Common use of Splits and Combinations Clause in Contracts

Splits and Combinations. (a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 15 contracts

Samples: Limited Partnership Agreement (Joyner Capital LP), Preferred Unit Purchase Agreement (Natural Resource Partners Lp), Limited Partnership Agreement (KKR & Co. L.P.)

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Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the General Partner may cause the Partnership may to make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 14 contracts

Samples: Agreement, Agreement, Steel Partners Holdings L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 12 contracts

Samples: Contribution Agreement and Agreement (Anadarko Petroleum Corp), Contribution Agreement and Agreement and Plan of Merger (Western Gas Partners LP), Sponsor Equity Restructuring Agreement (Andeavor)

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis (including any Common Unit Arrearage or Cumulative Common Unit Arrearage) or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 10 contracts

Samples: Agreement, Agreement, Partnership Agreement (PBF Logistics LP)

Splits and Combinations. (a) Subject to Section 5.8(d), the The Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 6 contracts

Samples: Exchange Agreement (CNX Resources Corp), Idr Merger Agreement (EQM Midstream Partners, LP), CNX Midstream Partners LP

Splits and Combinations. (a) Subject to Section Sections 5.8(d) and 6.5 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 5 contracts

Samples: Series a Preferred Unit Purchase Agreement (KNOT Offshore Partners LP), Registration Rights Agreement (KNOT Offshore Partners LP), KNOT Offshore Partners LP

Splits and Combinations. (a) Subject to Section 5.8(d4.03(d), the Partnership may make a Pro Rata distribution pro rata dividend of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning date of formation of the Partnership.

Appears in 5 contracts

Samples: Limited Partnership Agreement (UC Asset LP), Limited Partnership Agreement (Wealthcasa Capital Fund, LP), Limited Partnership Agreement (UC Asset LP)

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 5 contracts

Samples: Underwriting Agreement (Encore Energy Partners LP), Underwriting Agreement (Encore Acquisition Co), Encore Acquisition Co

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (USD Partners LP), USD Partners LP, PBF Logistics LP

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (KKR & Co. L.P.), Penn Virginia GP Holdings, L.P., Alliance Holdings GP, L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.5(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 4 contracts

Samples: Agreement and Plan of Redemption and Merger (Markwest Energy Partners L P), Agreement and Plan of Redemption and Merger (Markwest Hydrocarbon Inc), Markwest Energy Partners L P

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders thereof or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 4 contracts

Samples: Agreement, Exchange Agreement (Western Midstream Partners, LP), Partnership Interests Exchange Agreement (Western Midstream Partners, LP)

Splits and Combinations. (a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 4 contracts

Samples: Energy Transfer LP, Energy Transfer LP, www.sec.gov

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the Partnership.

Appears in 4 contracts

Samples: Partnership Agreement (CVR Refining, LP), Viper Energy Partners LP, CVR Energy Inc

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 4 contracts

Samples: Mach Natural Resources Lp, TXO Energy Partners, L.P., Mid-Con Energy Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the term of the Partnership.

Appears in 4 contracts

Samples: www.sec.gov, Agreement, Emerge Energy Services LP

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 4 contracts

Samples: Sanchez Midstream Partners LP, Sanchez Production Partners LP, Sanchez Production Partners LP

Splits and Combinations. (a) Subject to Section 5.8(d5.11(b)(v)(E), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests (other than the Series A Preferred Units) so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 4 contracts

Samples: Idr Merger Agreement (Equitrans Midstream Corp), Idr Merger Agreement (EQM Midstream Partners, LP), Convertible Preferred Unit Purchase Agreement (EQM Midstream Partners, LP)

Splits and Combinations. (a) Subject to Section 5.8(d5.10(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders of Common Units or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Limited Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 4 contracts

Samples: Suburban Propane Partners Lp, Suburban Propane Partners Lp, Suburban Propane Partners Lp

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the Partnership.

Appears in 4 contracts

Samples: CVR Partners, Lp, Partnership Agreement (CVR Energy Inc), Partnership Agreement (CVR Partners, Lp)

Splits and Combinations. (a) Subject to Section Sections 5.8(d) and 6.4 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 3 contracts

Samples: Exchange Agreement (Golar LNG Partners LP), Golar LNG Partners LP, www.lw.com

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.6(d), 6.6 and 6.8 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 3 contracts

Samples: Convertible Preferred Unit Purchase Agreement (EnLink Midstream Partners, LP), EnLink Midstream Partners, LP, EnLink Midstream Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), Section 6.6 and Section 6.9 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 3 contracts

Samples: Agreement (Westmoreland Resource Partners, LP), Contribution Agreement (WESTMORELAND COAL Co), Agreement

Splits and Combinations. (a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities or options, rights, warrants or appreciation rights relating to Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 3 contracts

Samples: www.sec.gov, Carlyle Group L.P., Carlyle Group L.P.

