MLP Holdco definition

MLP Holdco has the meaning given to such term in the introductory paragraph.

MLP Holdco has the meaning set forth in the introductory paragraph of this Agreement.

MLP Holdco means a Subsidiary of an Obligor that owns all of the outstanding Equity Interests of an MLP GP and certain Equity Interests of an MLP but no other material assets. "MLP General Partner" - Calumet GP, or any other Person acting in the capacity as general partner of MLP Parent.

Examples of MLP Holdco in a sentence

• As consideration of the transfer of interests in the Contributed Subsidiary set forth in Section 2.2, the Partnership shall issue or distribute, as applicable, to MLP Holdco (i) the Sponsor Units, (ii) an amount of cash equal to the Distribution Amount, (iii) the right to receive the Deferred Issuance and Distribution, and (iv) the Incentive Distribution Rights.

• MLP Holdco and the General Partner shall amend and restate the Original LPA by executing the A&R LPA, with such changes as MLP Holdco and the General Partner may deem necessary or advisable.

• MLP Holdco shall contribute, assign, transfer, convey and deliver a 100% limited liability company interest in the Contributed Subsidiary to OpCo, and OpCo shall accept such interests.

• Upon each exercise of the Over-Allotment Option, the Partnership shall distribute to MLP Holdco an amount of cash equal to the net proceeds (after Underwriter’s Spread) of each such exercise (such net proceeds, together with any Common Units issued to MLP Holdco pursuant to the preceding sentence, the “Deferred Issuance and Distribution”).

• The Partnership shall at the Effective Time transfer by wire to the account of MLP Holdco an amount of cash equal to the Distribution Amount and thereby redeem the Initial LP Interest.

More Definitions of MLP Holdco

MLP Holdco has the meaning set forth in the Recitals.

MLP Holdco has the meaning specified in the preamble hereto.

MLP Holdco means any Subsidiary which owns the Equity Interests of an LP or GP.

MLP Holdco has the meaning set forth in the introductory paragraph of this Agreement. “New MLP Credit Agreement” has the meaning set forth in the Recitals of this Agreement. “Offering” means a proposed firm commitment written offering of the Firm Units. “Operating Interests” has the meaning set forth in Section 2.4.

MLP Holdco has the meaning set forth in the introductory paragraph of this Agreement. “Offering” has the meaning set forth in the Recitals of this Agreement.

MLP Holdco is defined in the Recitals to this Agreement.

MLP Holdco has the meaning given to such term in the introductory paragraph. “Notice” has the meaning given to such term in Section 2.01.