Initial Common Units definition

Initial Common Units means the Common Units sold in the Initial Offering.

Initial Common Units means the Common Units sold to the Underwriters on the Closing Date.

Initial Common Units means the Common Units distributed in the Distribution.

Examples of Initial Common Units in a sentence

• Effective upon the Distribution, the General Partner shall admit such parties to the Partnership as Initial Limited Partners in respect of the Initial Common Units distributed to them in the Distribution.

• Each such Initial Limited Partner, by virtue of receiving Initial Common Units in the Distribution, agrees to be bound by, and acknowledges and agrees to all of the terms of, this Agreement without the need to execute this Agreement.

• Each such Initial Limited Partner, by virtue of receiving Initial Common Units in the Distribution, 66 agrees to be bound by, and acknowledges and agrees to all of the terms of, this Agreement without the need to execute this Agreement.

• Notwithstanding the above, the Class A Member Representative, in its sole discretion, may from time to time redesignate which of the Class A Initial Common Units shall comprise the Class A Special Common Units.

• The MLP shall use the Net Funding Amount to purchase the Treasury Securities on the Closing Date maturing as to principal and interest at such times and in such amounts as MLP GP determines will be sufficient to pay the Initial Quarterly Distribution on the Initial Common Units and General Partner Units.

More Definitions of Initial Common Units

Initial Common Units means the Common Units outstanding on the Closing Date.

Initial Common Units means the Common Units outstanding on the IPO Closing Date.

Initial Common Units means the Common Units sold in the Initial Offering. “Initial General Partner Interest” has the meaning set forth in Section 5.1(a). “Initial Limited Partner Interest” has the meaning set forth in Section 5.1(a).

Initial Common Units means the Common Units sold in the Initial Offering. DOMINION MIDSTREAM PARTNERS, LP SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Initial Common Units means the Common Units sold in the Initial Offering. “Initial General Partner Interest” has the meaning set forth in Section 5.1. “Initial Limited Partner Interest” has the meaning set forth in Section 5.1.

Initial Common Units means the Common Units sold in the Initial Offering. “Initial General Partner” means Star Gas Corporation, a Delaware corporation.

Initial Common Units means the Common Units sold in the Initial Offering. "Initial Limited Partners" means the General Partner and Holdings (with respect to the Subordinated Units and the Incentive Distribution Rights received by them pursuant to Section 5.2) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1. "Initial Offering" means the initial offering and sale of Common Units to the public, as described in the Registration Statement. "Initial Unit Price" means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Underwriters offered the Common Units to the public for sale as set forth on the cover page of the prospectus included as part of the Registration Statement and first issued at or after the time the Registration Statement first became effective or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units. "Interim Capital Transactions" means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than for working capital purposes and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (other than Common Units sold to the underwriters pursuant to the exercise of the Over-Allotment Option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member (other than (x) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, including the exchange of timber or real property for other timber or real property to the extent that the timber or real property received in exchange is of equal or greater value, or the sale of timber or real property, to the extent the proceeds are invested within 270 days in other timber or real property, and (y) sales or other dispositions of assets as part of normal retirements or replacements), in each case prior to the Liquidation Date. Notwithstanding anything herein to the contrary, Interim Capital Transactions shall not include (A) the fi...