Splits and Combinations. (a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 3 contracts

Samples: Agreement (Alon USA Partners, LP), Agreement (Northern Tier Energy LP), Alon USA Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.10(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 3 contracts

Samples: Equity Restructuring Agreement (Holly Energy Partners Lp), Equity Restructuring Agreement (HollyFrontier Corp), Holly Energy Partners Lp

Splits and Combinations. (a) Subject to Section 5.8(d5.5(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units (including the number of Common Units into which the Class B Units may convert) are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Inergy Holdings, L.P.), Agreement and Plan of Merger (Inergy L P), Inergy L P

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d) (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 3 contracts

Samples: Equity Restructuring Agreement (Spectra Energy Partners, LP), Agreement (Spectra Energy Partners, LP), www.spectraenergypartners.com

Splits and Combinations. (a) Subject to Section 5.8(d), 5.5(d) the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis (including any Common Unit Arrearage or Cumulative Unit Arrearage) or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 3 contracts

Samples: www.lw.com, Crestwood Equity Partners LP, Inergy L P

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.10(d) and 6.4 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 3 contracts

Samples: Navios Maritime Partners L.P., www.lw.com, Navios Maritime Partners L.P.

Splits and Combinations. (ag) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit Partnership Interest basis or stated as a number of Units Partnership Interests are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Energy Transfer Equity, L.P.), Agreement and Plan of Merger

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d) and Section 6.6 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders of Partnership Securities or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning date of formation of the Partnership.

Appears in 2 contracts

Samples: Energy Transfer Partners, L.P., media.corporate-ir.net

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Containers L.P.), Agreement (Navios Maritime Containers Inc.)

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.10(d) and 6.6 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Defined Terms (Enterprise Products Partners L P), Limited Liability Company Agreement (Enterprise GP Holdings L.P.)

Splits and Combinations. (a) Subject to Section 5.8(d5.9(e), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Partnership Interests Restructuring Agreement (Shell Midstream Partners, L.P.), Shell Midstream Partners, L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.10(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Partnership Unit basis or stated as a number of Partnership Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Article Xiv Merger (Enterprise GP Holdings L.P.), Enterprise GP Holdings L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.12(b)(v)(E), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the Partnership.

Appears in 2 contracts

Samples: www.sec.gov, Kimbell Royalty Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(d5.10(d), Section 6.3, Section 6.6 and Section 6.9, the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Quest Resource Corp), Quest Resource Corp

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Partnership Agreement (CrossAmerica Partners LP), CSI Compressco LP

Splits and Combinations. (a) Subject to Section Sections 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis (including any Common Unit Arrearage or Cumulative Common Unit Arrearage) or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Exchange Agreement (KNOT Offshore Partners LP), KNOT Offshore Partners LP

Splits and Combinations. (a) Subject to Section 5.8(d5.5(d), Section 6.6 and Section 6.8 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit Partnership Interest basis or stated as a number of Units Partnership Interests are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Atlas Resource Partners, L.P., Atlas Energy, L.P.

Splits and Combinations. (a) Subject to Section 5.8(d), the The Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the Partnership.

Appears in 2 contracts

Samples: Kimbell Royalty Partners, LP, www.lw.com

Splits and Combinations. (a) Subject to Section 5.8(d5.9(e), the Partnership may make a Pro Rata distribution of Partnership Securities Interests (other than distributions on Series A Preferred Units) to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Fourth (Summit Midstream Partners, LP), Summit Midstream Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(d‎Section 5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Exchange Agreement (Delek Logistics Partners, LP), Exchange Agreement (Delek US Holdings, Inc.)

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.10(d), 6.6 and 6.8 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Enterprise Products Partners L P, Enterprise Products Partners L P

Splits and Combinations. (a) Subject to Section 5.8(d5.4(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Energy Transfer Equity, L.P.), Agreement and Plan of Merger (Southern Union Co)

Splits and Combinations. (a) Subject to Section 5.8(d5.8(e) and Section 5.11(b)(v)(E), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: Sharing Agreement (Phillips 66 Partners Lp), Partnership Interests Restructuring Agreement (Phillips 66)

Splits and Combinations. (a) Subject to Section 5.8(d5.4(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Atlas Energy, L.P., Atlas Pipeline Holdings, L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.9(e), Section 6.6 and Section 6.9 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 2 contracts

