Examples of Cheniere Holdings in a sentence
Cheniere Holdings shall be the “tax matters partner” of the Company pursuant to Code Section 6231(a)(7) (the “Tax Matters Member”).
Cheniere Holdings is the sole initial Member of the Company, as reflected on Exhibit A hereto.
At the time of the formation of the Company, as reflected on Exhibit A, Cheniere Holdings made a Capital Contribution in the amount of $1,000.00 in exchange for all of the Membership Interests in the Company.
In addition, on March 26, 2007, Cheniere Holdings made such additional Capital Contributions to the Company as are described in the Contribution Agreement.
The MLP hereby agrees to redeem from Cheniere Holdings and agrees to retire the Cheniere Holdings Initial MLP Interest in exchange for a payment in cash to Cheniere Holdings of $980.00.
MLP GP and Cheniere Holdings have formed the MLP, pursuant to the Delaware Revised Uniform Limited Partnership Act (the “Delaware LP Act”), for the purpose of engaging in any business activity that is approved by MLP GP and that lawfully may be conducted by a limited partnership organized pursuant to the Delaware LP Act.
Cheniere Holdings and Terminals are deemed to have made the Capital Contributions as reflected on Exhibit A in exchange for all of the Class A Membership Interests and Class B Membership Interests in the Company, respectively.
In the event the Net Funding Amount is not sufficient to purchase the necessary Treasury Securities, on the Closing Date, Cheniere Holdings shall contribute the difference to the MLP as an additional Capital Contribution.
Cheniere Holdings hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to MLP GP, its successors and assigns, for its and their own use forever, all right, title and interest in and to the GP Interest, as a capital contribution, for good and valuable consideration, the sufficiency of which is hereby acknowledged, and MLP GP hereby accepts the GP Interest as a contribution to the capital of MLP GP.
The Parties acknowledge (a) the payment by Cheniere Holdings, in connection with the Closing, of transaction expenses in the amount of approximately $3,800,000 (exclusive of the Underwriters’ discount and the structuring fee) and (b) the deposit of the Net Funding Amount into the Distribution Reserve Account.