Unitholder Approval definition

Unitholder Approval means approval by a majority of the votes cast by the holders of Voting Units at a meeting called and held in accordance with applicable laws and the limited partnership agreement of the Partnership or a written resolution approved by holders of a majority of the outstanding Voting Units excluding, in all cases, Voting Units held by Persons who are not Independent Unitholders.

Unitholder Approval has the meaning set forth in Section 3.3(c).

Unitholder Approval shall have the meaning specified in Section 6.1(a).

Examples of Unitholder Approval in a sentence

• No Energy Transfer Unitholder Approval Energy Transfer unitholders are not required to approve the merger agreement or the merger or the issuance of ET common units in connection with the merger.

• This Agreement may be amended by action taken by the REIT and the Purchaser at any time before or after approval of the Arrangement by the REIT Unitholder Approval but, after such approval, no amendment shall be made which requires the approval of any such unitholders under applicable Law without obtaining such further approvals.

• This Agreement may be amended by mutual written agreement of the Parties at any time before or after approval of the Arrangement by the REIT Unitholder Approval but, after such approval, no amendment shall be made which requires the approval of any such unitholders under applicable Law without obtaining such further approvals.

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

• 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.

More Definitions of Unitholder Approval

Unitholder Approval means the passing by a meeting of unitholders of WAT of a resolution authorizing and empowering the Manager and the Trustee to, amongst other things, enter into the transactions contemplated by this Agreement for the purposes of the Listing Rules of the Australian Stock Exchange Limited.

Unitholder Approval means approval of at least a majority of the outstanding Units voting together as a single class.

Unitholder Approval means the vote of the Unitholders (as defined in the Partnership Agreement), in accordance with the provisions of the Partnership Agreement and as may be required by the Regulations of the NYSE, necessary to approve the issuance of Common Units to Seller.

Unitholder Approval means the approval of this Agreement by (i) Limited Partners constituting the Requisite Partnership Vote and (ii) Limited Partners constituting the Majority of the Minority Vote.

Unitholder Approval means approval of at least a majority of the Outstanding Common Units (excluding Common Units owned by Partnership GP and its Affiliates (including Holdings)) voting as a class and at least a majority of the Outstanding Subordinated Units voting as a class. (qq) Each of the following terms is defined in the Section set forth opposite such term: Agreement Preamble Alternative Proposal Section 5.3(g) Board of Directors Recitals Book-Entry Common Units Section 2.2(a) Cap Amount Section 5.9(c) Certificate of Merger Section 1.3 Certificates Section 2.2(a) Change in Board Recommendation Section 5.3(d) Closing Section 1.2 Closing Date Section 1.2 Code Section 2.2(b)(iii) Continental Gas Section 4.3 D&O Insurance Section 5.9(b) DLLCA Section 1.1 DRULPA Section 1.1 Effective Time Section 1.3 Employees Section 3.13 End Date Section 7.1(b)(i) ERISA Section 3.8(a) ERISA Affiliate Section 3.8(a) Exchange Act Section 3.4(a) Exchange Fund Section 2.2(a) Execution Date Section 3.2(b) Expenses Section 7.2(a) Funding Section 4.4 Funding Commitments Section 4.4 GAAP Section 3.4(c) Xxxxxx D&O Indemnified Parties Section 5.9(a) Xxxxxx Disclosure Schedule Article III Xxxxxx Financial Statements Section 3.4(c) Xxxxxx Group Entities Section 3.1(a) Xxxxxx LTIP Section 2.1(a) Xxxxxx Parties Preamble Xxxxxx SEC Documents Section 3.4(a) Holdings Recitals Holdings Agreement Recitals Holdings GP Recitals Holdings Merger Recitals HPGP Merger Sub Recitals HSR Act Section 5.6(b) Letter of Transmittal Section 2.2(b)(i) Material Contracts Section 3.17(a) Merger Recitals Merger Consideration Section 2.1(a) Merger Sub Preamble Merger Sub LLC Interests Section 1.6 Merger Sub LLC Units Section 1.6 Parent Preamble Parent Disclosure Schedule Article IV Parent Parties Preamble Partnership Preamble Partnership GP Preamble Partnership Meeting Section 5.4(b) Paying Agent Section 2.2(a) Proxy Statement Section 3.11 Recommendation Section 3.16 Regulatory Law Section 5.6(d) Representatives Section 5.3(a) rights-of-way Section 3.14(b) Rollover Interests Section 2.1(b) Rollover Parties Section 2.1(b) Schedule 13E-3 Section 3.11 SEC Section 3.4(a) Securities Act Section 3.2(f) Superior Proposal Section 5.3(h) Support Agreement Recitals Surviving Entity Section 1.1 Trusts Section 4.3 47

Unitholder Approval means the approval of the Arrangement Resolution by: (i) at least two-thirds of the votes cast by the Voting Unitholders present in person or represented by proxy at the Meeting, and (ii) a majority of the votes cast by Unitholders who are Disinterested Unitholders present in person or represented by proxy at the Meeting;

Unitholder Approval means the approval of the Arrangement Resolution and Extension Resolution by the applicable Unitholders at the Meeting in accordance with the Interim Order.