Common use of Redemption of the Voting Share Clause in Contracts

Redemption of the Voting Share. Upon the election of CEI at any time or upon the occurrence of a Cheniere Separation Event, the sole Voting Share shall be redeemed by the Company in its entirety for one dollar ($1), effective concurrently with such election. Upon any such redemption, the Voting Share shall no longer constitute an Outstanding Interest.

Appears in 6 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)

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Redemption of the Voting Share. Upon the election of CEI at any time or upon the occurrence of a Cheniere Separation Event, the sole Voting Share shall be redeemed by the Company in its entirety for one dollar ($1), effective concurrently with such election. Upon any such redemption, the Voting Share shall no longer constitute an Outstanding Interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)

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