Common use of Conversion of Subordinated Units Clause in Contracts

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 22 contracts

Samples: Agreement (Rhino Resource Partners LP), Agreement (Western Refining Logistics, LP), Partnership Agreement (Rhino Resource Partners LP)

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Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first second Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 18 contracts

Samples: Dissolution and Liquidation (Williams Partners L.P.), Dissolution and Liquidation (Williams Partners L.P.), Global Transaction Agreement (Blueknight Energy Partners, L.P.)

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final full Quarter of the Subordination Period.

Appears in 10 contracts

Samples: Agreement (Dominion Energy Midstream Partners, LP), Registration Rights Agreement (Dominion Midstream Partners, LP), Agreement (Arc Logistics Partners LP)

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 5 contracts

Samples: Agreement (SunCoke Energy Partners, L.P.), Partnership Agreement (PBF Logistics LP), Agreement (Hi-Crush Partners LP)

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final full Quarter of the Subordination Period.

Appears in 5 contracts

Samples: Agreement (BP Midstream Partners LP), Agreement (Antero Midstream Partners LP), Agreement (BP Midstream Partners LP)

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.4(a) in respect of the final Quarter of the Subordination Period.

Appears in 3 contracts

Samples: Inergy L P, www.lw.com, Crestwood Equity Partners LP

Conversion of Subordinated Units. (a) All of the The Subordinated Units shall convert into Common Units on a one-for-one basis on the first second Business Day following the distribution of Available Cash cash and cash equivalents to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 3 contracts

Samples: Sprague Resources LP, Sprague Resources LP, Sprague Resources LP

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.4(a) in respect of the final full Quarter of the Subordination Period.

Appears in 2 contracts

Samples: Columbia Pipeline Partners LP, Columbia Pipeline Partners LP

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first second Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 2 contracts

Samples: Calumet Specialty Products Partners, L.P., Holly Energy Partners Lp

Conversion of Subordinated Units. (a) All of the Subordinated Units shall will convert into Common Units on a one-for-one basis on the first second Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final any Quarter ending on or after December 31, 2006, in respect of the Subordination Period.which:

Appears in 2 contracts

Samples: Definitions (Boardwalk Pipeline Partners, LP), Boardwalk Pipeline Partners, LP

Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall will convert into Common Units on a one-for-one basis on the first Business Day following immediately after the distribution of Available Cash to Partners Members pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.)

Conversion of Subordinated Units. (a) All of the The Subordinated Units shall convert into Common Units on a one-for-one basis on the first second Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 1 contract

Samples: Global Partners Lp

Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall will convert into Common Units on a one-for-one basis on the first Business Day day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.1(a) in respect of the final any Quarter ending on or after June 30, 2007, in respect of the Subordination Period.which:

Appears in 1 contract

Samples: Capital Product Partners L.P.

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 1 contract

Samples: Lehigh Gas Partners LP

Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall will convert automatically into Common Units on a one-for-one basis on the first Business Day following immediately after the distribution of Available Cash to Partners Members pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 1 contract

Samples: Copano Energy, L.L.C.

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.4(a) in respect of the final Quarter of the Subordination Period.

Appears in 1 contract

Samples: Agreement (Hi-Crush Partners LP)

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Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) 6.04 in respect of the final any Quarter ending on or after September 30, 2010, in respect of the Subordination Period.which:

Appears in 1 contract

Samples: OSG America L.P.

Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall will convert into Common Units on a one-for-one basis on the first Business Day day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.2(a) in respect of the final any Quarter ending on or after December 31, 2006, in respect of the Subordination Period.which:

Appears in 1 contract

Samples: Teekay Offshore Partners L.P.

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter end of the Subordination Period.

Appears in 1 contract

Samples: QR Energy, LP

Conversion of Subordinated Units. (a) All of the Subordinated Units shall will convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.4(a) in respect of the final any Quarter ending on or after June 30, 2010, in respect of the Subordination Period.which:

Appears in 1 contract

Samples: Cheniere Energy Partners, L.P.

Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall will convert into Common Units on a one-for-one basis on the first second Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a6.1(a) in respect of the final any Quarter ending on or after December 31, 2008, in respect of the Subordination Period.which:

Appears in 1 contract

Samples: Navios Maritime Partners L.P.

Conversion of Subordinated Units. (a) All of the Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.. WESTERN REFINING LOGISTICS, LP SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Western Refining Logistics, LP

Conversion of Subordinated Units. (a) All of the Outstanding Subordinated Units shall will convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final any Quarter ending on or after September 30, 2009, in respect of the Subordination Period.which:

Appears in 1 contract

Samples: Eagle Rock Energy Partners, L.P.

Conversion of Subordinated Units. (a) All of the Subordinated Units shall automatically convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 1 contract

Samples: USA Compression Partners, LP

Conversion of Subordinated Units. (a) All of the The Outstanding Subordinated Units shall convert into Common Units on a one-for-one basis on the first Business Day following the distribution of Available Cash to Partners pursuant to Section 6.3(a) in respect of the final Quarter of the Subordination Period.

Appears in 1 contract

Samples: Williams Pipeline Partners L.P.

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