Examples of EQM General Partner in a sentence
IntroductionChronic infection with human immunodeficiency virus (HIV) in humans leads to progressive depletion of CD4+ T cells, resulting in lethal immune dysfunction.
Prior to the EQM Merger, the EQM General Partner granted phantom unit awards to certain non- employee directors of the EQM General Partner.
Simultaneously with the Cancellations, and in consideration of the IDR Assignment and the Cancellations, EQM shall issue and deliver to the EQM General Partner an aggregate of 87,000,000 EQM Common Units (such EQM Common Units, the “Exchange Consideration,” and such IDR Assignment, Cancellations and issuance, the “Exchange”).
At the effective time of the EQM IDR Merger, (i) the Exchange Consideration held by the Former EQM General Partner was canceled, (ii) 80,000,000 EQM common units and 7,000,000 Class B units were issued on a pro rata basis to certain affiliates of Equitrans Midstream, and (iii) 21,811,643 EQM common units held by EQGP were canceled and 21,811,643 EQM common units were issued pro rata to certain affiliates of Equitrans Midstream.
The EQM General Partner has no material assets or liabilities of any nature (whether or not contingent, conditional or unmatured) other than the EQM General Partner Interest and the Incentive Distribution Rights and assets or liabilities (a) incurred as a matter of law by virtue of acting as general partner of EQM, or (b) incurred in connection with this Agreement or any of the transactions contemplated hereby.
The EQM General Partner has not engaged in any material business, activity or operations other than acting as general partner of EQM and providing certain ancillary services to Subsidiaries of EQM.
Prior to the Closing, none of the EQGP Parties shall, without the consent of the Conflicts Committee, eliminate the Conflicts Committee, or revoke or diminish the authority of the Conflicts Committee, or remove or cause the removal of any director of the EQM General Partner Board that is a member of the Conflicts Committee either as a member of the EQM General Partner Board or the Conflicts Committee.
As of the Execution Date, the issued and outstanding EQM Partnership Interests consist of (a) 120,457,630 EQM Common Units, (b) the Incentive Distribution Rights, and (c) the EQM General Partner Interest.
The EQM General Partner Interest has been duly authorized and validly issued.
The EQM General Partner has granted equity-based phantom units that vested upon grant to the independent directors of the EQM General Partner.