Common Unit Offering definition
Examples of Common Unit Offering in a sentence
Notwithstanding anything to the contrary in this Agreement, the Common Unit Offering Price and the Common Unit Signing Price, as applicable and without duplication, shall be proportionately adjusted pursuant to the terms of Section 5.11(b)(vi)(E) of the Second A&R LPA to account for any distributions or other transactions described in subclauses (i) through (viii) therein that occurred between the date of this Agreement and the Closing Date as if such section were in effect during such period.
Spectra MLP shall prepay the CapEx Debt in full upon the earlier to occur of (a) March 31, 2011 and (b) the consummation of a Common Unit Offering.
At or about the time of the Closing, the Partnership will (i) in connection with the Series C Transaction, exchange 1,920,668 Series C Preferred Units for 8,323,809 Common Units, and exchange the remaining 8,517,745 Series C Preferred Units on a one-for-one basis for Series C-1 Preferred Units, and (ii) issue approximately $100 million of Common Units in the Common Unit Offering.
RRMH shall contribute the Subject Interest to the Partnership (a portion of the Subject Interest equal to 2/98ths of the aggregate value of the Common Units issued in the Partnership Common Unit Offering and the Additional LP Units being conveyed on behalf of the General Partner).