Issuance; Adjustment. (i) The Partnership shall issue 18,114,975 Class E Units to the Company on the Class E Unit Issuance Date as contemplated by the Series AC Contribution Agreement; provided, however, that, subject to paragraph (ii) of this Section 4.17(d), if the aggregate Series AC EBITDA attributable to calendar years 2015 and 2016 (the “Series AC Aggregate EBITDA”) is less than $265.9 million, then 1,305,142 of the Class E Units (the “
Appears in 2 contracts
Samples: www.lw.com, Enbridge Energy Partners Lp
Issuance; Adjustment. (i) The Partnership shall issue 18,114,975 Class E Units to the Company on the Class E Unit Issuance Date as contemplated by the Series AC Contribution Agreement; provided, however, that, subject to paragraph (ii) of this Section 4.17(d), if the aggregate Series AC EBITDA attributable to calendar years 2015 and 2016 (the “Series AC Aggregate EBITDA”) is less than $265.9 million, then 1,305,142 of the Class E Units (the “
Appears in 1 contract
Samples: Contribution Agreement (Enbridge Energy Partners Lp)
Issuance; Adjustment. (i) The Partnership shall issue has issued 18,114,975 Class E Units to the Company on the Class E Unit Issuance Date as contemplated by the Series AC Contribution Agreement; provided, however, that, subject to paragraph (ii) of this Section 4.17(d), if the aggregate Series AC EBITDA attributable to calendar years 2015 and 2016 (the “Series AC Aggregate EBITDA”) is less than $265.9 million, then 1,305,142 of the Class E Units (the “
Appears in 1 contract
Samples: Contribution Agreement (Enbridge Energy Partners Lp)
