Class E Preferred Units definition

Class E Preferred Units means, collectively, the Class E-1 Preferred Units, the Class E-2 Preferred Units and Class E-3 Preferred Units.

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Class E Preferred Units has the meaning given to such term in the Amended and Restated Operating Agreement.

Class E Preferred Units and together with the Class D Preferred Units, the “Units”); provided, however, that in no event shall the Partnership issue or sell through MLV such number or dollar amount of Units that (a) would cause the Partnership or the offering of the Units to fail to satisfy the eligibility and transaction requirements for use of Form S-3 (including, if applicable, Instruction I.B.6 thereof), (b) exceeds the number or dollar amount of Units registered on the effective Registration Statement (as defined below) pursuant to which the offering is being made, or (c) exceeds the number or dollar amount of Units for which the Partnership has filed a Prospectus Supplement (as defined below) (the least of (a), (b), and (c), the “Maximum Amount”). Atlas Energy Group, LLC (NYSE: ATLS), a Delaware limited liability company (the “General Partner”), is the sole general partner of the Partnership. For purposes of this Agreement, the direct and indirect subsidiaries of the Partnership listed in Exhibit A are referred to herein individually as a “Subsidiary” and collectively as the “Subsidiaries.” The Subsidiaries and the Partnership are referred to collectively as the “Partnership Entities.”

Examples of Class E Preferred Units in a sentence

Each holder of Partnership Class E Preferred Units will be deemed to have consented for U.S. federal income tax purposes (and to the extent applicable, state or local income tax purposes) to report any cash received in the Class E Preferred Unit Redemption pursuant to Section 7.14(b) as proceeds from the sale of the holders of Partnership Class E Preferred Units to Parent consistent with Treasury Regulation Section 1.708-1(c)(4).
Consistent with Section 3.3(k), the Class E Preferred Unit Redemption shall, for U.S. federal income tax purposes (and to the extent applicable, state or local income tax purposes), be treated as the proceeds from the sale of the holders of Partnership Class E Preferred Units to Parent as described in Treasury Regulation Section 1.708-1(c)(4).
Except as set forth in Section 11.2 of the Partnership Agreement, the Class E Preferred Units shall not be transferable.
Accrued and unpaid distributions for any past Distribution Period may be declared and paid at any time and for such interim periods, without reference to any regular distribution date, to the holder of the Class E Preferred Units on such date as may be fixed by the General Partner.
As of October 10, 2014, the Partnership or a Subsidiary of the Partnership (other than APL and its Subsidiaries) owns 4,113,227 APL Common Units and no APL Class D Preferred Units or APL Class E Preferred Units.
Any distribution made on the Class E Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to the Class E Preferred Units which remain payable.
The holders of the Class E Preferred Units shall not have any voting or consent rights in respect of their partnership interest represented by the Class E Preferred Units.
After payment of the full amount of the Class E Liquidation Preference for each outstanding Class E Preferred Unit, the holders of the Class E Preferred Units, as such, will have no right or claim to any of the remaining assets of the Partnership.
At PPBE’s direction the Class E Preferred Units and/or the Class B Units will be issued in the name of such other person or entity it may designate in writing to the Company.
Until the holders of the Class E Preferred Units have been paid the Class E Liquidation Preference in full, no payment or distribution will be made to any holder of any Distribution Junior Units upon the liquidation, dissolution or winding up of the Partnership.

More Definitions of Class E Preferred Units

Class E Preferred Units and together with the Class D Preferred Units, the “Units”) upon the terms stated herein. Unless otherwise defined below, capitalized terms defined in the Distribution Agreement shall have the same meanings when used herein.

Class E Preferred Units means the units of Membership Interests designated as “Class E Preferred Units” and having the rights to distributions, allocations and voting rights of Class E Preferred Units set forth in this Agreement.

Class E Preferred Units has the meaning set forth in Section 4.1(c)(ii)(A).