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 Buyer, the General Partner and any Affiliated Company of Buyer.

Examples of MLP Entity in a sentence

• The MLP Entities shall not take any action, including any amendment or modification of MLP’s distribution policy, that prohibits or restricts, or limits the ability of, either MLP Entity from complying with the terms and conditions of Annex VI of the MLP Disclosure Letter in connection with any distribution permitted under Section 6.3(d), including the determination and payment of the Merger Related Distribution.

• Notwithstanding the foregoing, no failure or delay by any MLP Entity or any Parent Entity in exercising any right hereunder will operate as a waiver thereof nor will 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 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.

• Except as to matters that would not reasonably be expected to have a Crosstex Material Adverse Effect, each Crosstex MLP Entity has title to or rights or interests in its real property and personal property free and clear of all Liens (subject to Permitted Liens), sufficient to allow it to conduct its business as currently being conducted.

More Definitions of MLP Entity

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

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. 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.” (c) Section 1.1 of the Existing Loan Agreement is hereby further amended to amend the last paragraph of the definition of “Pro Forma Basis” to read as follows: For the avoidance of doubt, when making a determination on a Pro Forma Basis, any Acquisition or Asset Disposition involving Equity Interests owned by Borrower or any Restricted Subsidiary shall be treated as if such acquisition or disposition had occurred on the first day of the applicable Reference Period. Pro forma calculations made pursuant to the definition of the term “Pro Forma Basis” shall be determined in good faith by a Senior Officer of Borrower and, for any fiscal period ending on or prior to the first anniversary of

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 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 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).