Samples: www.cnxmidstream.com, CNX Midstream Partners LP

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Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities (other than Preferred Units) to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit unit basis (including those based on the Stated Liquidation Preference) or stated as a number of Units Partnership Securities are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (NuStar Energy L.P.), Agreement and Plan of Merger

Splits and Combinations. (a) Subject to Section 5.8(d), ) the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Penn Virginia GP Holdings, L.P.), Penn Virginia Resource Partners L P

Splits and Combinations. (a) Subject a)Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Sanchez Production Partners LP

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.9(d), 6.6 and 6.9 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Boardwalk Pipeline Partners, LP

Splits and Combinations. (a) 5.7.1 Subject to Section 5.8(d)5.7.4, the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Financial Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Agreement (AWA Group LP)

Splits and Combinations. (a) Subject to Section 5.8(d5.10(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Magellan Midstream Holdings Lp

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders of Partnership Securities or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning date of formation of the Partnership.

Appears in 1 contract

Samples: Energy Transfer Operating, L.P.

Splits and Combinations. (a) Subject to Section Sections 5.8(d) and 6.4 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Navios Maritime Midstream Partners LP

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the Partnership.

Appears in 1 contract

Samples: Management and Operation of Business (PetroLogistics LP)

Splits and Combinations. (a) Subject to Section 5.8(d‎5.8(d) (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units (including the number of Waiver Units) are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Genesis Energy Lp

Splits and Combinations. (ad) Subject to Section 5.8(d5.7(d), the General Partner may cause the Partnership may to make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Steel Partners Holdings L.P.

Splits and Combinations. (a) Subject to Section 5.8(d) (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Contribution and Simplification Agreement (Noble Midstream Partners LP)

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit Partnership Interest basis or stated as a number of Units Partnership Interests are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Williams Companies Inc)

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d) (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Alliance Resource Partners Lp

Splits and Combinations. (a) Subject to Section 5.8(d5.8(e), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Mid-Con Energy Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities (other than Series A Preferred Units) to all Record Holders of the same class or series of Partnership Securities or may effect a subdivision or combination of the same class or series of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit Partnership Security basis or stated as a number of Units Partnership Securities are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Legacy Reserves Lp

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.9(d), 6.7 and 6.9, the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis (including any Common Unit Arrearage or Cumulative Common Unit Arrearage) or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: CVR Energy Inc

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities (other than Preferred Units) to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Andeavor Logistics Lp

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Delek Logistics Partners, LP

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.6(d) and 5.8(j), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive retroactively to the beginning of the term of the Partnership.

Appears in 1 contract

Samples: Rentech Nitrogen Partners, L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.7(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units (including the number of Common Units into which Class B Units are convertible) are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Agreement (Hiland Holdings GP, LP)

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Martin Midstream Partners L.P.

Splits and Combinations. (a) Subject to Section 5.8(d5.6(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.. HI-CRUSH PARTNERS LP THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Hi-Crush Partners LP

Splits and Combinations. (a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipaccount for such subdivision or combination.

Appears in 1 contract

Samples: Buckeye GP Holdings L.P.

Splits and Combinations. (a) Subject to Section 5.8(d), 5.5(d) the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Partnership Agreement (Crestwood Equity Partners LP)

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.9(d), the Partnership may make a Pro Rata distribution of Partnership Securities (other than Preferred Units) to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit unit basis (including those based on the Stated Liquidation Preference) or stated as a number of Units Partnership Securities are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: NuStar Energy L.P.

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.10(d), the Partnership may make a Pro Rata distribution of Partnership Securities (other than Preferred Units) to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Enterprise Products Partners L.P.

Splits and Combinations. (a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Securities Interests to all Record Holders or may effect a subdivision or combination of Partnership Securities Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis (including any Common Unit Arrearage or Cumulative Common Unit Arrearage) or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.

Appears in 1 contract

Samples: Lehigh Gas Partners LP

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.7(d), 6.6 and 6.8 (dealing with adjustments of distribution levels) the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Genesis Energy Lp

Splits and Combinations. (a) Subject to Section 5.8(dSections 5.9(d) and 6.4 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Navios Maritime Midstream Partners LP

Splits and Combinations. (a) Subject to Section 5.8(d5.9(d), Section 6.6 and Section 6.9 (dealing with adjustments of distribution levels), the Partnership may make a Pro Rata distribution of Partnership Securities to all Record Holders or may effect a subdivision or combination of Partnership Securities so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnershipadjusted.

Appears in 1 contract

Samples: Agreement (Western Gas Partners LP)

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