Examples of EQGP Common Units in a sentence
Rule 13e-3 requires, among other things, that certain financial information concerning EQGP and certain information relating to the fairness of the Transactions and the consideration offered to minority holders of EQGP Common Units be filed with the SEC and disclosed to minority holders of EQGP Common Units prior to the consummation of the exercise of the Limited Call Right.
In consideration for the IDR Purchase and Sale (and concurrently therewith), EQGP shall issue (such issuance, together with the IDR Purchase and Sale, the “Transactions”) to RMGH (or, if requested in writing by RMGH at least one Business Day prior to the Closing, EQT or another Subsidiary of EQT) 36,293,766 EQGP Common Units (the “Transaction Common Units” or the “Consideration”).
The EQGP Common Units issued and outstanding immediately prior to the Merger Effective Time shall be automatically converted into the right to receive the Merger Consideration.
Each EQGP Common Unit, upon being converted into the right to receive the Merger Consideration pursuant to this Section 2.3(c)(i)(A), shall cease to be outstanding, and each holder of EQGP Common Units immediately prior to the Merger Effective Time shall thereafter cease to be a limited partner of EQGP or have any rights with respect to such EQGP Common Units, except the right to receive the Merger Consideration.
The amount assumes the purchase of all outstanding common units representing limited partner interests (the EQGP Common Units) of EQGP Holdings, LP (EQGP) not owned by Equitrans Midstream Corporation (ETRN) and its affiliates at a purchase price of $20.00 per EQGP Common Unit, net to the seller in cash.
As a result, any potential indications of valuation resulting from any particular analysis or combination of analyses described above were merely utilized to create points of reference for analytical purposes and should not be taken to be the view of the Financial Advisors with respect to the actual value of EQGP Common Units or any other person or security.
Notwithstanding the provisions of this Paragraph C(3)(c), no such special meeting shall be called during the period within 60 days immediately preceding the date fixed for the next annual meeting of shareholders.
Immediately following the Merger Effective Time, EQM shall issue, or shall cause to be issued, the EQM Common Units and EQM Class B Units constituting the Merger Consideration to the record holders of EQGP Common Units converted pursuant to the Merger.
On January 10, 2019 (the LCR Closing Date), ETRN completed the exercise of the Limited Call Right and purchased all of the outstanding EQGP Common Units (other than the EQGP Common Units owned by ETRN and its affiliates) at a price per EQGP Common Unit of $20.00.
In addition, as a result of the consummation of the Limited Call Right, there is no longer a public market for the EQGP Common Units.