Examples of LP Interests in a sentence
Exchange of GP and LP Interests.................................................................................................
LCP shall contribute, convey, assign, transfer and deliver the LCP Terminals GP Interests and the LCP Terminals LP Interests to the Partnership, its successors and assigns, for its and their own use forever, and the Partnership shall accept such LCP Terminals GP Interests and LCP Terminals LP Interests, in exchange for the LCP Units.
Commences Commercial Service, the Partnership shall not make a distribution to the holders of Common LP Interests until the Partnership has established a distribution reserve sufficient to pay the Preferred Return for two Fiscal Quarters.
Upon the Closing, all of the LP Interests received by the Founder upon exercise of the Partnership Options and settlement of the Partnership RSUs in accordance with Section 1.1 shall be cancelled in consideration of the right of the Founder to receive from NFC, as soon as practicable after the Closing, an aggregate amount equal to the number of the LP Interests so cancelled multiplied by the Purchase Price Per LP Interest (i.e. US$50.4928), on the terms and subject to the conditions hereof.
Center Oil shall contribute, assign, transfer, convey and deliver the Center Oil Terminals LP Interests to the Partnership, its successors and assigns, for its and their own use forever, and the Partnership shall accept such Center Oil Terminals LP Interests, in exchange for the Center Oil Units.