Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the Stated Liquidation Preference for such Preferred Unit shall be allocated to the Partners (other than Preferred Holders) in accordance with their respective Percentage Interests.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (NuStar Energy L.P.), Agreement and Plan of Merger, NuStar Energy L.P.
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Stated Liquidation Preference for such Preferred Unit shall be allocated to the Limited Partners (other than Preferred Holders) in accordance with their respective Percentage Interests.
Appears in 5 contracts
Samples: Legacy Reserves Lp, Legacy Reserves Lp, Legacy Reserves Lp
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Stated Series A Liquidation Preference for such Preferred Unit shall be allocated to all Unitholders holding Common Units and the Partners (other than Preferred Holders) General Partner in accordance with their respective Percentage Interests.
Appears in 3 contracts
Samples: www.sec.gov, Teekay LNG Partners L.P., Teekay LNG Partners L.P.
Preferred Unit Allocations. (A) Income of the Partnership Company attributable to the issuance by the Partnership Company of a Preferred Unit for an amount in excess of the Stated Liquidation Preference for such Preferred Unit Unit’s liquidation preference shall be allocated to the Partners (other than Preferred Holders) holders of Common Units in accordance with their respective Percentage Interests.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Vanguard Natural Resources, LLC), Limited Liability Company Agreement (Vanguard Natural Resources, LLC)
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Stated Preferred Unit Liquidation Preference for such Preferred Unit shall be allocated to the Partners Unitholders (other than Preferred HoldersHolders in respect of their Preferred Units) in accordance with their respective Percentage Interests.
Appears in 2 contracts
Samples: Landmark Infrastructure Partners LP, Landmark Infrastructure Partners LP
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Stated Liquidation Preference for such Preferred Unit shall be allocated to all Unitholders and the Partners (other than Preferred Holders) General Partner in accordance with their respective Percentage Interests.
Appears in 2 contracts
Samples: Targa Resources Partners LP, Targa Resources Partners LP
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Series A Stated Liquidation Preference for such Preferred Unit or Series B Stated Liquidation Preference, as applicable, shall be allocated to all Unitholders and the Partners (other than Preferred Holders) General Partner in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Global Partners Lp
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Series A Stated Liquidation Preference for such Preferred Unit shall be allocated to all Unitholders and the Partners (other than Preferred Holders) General Partner in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Fourth (Global Partners Lp)
Preferred Unit Allocations. (A) Income of the Partnership attributable to the issuance by the Partnership of a Preferred Unit for an amount in excess of the such Preferred Unit’s Stated Preferred Unit Liquidation Preference for such Preferred Unit shall be allocated to all Unitholders holding Common Units and the Partners (other than Preferred Holders) General Partner in accordance with their respective Percentage Interests.
Appears in 1 contract
Samples: Teekay LNG Partners L.P.
