Examples of EQM Partnership Agreement in a sentence
By its acceptance of EQM Units, an RMP Unitholder confirms its agreement to be bound by all of the terms and conditions of the EQM Partnership Agreement.
Except as set forth above in this Section 4.4 or in the EQM Partnership Agreement, there are not any partnership interests, voting securities or other equity interests of EQM issued and outstanding or any subscriptions, options, warrants, calls, convertible or exchangeable securities, rights, commitments or agreements of any character providing for the issuance of any partnership interests in EQM, including any representing the right to purchase or otherwise receive any of the foregoing.
Each of EQGP and the EQM General Partner hereby irrevocably transfers to Parent their right to receive any distributions on the Incentive Distribution Rights, General Partner Units (as defined in the EQM Partnership Agreement) or EQM Common Units declared by EQM prior to Closing but not paid prior to Closing (the “Pre-Closing Distributions”).
The action of the EQM GP Board in approving this Agreement and the transactions contemplated hereby is sufficient to render inapplicable to this Agreement and the transactions contemplated hereby any state takeover laws and any applicable provision of the EQM Partnership Agreement.
All outstanding EQM Partnership Interests (other than the EQM General Partner Interest) have been duly authorized and validly issued and are fully paid (to the extent required under the EQM Partnership Agreement), nonassessable (except as set forth in the EQM Partnership Agreement or as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the DRULPA) and, except as set forth in the EQM Partnership Agreement, free of preemptive rights.
All outstanding EQM Partnership Interests have been duly authorized and validly issued and are fully paid (to the extent required under the EQM Partnership Agreement), nonassessable (except as set forth in the EQM Partnership Agreement or as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the DRULPA) and, except as set forth in the EQM Partnership Agreement, free of preemptive rights.
At such time, pursuant to the EQM Partnership Agreement Amendment, the non-economic general partner interest in EQM (the “EQM Non-Economic General Partner Interest”) shall cease to be represented by General Partner Units (as defined in the EQM Partnership Agreement).
The EQGP General Partner shall have delivered to the EQM Parties counterparts to each of the Third Amended and Restated EQM Partnership Agreement and the Second Amended EQM Certificate of Limited Partnership duly executed by the EQGP General Partner.
Upon such surrender of a RMP Unit in accordance with this Agreement and the recording of the name of such Person as a limited partner of EQM on the books and records of EQM, such Person shall automatically and effective as of the Effective Time be admitted as an EQM Limited Partner and be bound by the EQM Partnership Agreement as such.
The EQGP General Partner shall execute and deliver at the Closing the Third Amended and Restated Agreement of Limited Partnership of EQM, in substantially the form attached hereto as Exhibit K (the “Third Amended and Restated EQM Partnership Agreement”), such Third Amended and Restated EQM Partnership Agreement to be effective as of the Merger Effective Time.