Examples of Notional General Partner Units in a sentence

Xxxxxxxx SIGNATURE PAGE AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREMENT MID-CON ENERGY GP, LLC EXHIBIT A Member Ownership Percentage of Total Membership Interests Ownership Percentage of Class A Membership Interests Ownership Percentage of Class B Membership Interest Notional General Partner Units Attributable to Each Member Aggregate Capital Contributions Xxxxxxx X.

More Definitions of Notional General Partner Units

Notional General Partner Units means notional units used solely to calculate the General Partner’s Percentage Interest. Notional General Partner Units shall not constitute “Units” for any purpose of this Agreement. There shall initially be 506,000 Notional General Partner Units (resulting in the General Partner’s Percentage Interest being 2% after giving effect to any exercise of the Over-Allotment Option and the Deferred Issuance and Distribution). If the General Partner makes additional Capital Contributions pursuant to Section 5.2(b) to maintain its Percentage Interest, the number of Notional General Partner Units shall be increased proportionally to reflect the maintenance of such Percentage Interest.

Notional General Partner Units means notional units used solely to calculate the General Partner’s Percentage Interest. Notional General Partner Units shall not constitute “Units” for any purpose of this Agreement. There shall initially be 641, 212 Notional General Partner Units (resulting in the General Partner’s Percentage Interest being 2.0% after giving effect to any exercise of the Over-Allotment Option and the Deferred Issuance and Distribution). If the General Partner makes additional Capital Contributions pursuant to Section 5.2(a) to maintain its Percentage Interest, the number of Notional General Partner Units shall be increased proportionally to reflect the maintenance of such Percentage Interest.

Notional General Partner Units means notional units used solely to calculate the General Partner’s Percentage Interest. Notional General Partner Units shall not constitute “Units” for any purpose of this Agreement. As of September 21, 2017, there are 1,594,974 Notional General Partner Units (resulting in the General Partner’s Percentage Interest being 0.39% as of such date). If (A) the General Partner makes additional Capital Contributions pursuant to Section 5.1 to maintain its Percentage Interest or (B) a Pro Rata distribution or a subdivision or combination of Units is made in accordance with Section 5.6, the number of Notional General Partner Units shall be proportionally increased or decreased, as applicable, to reflect the maintenance of such Percentage Interest.

Notional General Partner Units means the Notional General Partner Units, as defined in the Partnership LPA;

Notional General Partner Units means notional units used solely to calculate the General Partner’s Percentage Interest. Notional General Partner Units shall not constitute “Units” for any purpose of this Agreement. As of September 13, 2012, there are 1,546,212 Notional General Partner Units (resulting in the General Partner’s Percentage Interest being 2% as of such date). If (A) the General Partner makes additional Capital Contributions pursuant to Section 5.2(b) to maintain its Percentage Interest or (B) a Pro Rata distribution or a subdivision or combination of Units is made in accordance with Section 5.13, the number of Notional General Partner Units shall be proportionally increased or decreased, as applicable, to reflect the maintenance of such Percentage Interest. If Series A PIK Preferred Units are issued pursuant to Section 5.15(b)(ii), the number of Notional General Partner Units shall be increased by an amount equal to 2/98ths of such number of Series A PIK Preferred Units so issued.

Notional General Partner Units as defined in the AMID Partnership Agreement.