Ownership of Common Units. Parent and its Subsidiaries, taken together, are the beneficial owners of 29,064,637 Common Units, which represent all Common Units held of record or beneficially by Parent or any of its Subsidiaries as of the date of this Agreement.
Ownership of Common Units. Prior to the Initial Delivery Date, the Selling Unitholder and EQT GP Corporation own Common Units, representing an approximate 99.9% and 0.1% limited partner interest in the Partnership, respectively; all of such Common Units have been duly authorized and validly issued in accordance with the Partnership Agreement, and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware Revised Uniform Limited Partnership Act (the “Delaware LP Act”)); and the Selling Unitholder and EQT GP Corporation own such Common Units free and clear of all Liens except for restrictions on transferability contained in the Partnership Agreement or as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus. As of the Initial Delivery Date, 266,165,000 Common Units, including Common Units owned by the public unitholders, will be the only limited partner interests in the Partnership outstanding (assuming no Option Units are issued as of the Initial Delivery Date).
Ownership of Common Units. Parent and its Subsidiaries (other than KMP, its general partner and KMR and their respective Subsidiaries), taken together, are the beneficial owners of 93,380,734 Common Units, which represent all Common Units held of record or beneficially by Parent or any of its Subsidiaries as of the date hereof, and the record date for determining Limited Partners entitled to vote at the Partnership Unitholder Meeting.
Ownership of Common Units. As of the date hereof, GXX Xxxxxxx I and GXX Xxxxxxx XX are the record and beneficial owners of 101,295,177 and 107,470,034 Common Units, respectively, and prior to giving effect to the sale and transfer of the Quarterly Repurchase Units on each Quarterly Closing Date, each of GXX Xxxxxxx I and GXX Xxxxxxx XX shall be, the record and beneficial owner of all the Quarterly Repurchase Units to be delivered to the Company, with each GIP Party having the full power to sell and transfer to the Company all such Quarterly Repurchase Units. On each Quarterly Closing Date, such GIP Parties shall deliver the applicable Quarterly Repurchase Units to the Company, free and clear of all Liens (other than as imposed by applicable securities laws or by the Company Agreement). None of the Quarterly Repurchase Units is subject to any voting trust or other contract, agreement, arrangement, commitment or understanding, written or oral, restricting or otherwise relating to the voting or disposition of the Quarterly Repurchase Units, other than this Agreement and the organizational documents or other voting arrangements among the GIP Parties. No proxies or powers of attorney have been granted with respect to the Quarterly Repurchase Units to be delivered by such GIP Parties to the Company. Except as contemplated by this Agreement, there are no outstanding warrants, options, agreements, convertible or exchangeable securities or other commitments pursuant to which such GIP Party is or may become obligated to transfer any of the Quarterly Repurchase Units, except as (a) would not reasonably be expected to impair the ability of such GIP Party to deliver the applicable Quarterly Repurchase Units to the Company as contemplated by this Agreement and (b) would not apply to the Quarterly Repurchase Units following the delivery of the Quarterly Repurchase Units to the Company pursuant to this Agreement.
Ownership of Common Units. (a) As of the date hereof, the General Partner owns 1 General Partner Unit representing 100% of the General Partner Interest held by the General Partner, and after giving effect to the distribution of the Common Units received pursuant to the Exchange Agreement, 784 Common Units in its capacity as a limited partner of the Partnership. The General Partner agrees that without the consent of the Board of Supervisors, the General Partner shall not sell or otherwise transfer its General Partner Unit or any of such Common Units, nor purchase additional Common Units.
Ownership of Common Units. Guarantor owns, beneficially and of record and free and clear of all liens and encumbrances (other than any restrictions on transfer arising under any securities laws), not less than 4,500,000 Common Units (as defined in the Subject Agreement).
Ownership of Common Units. AIM Midstream Holdings is the record holder of all of the AIM Units and the General Partner is the record holder of the Incentive Distribution Rights; all of such AIM Units and Incentive Distribution Rights and the limited partner interests represented thereby have been duly authorized and validly issued in accordance with the Partnership Agreement and are fully paid (to the extent required under the Partnership Agreement) and non-assessable (except as such non-assessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act); and AIM Midstream Holdings is the record holder of the AIM Units and the General Partner is the record holder of the Incentive Distribution Rights, in each case free and clear of all Liens in respect of which a financing statement under the UCC naming AIM Midstream Holdings or the General Partner as debtor is on file in the Filing Office as of the date set forth in the Search except for (A) those Liens securing obligations under the Credit Agreement, (B) those created or arising under the Partnership Agreement or applicable securities laws, (C) those described or contained in the Disclosure Package or the Prospectus or (D) those created by or arising under the Delaware LP Act;
Ownership of Common Units. The Company owns, directly or indirectly, all of the outstanding Common Units free and clear of all Liens (other than (a) those created by or arising under the laws of the State of Delaware, (b) restrictions on transferability and other Liens described in the Prospectus, (c) those arising under the TRC Credit Agreement and (d) those imposed by the Act and the securities or “Blue Sky” laws of certain jurisdictions) (i) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming a Targa Party as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (ii) otherwise known to such counsel, without independent investigation
Ownership of Common Units. The Common Units shall be owned by and allocated among the Members as set forth on Exhibit A hereto.
Ownership of Common Units. Prior to the Initial Delivery Date, the Selling Unitholder and EQT GP Corporation are the record owners of 265,899,000 and 266,000 Common Units, respectively, representing an approximate 99.9% and 0.1% limited partner interest in the Partnership, respectively; all such Common Units have been duly authorized and validly issued in accordance with the Partnership Agreement and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act); and the Selling Unitholder and EQT GP Corporation own such Common Units free and clear of all Liens (except for restrictions on transferability contained in the Partnership Agreement or as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the Selling Unitholder or EQT GP Corporation as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware.
