MLP Common Unit definition

MLP Common Unit means a “Common Unit,” as such term is defined in the MLP Agreement.
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MLP Common Unit means a limited partnership interest in Genesis MLP represented by a common unit as set forth in Genesis MLP Partnership Agreement.
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MLP Common Unit has the meaning assigned to the term "Common Unit" in the Genesis MLP Partnership Agreement.
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Examples of MLP Common Unit in a sentence

  • A DER is a right to receive an amount in cash from the Company or its designee equal to the distributions made by MLP with respect to an MLP Common Unit during the period that ends upon vesting of the tandem Restricted Unit or its forfeiture pursuant to Section 6.2 (ii) of the Plan.

  • In addition, a Restricted Unit represents the right to receive, upon vesting as provided below, an MLP Common Unit.

  • In addition, aRestricted Unit represents the right to receive, upon vesting as provided below, an MLP Common Unit.

  • The Merger Consideration issued upon conversion of an MLP Common Unit in accordance with the terms hereof (including any cash paid pursuant to Section 3.3(c)) and any declared distributions to be paid on MLP Common Units as described in Section 3.2(b) shall be deemed to have been issued in full satisfaction of all rights pertaining to such MLP Common Unit.

  • Upon the vesting of each Restricted Unit awarded under this Agreement, Participant will be entitled to receive an unrestricted MLP Common Unit.


More Definitions of MLP Common Unit

MLP Common Unit means a limited partner interest in UST MLP represented --------------- by a Common Unit as defined in the UST MLP Partnership Agreement.
Sample 1

Related to MLP Common Unit

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

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

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

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Common Units is defined in the Partnership Agreement.

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

  • Class A Common Units means the Company's Class A Common Units.

  • 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.

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

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

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

  • REIT Share means a share of common stock, par value $0.01 per share, of the General Partner.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Common Unit Arrearage means, with respect to any Common Unit, whenever issued, as to any Quarter within the Subordination Period, the excess, if any, of (a) the Minimum Quarterly Distribution with respect to a Common Unit in respect of such Quarter over (b) the sum of all Available Cash distributed with respect to a Common Unit in respect of such Quarter pursuant to Section 6.4(a)(i).

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • 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.

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

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

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.