Ownership of the Sponsor Units. The Company owns, directly or indirectly, 11,645,659 Common Units (the “Sponsor Units”); the Sponsor Units are owned free and clear of all Liens (except restrictions on transferability and other Liens as described in the Disclosure Package and the Prospectus or arising under the Holdco Credit Agreement or the TRI Credit Agreement). For purposes hereof, “Common Units” shall mean common units representing limited partner interests in the Partnership.
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Samples: Underwriting Agreement (Targa Resources Corp.), Underwriting Agreement (Targa Resources Corp.), Underwriting Agreement (Targa Resources Corp.)
Ownership of the Sponsor Units. The Company owns, directly or indirectly, 11,645,659 Common Units 100% of the outstanding common units representing limited partner interests in the Partnership (the “Sponsor Common Units”); the Sponsor Common Units are owned free and clear of all Liens (except restrictions on transferability and other Liens (x) as described in the Disclosure Package and the Prospectus or Prospectus, (y) arising under the Holdco TRC Credit Agreement or (z) arising under the TRI Credit Partnership Agreement). For purposes hereof, “Common Units” shall mean common units representing limited partner interests in the Partnership.
Appears in 2 contracts
Samples: Underwriting Agreement (Targa Resources Corp.), Terms Agreement (Targa Resources Corp.)
Ownership of the Sponsor Units. The Company owns, directly or and indirectly, 11,645,659 Common Units (the “Sponsor Units”); the Sponsor Units are owned free and clear of all Liens (except restrictions on transferability and other Liens as described in the Disclosure Package and the Prospectus or arising under the Holdco Credit Agreement or the TRI Credit Agreement). For purposes hereof, “Common Units” shall mean common units representing limited partner interests in the Partnership.
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