Common use of Payment of Phantom Units Clause in Contracts

Payment of Phantom Units. (a) If and when the Phantom Units vest, the Partnership shall issue to the Participant one Unit for each vested Phantom Unit, subject to the Participant’s payment of withholding taxes, to the extent required, as described below. Issuance of Units shall be made within 30 days after the vesting date, subject to the Participant’s payment of withholding taxes, to the extent required, as described below.

Payment of Phantom Units. (a) If and when the Phantom Units vest, the Partnership shall issue to the Participant Grantee one Unit for each vested Phantom Unit, subject to the ParticipantGrantee’s payment of withholding taxes, to the extent required, as described below. Issuance of Units shall be made within 30 days after the vesting date, subject to the ParticipantGrantee’s payment of withholding taxes, to the extent required, as described below.

Payment of Phantom Units. (a) If and when the Phantom Units vest, the Partnership shall issue to the Participant Grantee one Unit for each vested Phantom Unit, subject to the ParticipantGrantee’s payment of withholding taxes, to the extent required, taxes as described below. Issuance of Units shall be made within 30 days after the vesting date, subject to the ParticipantGrantee’s payment of withholding taxes, to the extent required, taxes as described below.

Payment of Phantom Units. (a) If and when the Phantom Units vest, the Partnership shall issue to the Participant Grantee one Unit for each vested Phantom Unit, subject to the ParticipantGrantee’s payment of tax withholding taxes, to the extent required, obligations as described below. Issuance of Units Distribution shall be made within 30 days after the vesting date, subject to the Participant’s payment of withholding taxes, to the extent required, as described below.