Procedure for Merger or Consolidation. Merger or consolidation of the Partnership pursuant to this Article XVI requires the prior approval of the General Partner. If the General Partner shall determine, in the exercise of its sole discretion, to consent to the merger or consolidation, the General Partner shall approve the Merger Agreement, which shall set forth: (a) the names and jurisdictions of formation or organization of each of the business entities proposing to merge or consolidate; (b) the name and jurisdictions of formation or organization of the business entity that is to survive the proposed merger or consolidation (hereafter designated as the "Surviving Business Entity"); (c) the terms and conditions of the proposed merger or consolidation;
Appears in 1 contract
Sources: Limited Partnership Agreement (El Paso Energy Partners Lp)
Procedure for Merger or Consolidation. Merger or consolidation of the Partnership pursuant to this Article XVI XIV requires the prior approval of the General Partner. Any determination by the General Partner to approve a merger or consolidation shall be at its option. If the General Partner shall determine, in the exercise of its sole discretion, determine to consent to the merger or consolidation, the General Partner shall approve the Merger Agreement, which shall set forth:
: (a) the names and jurisdictions of formation or organization of each of the business entities proposing to merge or consolidate;
; (b) the name and jurisdictions jurisdiction of formation or organization of the business entity that is to survive the proposed merger or consolidation (hereafter designated as the "Surviving Business Entity");
; (c) the terms and conditions of the proposed merger or consolidation;
Appears in 1 contract
Sources: Limited Partnership Agreement
Procedure for Merger or Consolidation. Merger or consolidation of the Partnership pursuant to this Article XVI Article XIV requires the prior approval of the General Partner. If the General Partner shall determine, in the exercise of its sole discretion, to consent to the merger or consolidation, the General Partner shall approve the Merger Agreement, which shall set forth:
: (a) the The names and jurisdictions of formation or organization of each of the business entities proposing to merge or consolidate;
; (b) the The name and jurisdictions jurisdiction of formation or organization of the business entity that is to survive the proposed merger or consolidation (hereafter designated as the "“Surviving Business Entity"”);
; (c) the The terms and conditions of the proposed merger or consolidation;; 78
Appears in 1 contract
Sources: Limited Partnership Agreement
Procedure for Merger or Consolidation. Merger or consolidation of the Partnership pursuant to this Article XVI XIV requires the prior approval of the General Partner. If the General Partner shall determine, in the exercise of its sole discretion, to consent to the merger or consolidation, the General Partner shall approve the Merger Agreement, which shall set forth:
(a) the The names and jurisdictions of formation or organization of each of the business entities proposing to merge or consolidate;; Plains All American Pipeline, L.P.
(b) the The name and jurisdictions jurisdiction of formation or organization of the business entity that is to survive the proposed merger or consolidation (hereafter designated as the "Surviving Business Entity");
(c) the terms and conditions of the proposed merger or consolidation;
Appears in 1 contract
Sources: Limited Partnership Agreement (Plains All American Pipeline Lp)