Per Unit Capital Amount definition

Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units.

Per Unit Capital Amount has the meaning specified in the Partnership Agreement.

Per Unit Capital Amount means, as of the date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units.

Examples of Per Unit Capital Amount in a sentence

• If there is not sufficient capital associated with the Incentive Distribution Rights to allocate the full Per Unit Capital Amount for an Initial Common Unit to the IDR Reset Common Units in accordance with clause (i) of this Section 5.11(f), the IDR Reset Common Units shall be subject to Sections 6.1(d)(x)(B) and (C).

• In the event that there is not a sufficient Capital Account associated with the Incentive Distribution Rights to allocate the full Per Unit Capital Amount for an Initial Common Unit to the IDR Reset Common Units in accordance with clause (A) of this Section 5.11(f), the IDR Reset Common Units shall be subject to Sections 6.1(d)(x)(B) and (C).

• Notwithstanding any other provision of this Section 6.1, the General Partner shall have the discretion to allocate income, gain, loss and deduction for the taxable year that includes the closing date of the Equity Restructuring Agreement in a manner which is reasonably determined to result in each Unit (including the Units issued pursuant to the Equity Restructuring Agreement) having the same Per Unit Capital Amount.

• For the avoidance of doubt, the reallocation of items set forth in the immediately preceding sentence provides that, to the extent necessary to achieve the Per Unit Capital Amount balances described above, items of income and gain that would otherwise be included in Net Income or Net Loss, as the case may be, for the taxable period in which the Liquidation Date occurs, shall be reallocated from the Unitholders holding Units other than Class B Preferred Units to Unitholders holding Class B Preferred Units.

• In the event that there is not a sufficient Capital Account associated with the Incentive Distribution Rights to allocate the full Per Unit Capital Amount for an IPO Common Unit to the IDR Reset Common Units in accordance with clause (A) of this Section 5.5(c)(ii), the IDR Reset Common Units shall be subject to Section 6.1(d)(x)(B) and Section 6.1(d)(x)(C).

More Definitions of Per Unit Capital Amount

Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units. "Pipelines and Terminals Storage and Throughput Agreement" means that certain Pipelines and Terminals Storage and Throughput Agreement, dated as of the Closing Date, among Sunoco, Inc. (R&M) and Sunoco Pipeline L.P.

Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Unitholder.

Per Unit Capital Amount has the meaning set forth in the OLP Agreement.

Per Unit Capital Amount. As of any date of determination, the Capital Account, stated on a per LP Unit basis underlying any LP Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds LP Units.

Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any class of Units held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units. OILTANKING PARTNERS, L.P.FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP 18

Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partners or any Affiliate of a General Partner who holds Units. "Proportionate Share" means (i) with respect to the Managing General Partner, the percentage share equal to the quotient of (A) the Net Agreed Value of the assets contributed by the Managing General Partner to the Partnership reduced by the value of the general partner interest and Incentive Distribution Rights received by the Managing General Partner divided by (B) the sum of the amount described in (A) above plus the Net Agreed Value of the assets contributed by EESC to the Partnership and (ii) with respect to EESC, the percentage share equal to the quotient of (A) the Net Agreed Value of the assets contributed by EESC to the Partnership divided by the amount described in (B) above. "Pro Rata" means (a) when modifying Units or any class thereof, apportioned equally among all designated Units in accordance with their relative Percentage Interests, (b) when modifying Partners and Assignees, apportioned among all Partners and Assignees in accordance with their respective Percentage Interests, (c) when modifying holders of Incentive Distribution Rights, apportioned equally among all holders of Incentive Distribution Rights in accordance with the relative number of Incentive Distribution Rights held by each such holder and (d) when modifying the General Partners, apportioned 76.8645% to the Managing General Partner and 23.1355% to the Special General Partner, provided, however, to the extent an allocation of losses pursuant to Section 6.1(b) or Section 6.1(c)(ii) would cause the Special General Partner to have a deficit balance in its Adjusted Capital Account at the end of such taxable year (or increase any existing deficit in its Adjusted Capital Account), then Pro Rata shall mean 100% to the Managing General Partner and zero to the Special General Partner. 17

Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit. “Percentage Interest” means as of any date of determination (a) as to the General Partner with respect to General Partner Units and as to anyUnitholder with respect to Units, the product obtained by multiplying (i) 100% less the percentage applicable to c lause (b) below by (ii) the quotient obtainedby dividing (A) the number of General Partner Units held by the General Partner or the number of Units held by such Unitholder, as the case may be, by(B) the total number of Outstanding Units and General Partner Units, and (b) as to the holders of other Partnership Securities issued by the Partnership in accordance with S ection 5.6, the percentage established as a part of such issuance. The Percentage Interest with respect to a Series A Preferred Unit shall at all times be zero.