Partnership Unitholder Approval definition

Partnership Unitholder Approval has the meaning set forth in Section 7.1(a).

Partnership Unitholder Approval has the meaning set forth in Section 5.26.

Partnership Unitholder Approval means the affirmative vote of the holders of at least a majority of the outstanding Common Units entitled to vote on the authorization of the Merger Agreement.

Examples of Partnership Unitholder Approval in a sentence

• Unless the General Partner Board and the Partnership Conflicts Committee shall have made a Recommendation Change pursuant to Section 5.5 , the General Partner shall use reasonable best efforts to obtain from the holders of Partnership Voting Units the Partnership Unitholder Approval.

• The affirmative vote of the Holders of at least a majority of the Partnership Common Units and the Partnership Series B Units issued and outstanding and entitled to vote on the approval of this Agreement, voting together as a single class (the “ Partnership Unitholder Approval ”), is the only vote or approval of holders of Equity Interests in the Partnership necessary to approve this Agreement.

• The Partnership has the requisite limited partnership power and authority to execute, deliver and perform its obligations under this Agreement and, subject to the Partnership Unitholder Approval, to consummate the transactions contemplated hereby.

• The Partnership shall reimburse to Parent an amount equal to the Parent Reimbursement Amount if this Agreement is terminated (A) by Parent pursuant to Section 7.4(b) ( Breach ) or (B) by Parent or the Partnership pursuant to Section 7.2(c) ( No Partnership Unitholder Approval) when prior to the Partnership Unitholder Meeting a Recommendation Change occurred.

• Each of the Partnership Parties has full limited liability company or limited partnership, as applicable, power and authority to execute and deliver this Agreement and the other Transaction Agreements to which it is a party and, subject to receipt of the Partnership Unitholder Approval, to consummate the Transactions and the transactions contemplated by such other Transaction Agreements and to perform all of the obligations to be performed by it hereunder and thereunder.

• Subject to the Partnership Unitholder Approval, this Agreement and the transactions contemplated hereby have been authorized by all necessary limited partnership action by the Partnership.

• The Partnership Unitholder Meeting shall have concluded, a vote upon the approval of this Agreement shall have been taken, and the Partnership Unitholder Approval shall not have been obtained.

• Except for the approval by the GP Board, which was obtained prior to the execution of this Agreement, the Partnership Unitholder Approval is the only vote or approval of the holders of any class or series of Partnership Interests (excluding the General Partner Interest) that is necessary to approve and adopt this Agreement and the transactions contemplated by this Agreement.

• Repetition will build confidence, and confidence will make the process easier for the user.You are now ready to try these exercises with hot thermoplastic, but first read ahead to familiarize yourself with other procedures related to the operation of this equipment.When performing the above operations with hot thermoplastic, be aware that the marking will remain hot for at least 30 seconds after application.

• Each of the Mid-Con Parties has all requisite limited liability company or limited partnership power and authority toexecute and deliver this Agreement, to perform all of the terms and conditions hereof to be performed by them and, subject to receipt of the Partnership Unitholder Approval, to consummate the transactions contemplated hereby.

More Definitions of Partnership Unitholder Approval

Partnership Unitholder Approval means the approval of this Agreement and the Merger, by the holders of a Unit Majority.

Partnership Unitholder Approval means approval of holders of a Unit Majority.

Partnership Unitholder Approval has the meaning set forth in Section 3.4(b);

Partnership Unitholder Approval means the affirmative vote of the Partnership Unitholders sufficient to constitute a Majority Interest (as defined in the Existing Partnership Agreement). All Partnership Units held by MGP (or its designee) as the Limited Partner of record for Assignees as contemplated by this Agreement shall be included in the denominator for purposes of calculating the Majority Interest, and any votes by MGP (or its designee) in favor of the Transactions as may be directed by the Assignees of such Partnership Units shall be counted in the numerator when calculating a Majority Interest.

Partnership Unitholder Approval has the meaning set forth in Section 3.20.

Partnership Unitholder Approval has the meaning set forth in Section 7.1(a). “Paying Agent” has the meaning set forth in Section 3.2(a).