Examples of PAGP Partnership Agreement in a sentence
The Company shall not propose any amendment to the PAGP Partnership Agreement that, directly or indirectly, would accomplish the effect of the matters prohibited by the provisions of Section 12.2(a)(iii) without the consent of the affected Designating Member or Designating Members, as applicable.
The Company’s purposes, and the nature of the business to be conducted and promoted by the Company, are (a) to act as the general partner of PAGP in accordance with the terms of the PAGP Partnership Agreement and (b) to engage in any and all activities necessary, advisable, convenient or incidental to the foregoing.
Until Oxy and its Affiliates (a) do not have a Qualifying Interest of at least 5% and (b) beneficially own less than 5% of the outstanding Shares (as such term is defined in the PAGP Partnership Agreement), without the prior written consent of Oxy, the Company shall not, and shall not permit or cause any of its Subsidiaries (including the MLP) to, become a “retailer” (as defined under Section 613A(d)(2) of the Code) or a “refiner” (as defined under Section 613A(d)(4) of the Code).
No action with respect to conflicts of interest resolved pursuant to the provisions of either the PAA Partnership Agreement or the PAGP Partnership Agreement shall be considered a waiver of this Code.
If the signatory to the MOU changes: The tribe must sign a new MOU within 6 months or access will be suspended.
Prior to the execution of this Agreement, limited partners of PAGP holding, in the aggregate, interests constituting a Share Majority (as such term is defined in the PAGP Partnership Agreement), have executed and delivered the Voting Agreement with respect to this Agreement and the Transactions.
Any such conflicts will be governed by and resolved pursuant to the 130558_1provisions of the PAA Partnership Agreement or the PAGP Partnership Agreement, as applicable, and not under this Code.
At least two of the Independent Directors must also satisfy the requirements to be a member of the “Conflicts Committee” as defined in the PAGP Partnership Agreement.
Any such conflicts will be governed by and resolved pursuant to the PAGP-PAA Code of Ethics Senior Financial Officers February 2021 (Final - adopted 2_25_2021)provisions of the PAA Partnership Agreement or the PAGP Partnership Agreement, as applicable, and not under this Code.
Any such conflicts will be governed by and resolved pursuant to the 121712provisions of the PAA Partnership Agreement or the PAGP Partnership Agreement, as applicable, and not under this Code.