprising the Equity Consideration to be approved for listing on the Agreed Securities Exchange, subject to official notice of issuance, prior to the Contribution Closing Date.

Related to Crosstex MLP Common Units

  • Common Units is defined in the Partnership Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Company Units has the meaning set forth in the Recitals.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • GP means Gottbetter & Partners, LLP.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Class B Units means the Class B Units of the Company.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Partnership Securities has the meaning assigned to such term in Section 4.4(a).

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • LLC Units has the meaning set forth in the LLC Agreement.