Common use of Series A Liquidation Value Clause in Contracts

Series A Liquidation Value. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Series A Preferred Units shall have the rights, preferences and privileges set forth in Section 5.12(b)(iv) upon liquidation of the Partnership pursuant to this Article XII.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Southcross Energy Partners, L.P.), Contribution Agreement (American Midstream Partners, LP), Limited Partnership Agreement (American Midstream Partners, LP)

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Series A Liquidation Value. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Series A Preferred Units shall have the rights, preferences and privileges set forth in Section 5.12(b)(iv5.13(b)(iv) upon liquidation of the Partnership pursuant to this Article XII.” (l) The Partnership Agreement is hereby amended to eliminate any references therein to “Class B Units” or “Class C Units.”

Appears in 2 contracts

Samples: Third Amended and Restated Agreement of Limited Partnership (Energy Transfer LP), Third Amended and Restated Agreement of Limited Partnership (Energy Transfer Equity, L.P.)

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Series A Liquidation Value. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Series A Preferred Units shall have the rights, preferences and privileges set forth in Section 5.12(b)(iv5.13(b)(iv) upon liquidation of the Partnership pursuant to this Article XII.” The Partnership Agreement is hereby amended to eliminate any references therein to “Class B Units” or “Class C Units.” Ratification of Partnership Agreement. Except as expressly modified and amended herein, all of the terms and conditions of the Partnership Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: General Partner Purchase Agreement (Energy Transfer Equity, L.P.)

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