"Common Unit" has the meaning assigned to such term in the MLP Agreement.
"Contributed Property" means each property or other asset, in such form as
may be permitted by the Delaware Act, but excluding cash, contributed to the
Partnership (or deemed contributed to the Partnership on termination and
reconstitution thereof pursuant to Section 708 of the Code). Once the Carrying
Value of a Contributed Property is adjusted pursuant to Section 5.4(d), such
property shall no longer constitute a Contributed Property, but shall be deemed
an Adjusted Property.
"Curative Allocation" means any allocation of an item of income, gain,
deduction, loss or credit pursuant to the provisions of Section 6.1 (d) (ix).
"Delaware Act" means the Delaware Revised Uniform Limited Partnership Act,
6 Del C. ss.17-101, et seq., as amended, supplemented or restated from time to
time, and any successor to such statute.
"Departing Partner" means a former General Partner from and after the
effective date of any withdrawal or removal of such former General Partner
pursuant to Section 11.1 or 11.2.
"Economic Risk of Loss" has the meaning set forth in Treasury Regulation
"EPC" means Enterprise Products Company, a Delaware corporation.
"EPC GP" has the meaning assigned to such term in the first paragraph
"EPC Partners II" means EPC Partners II, Inc., a Delaware corporation.
"EPCO Agreement" has the meaning assigned to such term in the MLP
"Event of Withdrawal" has the meaning assigned to such term in Section
"First Amendment" means the First Amendment to Agreement of Limited
Partnership of the Partnership dated ___________, 1998 among EPC GP, the MLP,
EPC and EPC Partners II, a Delaware corporation.
"General Partner" means Enterprise Products GP, LLC and its successors and
permitted assigns as general partner of the Partnership.
"Group Member" means a member of the Partnership Group.
"Indemnitee" means (a) the General Partner, any Departing Partner and any
Person who is or was an Affiliate of the General Partner or any Departing
Partner, (b) any Person who is or was a member, director, officer, employee,
agent or trustee of the MLP or any Group Member, (c) any Person who is or was an
officer, member, partner, director, employee, agent or trustee of the General
Partner or any Departing Partner or any Affiliate of the General Partner or any
Departing Partner, or any Affiliate of any such Person and (d) any Person who is
or was serving at the request of the