Right to Acquire Member Interests. (a) Notwithstanding any other provision of this Agreement, if at any time prior to a Cheniere Separation Event, CEI or any of its Affiliates holds 90% or more of the total Interests of any class then Outstanding (other than the Voting Share), CEI or such Affiliate shall then have the right, which right it may assign and transfer in whole or in part to the Company or any of its Affiliates, exercisable at its option, to purchase all, but not less than all, of such Interests of such class then Outstanding held by other holders, at the greater of (x) the Current Market Price as of the date three days prior to the date that the notice described in Section 13.1(b) is mailed and (y) the highest cash price paid by such Person or any of its Affiliates for any such Interest of such class purchased during the 90-day period preceding the date that the notice described in Section 13.1(b) is mailed. As used in this Agreement, (i) “Current Market Price” as of any date of any class of Interests listed or admitted to trading on any National Securities Exchange means the average of the daily Closing Prices per Interest of such class for the 20 consecutive Trading Days immediately prior to such date; (ii) “Closing Price” for any day means the average of the high bid and low asked prices on such day, regular way, or in the case no such sale takes place on such day, the average of the closing bid and asked prices on such day, regular way, in either case as reported in the principal consolidated transaction reporting system for securities listed or admitted for trading on the principal National Securities Exchange on which the Interests of that class are listed or admitted to trading, or if the Interests of that class are not listed or admitted for trading on any National Securities Exchange, the last quoted price on that day, or if no quoted price exists, the average of the high bid and low asked price on that day in the over-the-counter market, as reported by the primary reporting system then in use, or, if on any such day such Interests of such class are not quoted by any such organization of that type, the average of the closing bid and asked prices on such day as furnished by a professional market maker making a market in such Interests of such class selected by the Board of Directors, or if on any such day no market maker is making a market in such Interests of such class, the fair value of such Interests on such day as determined by the Board of Directors; and (iii) “Tra...
Right to Acquire Member Interests. ARTICLE XIV GENERAL PROVISIONS EXHIBIT A to the First Amended and Restated Agreement of Limited Liability Company of Copano Energy, L.L.C. Certificate Evidencing Common Units Representing Member Interests in Copano Energy, L.L.C. ABBREVIATIONS
Right to Acquire Member Interests. (a) Notwithstanding any other provision of this Agreement, if at any time any Person holds more than 90% of the total Member Interests of any class then Outstanding, such Person shall then have the right, which right it may assign and transfer in whole or in part to the Company or any of its Affiliates, exercisable at its option, to purchase all, but not less than all, of such Member Interests of such class then Outstanding held by other holders, at the greater of (x) the Current Market Price as of the date three days prior to the date that the notice described in Section 13.1(b) is mailed and (y) the highest price paid by such Person or any of its Affiliates for any such Interest of such class purchased during the 90-day period preceding the date that the notice described in Section 13.1(b) is mailed. As used in this Agreement, (i) "Current Market Price" as of any date of any class of Interests listed or admitted to trading on any National Securities Exchange means the average of the daily Closing Prices (as hereinafter defined) per Interest of such class for the 20 consecutive Trading Days (as hereinafter defined) immediately prior to such date; (ii) "Closing Price" for any day means the average of the high bid and low asked prices on such day, regular way, or in the case no such sale takes place on such day,
Right to Acquire Member Interests. (a) Notwithstanding any other provision of this Agreement, if at any time any Person holds more than 90% of the total Member Interests of any class then Outstanding, such Person shall then have the right, which right it may assign and transfer in whole or in part to the Company or any of its Affiliates, exercisable at its option, to purchase all, but not less than all, of such Member Interests of such class then Outstanding held by other holders, at the greater of (x) the Current Market Price as of the date three days prior to the date that the notice described in Section 13.1(b) is mailed and (y) the highest price paid by such Person or any of its Affiliates for any such Interest of such class purchased during the 90-day period preceding the date that the notice described in Section 13.1(b) is mailed. Notwithstanding the foregoing, the repurchase right described in this Article XIII shall
Right to Acquire Member Interests. Section 13.1 Right to Acquire Member Interests 72 Section 14.1 Registration Rights 74 Section 14.2 Registrable Securities 74 Section 14.3 Shelf Registration 74 Section 14.4 Underwritten Offerings 75 Section 14.5 Registration Procedures 78 Section 14.6 Cooperation by Existing Investors 81 Section 14.7 Restrictions on Public Sale by Existing Investors of Registrable Securities 81 Section 14.8 Expenses 81 Section 14.9 Indemnification 82 Section 14.10 Rule 144 Reporting 84 Section 14.11 Transfer or Assignment of Registration Rights 84
Right to Acquire Member Interests. Section 13.1 Right to Acquire Member Interests 78
Right to Acquire Member Interests. (a) Notwithstanding any other provision of this Agreement, if at any time Linn Energy or any of its Affiliates holds 80% or more of the total Interests of any class then Outstanding (other than Voting Shares), Linn Energy or such Affiliate shall then have the right, which right it may assign and transfer in whole or in part to the Company or any of its Affiliates, exercisable at its option, to purchase all, but not less than all, of such Interests of such class then Outstanding held by other holders, at the greater of (x) the Current Market Price as of the date three days prior to the date that the notice described in Section 13.1(b) is mailed and (y) the
Right to Acquire Member Interests. (a) Notwithstanding any other provision of this Agreement, if at any time Linn Energy or any of its Affiliates holds 80% or more of the total Interests of any class then Outstanding (other than Voting Shares), Linn Energy or such Affiliate shall then have the right, which right it may assign and transfer in whole or in part to the Company or any of its Affiliates,
