MLP IPO definition

MLP IPO is defined in the recitals.

MLP IPO means the underwritten initial public offering of common units representing limited partner interests in the Borrower consummated on the Drop Down Date.

MLP IPO means the initial public offering of Capital Stock of the MLP pursuant to an effective registration statement filed with the Securities and Exchange Commission in accordance with the Securities Act.

Examples of MLP IPO in a sentence

• Upon the consummation of any transaction permitted by the Credit Agreement as a result of which a Guarantor is no longer required to be a Guarantor under the Credit Agreement (and, upon the occurrence of a Qualified MLP IPO, Holdings no longer being required to be a Grantor hereunder), such Guarantor and/or Grantor shall automatically be released from its obligations hereunder and the Security Interest in the Collateral of such Guarantor and/or Grantor shall automatically be released.

• The Borrowers shall pay to the Agent for the account of the Lenders, in accordance with their Pro Rata Shares, an amendment fee (the “Twelfth Amendment Fee”) equal to $900,000, which shall be due and payable on the earlier to occur of December 15, 2012 and the date the MLP IPO occurs.

• If at any time, a Designated Borrowing Base Entity is not a Consolidated Subsidiary, the Borrower (or following the Parent MLP IPO, the Parent MLP) shall also furnish at the time it furnishes its financial statements under Sections 8.01(a) and (b), annual and quarterly financial statements (balance sheets, statements of income, partners’ capital, and cash flow) of such Designated Borrowing Base Entity.

• In order to induce the Lenders to enter into this Agreement and to make the Term Loans, each of Holdings (solely prior to a Qualified MLP IPO), the MLP (solely from and after the MLP is party to any Credit Document) and the Borrower, as applicable, makes the following representations, warranties and agreements, in each case after giving effect to the Transaction.

• Except for receivables obtained by the Borrower or any Restricted Subsidiary out of the ordinary course of business or the settlement of joint interest billing accounts in the ordinary course of business or discounts granted to settle collection of accounts receivable, neither the Borrower (nor following the Parent MLP IPO, the Parent MLP) nor any Restricted Subsidiary will discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

More Definitions of MLP IPO

MLP IPO means the initial public offering of the MLP contemplated by the form S-1, filed with the SEC on October 1, 2012, as amended, supplemented or otherwise modified from time to time.

MLP IPO has the meaning set forth in the Recitals.

MLP IPO has the meaning assigned to such term in the definition of “Xxxxxxx Shale Transaction”.

MLP IPO means the initial public offering of the common units in the MLP;

MLP IPO means the initial underwritten public offering of Equity Interests in the MLP pursuant to the MLP Registration Statement.

MLP IPO means the initial public offering of MLP contemplated by the form S-1, filed with the SEC on December 20, 2010, as amended from time to time.

MLP IPO means an IPO consummated as a master limited partnership approved by (i) the IPO Initiating Members pursuant to Section 7.6, (ii) the Board pursuant Section 10.7 or (iii) the Board with Requisite Member Approval. [REDACTED]* * THE REGISTRANT HAS REQUESTED AN ORDER FROM THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, GRANTING CONFIDENTIAL TREATMENT TO SELECTED PORTIONS OF THIS EXHIBIT. ACCORDINGLY, THE CONFIDENTIAL PORTIONS HAVE BEEN OMITTED FROM THIS EXHIBIT AND HAVE BEEN FILED SEPARATELY WITH THE SEC. OMITTED PORTIONS ARE INDICATED BY “[REDACTED]*”. [REDACTED]* [REDACTED]*