MLP Interest definition

MLP Interest means the 333,000 common units and 4,667,000 subordinated units representing limited partner interest in Crosstex Energy, L.P, an undivided 0.001% of which is owned by the General Partner and an undivided 99.999% of which is owned by the Limited Partner, all of which is simultaneously with this Agreement transferred to the Partnership.
Sample 1

Examples of MLP Interest in a sentence

  • MLP hereby agrees to redeem from Holdings and agrees to retire the Holdings Initial MLP Interest in exchange for a payment in cash to Holdings of $980.00.

  • This list is sorted by census tract number and census block number in ascending order.

  • We are also responsible for managing contracts with third parties to provide related services to other University buildings which are not located on or near to either of the core campuses.

  • As a contribution to the capital of Assignee, and in exchange for the CEI MLP Interest, Assignor hereby irrevocably grants, contributes, transfers, assigns and conveys to Assignee, its successors and assigns, all of Assignor's right, title and interest in and to the CEI CESL Interest and the Membership Interest, free and clear of any lien, pledge, security interest, encumbrance or claim of any kind.

  • As described herein, the Debtors have a paramount interest in ensuring the financial status of the OMP Entities, given that the MLP Interest (as defined herein) is currently one of the Debtors’ most valuable assets.purchase, the Debtors proceed to sell such gas to third parties.

  • As a contribution to the capital of Assignee, and in exchange the Holdings MLP Interest, Assignor hereby irrevocably grants, contributes, transfers, assigns and conveys to Assignee, its successors and assigns, all of Assignor's right, title and interest in and to the Holdings CESL Interest, free and clear of any lien, pledge, security interest, encumbrance or claim of any kind.

  • Assignee hereby accepts the assignment of the CEI MLP Interest and agrees to be bound by the Certificate of Limited Partnership and Limited Partnership Agreement of MLP from and after the date hereof.

  • Pursuant to the form of Assignment attached hereto as Exhibit K, Holdings will grant, contribute, transfer, assign and convey to MLP, its successors and assigns, all right, title and interest of Holdings in and to its 99.0% limited partner interest in CESL (the "Holdings CESL Interest"), and MLP will accept the Holdings CESL Interest as a contribution to the capital of MLP in exchange for an interest in MLP (the "Holdings MLP Interest").

  • Pursuant to the form of Assignment attached hereto as Exhibit I, CEI will grant, contribute, transfer, assign and convey to MLP, its successors and assigns, all right, title and interest of CEI in and to (i) the CEI CESL Interest and (ii) all of its membership interests in OLP GP, and MLP will accept (x) the CEI CESL Interest and (y) all of CEI's membership interests in OLP GP as a contribution to the capital of MLP in exchange for an interest in MLP (the "CEI MLP Interest").

  • MLP Hereby agrees to redeem from QRC and agrees to retire the QRC Initial MLP Interest in exchange for a payment in cash to QRC of $980.

Related to MLP Interest

  • GP Interest means: (i) with respect to any limited partnership, a unit of general partnership interest in such partnership; and (ii) with respect to a McNeil Partnership, the units of general partnership interest held by the general partner of such McNeil Partnership and all of the rights in respect thereof, including not only the general partner's proportionate interest of the profits and losses of that McNeil Partnership based on the general partner's capital contribution but also the rights and other assets (if any) corresponding to such McNeil Partnership which are being contributed to the applicable New GP LLC at the direction of the Company in accordance with Article II hereof.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • LLC Interest means a membership interest or similar interest in a limited liability company.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Asset Interest is defined in Section 2.1(b).

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.