MLP Entity definition

MLP Entity means Summit Midstream Partners, LP, a Delaware limited partnership.

MLP Entity means (i) ETP, (ii) Sunoco Logistics Partners L.P., a Delaware limited partnership, (iii) Sunoco LP, a Delaware limited partnership, (iv) any other publicly traded limited partnership the general partner of which is owned directly or indirectly by ETE or any other MLP Entity and (v) any Subsidiaries of the foregoing.

MLP Entity means the MLP and each of the MLP Subsidiaries.

Examples of MLP Entity in a sentence

• Notwithstanding the foregoing, no failure or delay by any MLP Entity or any Parent Entity in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder.

• Notwithstanding the foregoing, no Liability of a MLP Entity or MVP shall be considered a Parent Liability for purposes of this Agreement.

• As of the date of this Agreement, there is no pending Proceeding, and, to the Knowledge of MLP, no Person has threatened to commence any Proceeding, against an MLP Entity that challenges, or that would reasonably be expected to have the effect of making illegal, restraining, enjoining or otherwise prohibiting or preventing the Merger.

• In no event shall any Indemnitee be liable to the MLP Entity, the Borrower, any Subsidiary Loan Party, or any other Subsidiary, or shall the MLP Entity, the Borrower or any Subsidiary be liable to any Indemnitee, for any consequential, indirect, special or punitive damages; provided, however, that nothing in this sentence shall limit the Borrower’s indemnification obligations set forth in this Section 9.05.

• Notwithstanding the foregoing, no failure or delay by any MLP Entity or Parent in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder.

More Definitions of MLP Entity

MLP Entity means Buyer, the General Partner and any Affiliated Company of Buyer.

MLP Entity means a Master Limited Partnership Controlled by the Borrower and such Master Limited Partnership’s subsidiaries.

MLP Entity shall have the meaning assigned to such term in the recitals hereto.

MLP Entity. Summit Midstream Partners, LP, a Delaware limited partnership, and each of its successors and assigns (including through any conversion to a corporation). “Obligor: each of Borrower, the MLP Entity, each Subsidiary Guarantor and, if applicable, New Parent and any Intermediate Holding Company.”

MLP Entity means any entity owning Midstream Assets (including CONE) that is or expected to be treated as a master limited partnership for U.S. federal income tax purposes. For purposes of this definition, the general partner of an MLP Entity shall be deemed to be an MLP Entity.

MLP Entity means a Restricted Subsidiary that is a master limited partnership (or limited liability company or similar business entity with pass-through treatment for U.S. Federal income tax purposes) that has a class of equity securities traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Stock Market the assets of which consist principally of Production Facility or Pipeline Assets.

MLP Entity means a Master Limited Partnership Controlled by the Borrower and such Master Limited Partnership’s subsidiaries. “MLP Transfer” shall have the meaning assigned to such term in Section 6.05(c).