Common use of Common Units Clause in Contracts

Common Units. The number of Purchased Units to be issued and sold to each Purchaser shall be equal to the quotient determined by dividing (i) the Allocated Purchase Amount for such Purchaser by (ii) the Purchase Price (as defined in Section 2.01(c) below), which quotient shall be rounded, if necessary, up or down to the nearest whole number.

Appears in 3 contracts

Samples: Common Unit Purchase Agreement (Universal Compression Partners, L.P.), Common Unit Purchase Agreement (DCP Midstream Partners, LP), Common Unit Purchase Agreement (DCP Midstream Partners, LP)

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Common Units. The number of Purchased Units to be issued and sold to each Purchaser shall be equal to the quotient determined by dividing (i) the Allocated Purchase Amount for such Purchaser by (ii) the Purchase Price (as defined in Section 2.01(c) below)Price, which quotient shall be rounded, if necessary, up or down to the nearest whole number.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement (American Midstream Partners, LP), Common Unit Purchase Agreement (DCP Midstream Partners, LP)

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