Conversion of Common Units. Subject to Section 2.1(c), Section 2.2(h) and Section 2.5, each Common Unit issued and outstanding or deemed issued and outstanding in accordance with Section 2.4 as of immediately prior to the Effective Time shall be converted into the right, at the election of the holder of such Common Unit pursuant to Section 2.3 to receive any of the following consideration (the “Merger Consideration”):
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Kinder Morgan, Inc.), Agreement and Plan of Merger (El Paso Pipeline Partners, L.P.), Agreement and Plan of Merger (Kinder Morgan, Inc.)
Conversion of Common Units. Subject to Section 2.1(c), Section 2.2(h) and Section 2.52.4, each Common Unit issued and outstanding or deemed issued and outstanding in accordance with Section 2.4 2.3 as of immediately prior to the Effective Time shall be converted into the right, at the election of the holder of such Common Unit pursuant to Section 2.3 right to receive any of 1.50 (the following consideration “Exchange Ratio”) SXL Units (the “Merger Consideration”):).
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Energy Transfer Partners, L.P.), Agreement and Plan of Merger (Sunoco Logistics Partners L.P.), Agreement and Plan of Merger
Conversion of Common Units. Subject to Section 2.1(c), Section 2.2(h) and Section 2.52.4, each Common Unit issued and outstanding or deemed issued and outstanding in accordance with Section 2.4 2.3 as of immediately prior to the Effective Time shall be converted into the right, at the election of the holder of such Common Unit pursuant to Section 2.3 right to receive any of 0.4563 (the following consideration “Exchange Ratio”) Parent Units (the “Merger Consideration”):).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Kinder Morgan Energy Partners L P), Agreement and Plan of Merger (Copano Energy, L.L.C.)
Conversion of Common Units. Subject to Section 2.1(c), Section 2.2(h) and Section 2.5, each Common Unit issued and outstanding or deemed issued and outstanding in accordance with Section 2.4 as of immediately prior to the Effective Time shall be converted into the right, at the election of the holder of such Common Unit pursuant to Section 2.3 2.3, to receive any of the following consideration (the “Merger Consideration”):
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Kinder Morgan, Inc.), Agreement and Plan of Merger (Kinder Morgan, Inc.)
Conversion of Common Units. Subject to Section 2.1(c2.1(e), Section 2.2(h) and Section 2.5, each Common Unit issued and outstanding or deemed issued and outstanding in accordance with Section 2.4 as of immediately prior to the Effective Time shall thereupon be converted automatically into and shall thereafter represent the right, at the election of the holder of such Common Unit pursuant to Section 2.3 right to receive any of the following consideration (the “Merger Common Unit Consideration”):
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Kirby Corp), Agreement and Plan of Merger (K-Sea Transportation Partners Lp)
