Priority Interest. If the Additional Contributing Partners elect to treat the payment of an Additional Contribution as a contribution for which the Additional Contributing Partners receive a Priority Interest, then the following shall apply:
Appears in 6 contracts
Samples: General Partnership Agreement (El Paso Pipeline Partners, L.P.), General Partnership Agreement (El Paso Pipeline Partners, L.P.), General Partnership Agreement (Southern Natural Gas Co)
Priority Interest. If the Additional Contributing Partners Contribution Members elect to treat the payment of an Additional Contribution as a contribution for which the Additional Contributing Partners Contribution Members receive a Priority Interest, then the following shall apply:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Piedmont Natural Gas Co Inc), Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (New Jersey Resources Corp)
Priority Interest. If the Additional Contributing Contribution Partners elect to treat the payment of an Additional Contribution as a contribution for which the Additional Contributing Contribution Partners receive a Priority Interest, then the following shall apply:
Appears in 3 contracts
Samples: General Partnership Agreement (Spectra Energy Partners, LP), General Partnership Agreement (Spectra Energy Partners, LP), Limited Partnership Agreement (New Jersey Resources Corp)
Priority Interest. If the Additional Contributing Partners Members elect to treat the payment of an Additional Contribution as a contribution for which the Additional Contributing Partners Members receive a Priority Interest, then the following shall apply:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)
