Examples of MLP Partnership Agreement in a sentence
The Acquiror Parties and Seller shall use commercial reasonable efforts to cause the MLP to allocate all items of income, gain, loss, deduction and credit allocable to the Subject Interests between ETP LLC and Seller consistent with the MLP Partnership Agreement and past practice.
All Tax Returns prepared for the period including the Closing Date shall be prepared in a manner reasonably consistent with the MLP Partnership Agreement and past practice except to the extent otherwise required by applicable Law.
Except as otherwise specifically provided in this Agreement or in the MLP Partnership Agreement, the duties and obligations owed to the Company and to the Board of Directors by the Officers of the Company and by members of the Board of Directors of the Company shall be the same as the respective duties and obligations owed to a corporation organized under the Delaware General Corporation Law by its officers and directors, respectively.
Such Conflicts Committee shall act in accordance with the provisions of the MLP Partnership Agreement.
Notwithstanding any other provision of this Agreement, the Members agree that to the extent any provision of this Agreement contradicts with or is in conflict with any provision of the MLP Partnership Agreement, the provisions of the MLP Partnership Agreement shall control.