ETP Common Units definition

ETP Common Units means common units representing limited partner interests in ETP.
ETP Common Units is defined in the recitals to this Agreement.
ETP Common Units has the meaning specified in Section 3.13.

Examples of ETP Common Units in a sentence

  • After giving effect to the transactions contemplated hereby, ETE Holdings will be the record and beneficial owner of 5,226,967 ETP Common Units.

  • As of the date hereof, ETE Holdings is the record and beneficial owner of 50,226,967 ETP Common Units, and, after giving effect to the ETE Unit Contribution, will be the record and beneficial owner of 55,386,967 ETP Common Units.

  • The Subject Units and the Contributed Units will constitute all of the ETP Common Units owned of record or beneficially by ETE Holdings immediately prior to giving effect to the transactions contemplated hereby.

  • As of the date hereof, ETE is the direct record and beneficial owner of 44,324,102 ETP Common Units, and, after giving effect to the Redemption, will be the direct record and beneficial owner of 25,614,102 ETP Common Units.

  • The issuance of the ETP Common Units constituting the ETP Equity Consideration has been duly authorized in accordance with the Organizational Documents of ETP.

  • Such Contributor acknowledges and understands that (i) the acquisition of the ETP Common Units has not been registered under the Securities Act in reliance on an exemption therefrom and (ii) the ETP Common Units will, upon such acquisition, be characterized as “restricted securities” under state and federal securities laws.

  • Such Contributor is acquiring the ETP Common Units for investment for its own account and not with a view toward or for sale in connection with any distribution thereof, or with any present intention of distributing or selling the ETP Common Units.

  • Such Contributor does not have any Contract or arrangement with any Person to sell, transfer or grant participations to such Person or to any third Person, with respect to the ETP Common Units.

  • In addition to the Subject Units, ETE indirectly is the beneficial owner of 5,226,967 ETP Common Units owned by ETE Common Holdings, LLC (the “ETE Holdings Units”).

  • A number of ETP Common Units equal to such Contributor’s allocated portion of the Closing Date Equity Consideration as set forth on the Allocation Schedule to an account at the ETP Transfer Agent specified by such Contributor no fewer than three (3) Business Days prior to the Closing.


More Definitions of ETP Common Units

ETP Common Units means a common unit representing a limited partner interest in ETP. “ETP GP Interest” is defined in Section 4.5(h).
ETP Common Units means common units of Energy Transfer Partners, L.P., a Delaware limited partnership.

Related to ETP Common Units

  • Common Units is defined in the Partnership Agreement.

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

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class A Common Units means the Company's Class A Common Units.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B Units means the Class B Units of the Company.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Company Units has the meaning set forth in the Recitals.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Class B Common Shares means shares of Class B Common Stock.

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • REIT Shares shall have the meaning set forth in the OP Agreement.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Membership Units means membership interests in the Company.