Significant Event. In any transaction constituting a Significant Event involving the Transfer of Partnership Interests, the proceeds of such Significant Event shall be shared among the Partners as such proceeds would be distributed pursuant to Section 5.12(b)(iv) and Section 12.4 as if the Significant Event was a sale of the Partnership’s assets.
Appears in 4 contracts
Sources: Limited Partnership Agreement (Cheniere Energy Partners, L.P.), Limited Partnership Agreement, Limited Partnership Agreement (Cheniere Energy Partners, L.P.)
Significant Event. In any transaction constituting a Significant Event involving the Transfer of Partnership Interests, the proceeds of such Significant Event shall be shared among the Partners as such proceeds would be distributed pursuant to Section 5.12(b)(iv) and Section 12.4 as if the Significant Event was a sale of the Partnership’s 's assets.
Appears in 1 contract
Sources: Limited Partnership Agreement (Cheniere Energy Partners, L.P.)
Significant Event. In any transaction constituting a Significant Event involving the Transfer of Partnership Interests, the proceeds of such Significant Event shall be shared among the Partners as such proceeds would be distributed pursuant to Section 5.12(b)(iv5.12(b)(vi) and Section 12.4 as if the Significant Event was a sale of the Partnership’s 's assets.
Appears in 1 contract
Sources: Unit Purchase Agreement (Cheniere Energy Partners, L.P.)