Common use of Limited Liability Company Interests in Merger Sub Clause in Contracts

Limited Liability Company Interests in Merger Sub. The limited liability company interests in Merger Sub that had been issued and are outstanding as of immediately prior to the Effective Time shall convert into, in the aggregate, Common Units in an amount equal to the number of Common Units converted into the right to receive the Merger Consideration pursuant to Section 2.1(a).

Appears in 2 contracts

Sources: Merger Agreement, Merger Agreement (Energy Transfer Partners, L.P.)

Limited Liability Company Interests in Merger Sub. The limited liability company interests in Merger Sub that had have been issued and are outstanding as of immediately prior to the Effective Time shall convert into, in the aggregate, Common Units in an amount equal to the number of Common Units converted into the right to receive the Merger Consideration pursuant to Section 2.1(a).

Appears in 2 contracts

Sources: Contribution Agreement and Agreement and Plan of Merger (Anadarko Petroleum Corp), Contribution Agreement and Agreement and Plan of Merger (Western Gas Partners LP)