Phantom Unit

Example Definitions of "Phantom Unit"
Phantom Unit. Means a phantom (notional) Unit granted under the Plan which entitles the Participant to receive, in the discretion of the Committee, a Unit or an amount of cash equal to the Fair Market Value of a Unit.
Found in Blueknight Energy Partners, L.P. contract
Phantom Unit. Means a phantom (notional) Unit right granted under the Plan which entitles the Participant to receive, in the discretion of the Committee, a Unit or an amount of cash equal to the Fair Market Value of a Unit.
Found in Shell Midstream Partners, L.P. contract
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Phantom Unit. A notional interest granted pursuant to Section 7 of this Plan that, to the extent vested, entitles the Participant to receive a Unit or an amount of cash equal to the Market Value of a Unit, as determined by the Committee in its discretion.
Found in Enable Midstream Partners, LP contract
Phantom Unit. A Means a notional interest granted pursuant to Section 7 of this under the Plan that, to the extent vested, entitles the Participant to receive a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its discretion.
Found in PHILLIPS 66 PARTNERS LP contract
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Phantom Unit. Means a phantom (notional) Unit granted under the Plan which upon vesting entitles the Participant to receive a Unit or an amount of cash equal to the Fair Market Value of a Unit. Whether cash or Units are received for Phantom Units shall be determined in the sole discretion of the Committee and shall be set forth in the Award Agreement.
Found in ROAN RESOURCES, INC. contract
Phantom Unit. Means the right to the Appraised Unit Value, if any, of a NAG Unit and is used solely for the purpose of determining benefits under this Plan.
Found in LYONDELL CHEMICAL CO contract
Phantom Unit. Means a phantom (notional) unit granted under the Plan which upon vesting entitles the Participant to receive a Unit or an amount of cash equal to the Fair Market Value of a Unit, whichever is determined by the Committee.
Found in K-SEA TRANSPORTATION PARTNERS LP contract
Phantom Unit. Means a phantom (notional) unit granted under the Plan which upon vesting, or at such other time as may be specified in a Deferral Commitment or Award Agreement, entitles the Participant to receive a Unit or an amount of cash equal to the Fair Market Value of a Unit, whichever is determined by the Committee.
Found in K-SEA TRANSPORTATION PARTNERS LP contract
Phantom Unit. Shall mean a phantom (notional) unit granted under this Grant which, upon vesting, entitles the Participant to receive a cash payment equal to the Fair Market Value of a common unit of Atlas Pipeline Partners, LP (a "Unit").
Found in ATLAS PIPELINE PARTNERS LP contract
Phantom Unit. Means a notional Common Unit. A Director shall not possess any rights of a common unitholder of the Partnership with respect to a Phantom Unit.
Found in Alliance Holdings GP, L.P. contract
Phantom Unit. The right of the Participant to receive a Common Unit, or an amount based on the value of a Common Unit, subject to the terms and conditions of this Grant Letter and the Plan.
Found in AMERIGAS PARTNERS LP contract
Phantom Unit. The right, granted pursuant to Section 9, to receive in cash or shares the Fair Market Value of a share of Company Stock or, in the case of an Award denominated in cash, to receive the amount of cash per unit that is determined by the Committee in connection with the Award.
Found in RITE AID CORP contract
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