Exchange Election Notice definition

Exchange Election Notice has the meaning set forth in Section 11.03(b).
Exchange Election Notice means a written notice from a Continuing Investor to a Continuing Investors Partnership, substantially in the form attached hereto as Schedule 1;
Exchange Election Notice has such meaning as set forth in Section 2.11(b).

Examples of Exchange Election Notice in a sentence

  • An Exchange Election Notice may be revoked by the Corporation at any time; provided that any such revocation does not prejudice the ability of the parties to consummate a Redemption on the Redemption Date.

  • Except as otherwise provided by this Section 11.03, a Direct Exchange shall be consummated pursuant to the same timeframe and in the same manner as the relevant Redemption would have been consummated if the Corporation had not delivered an Exchange Election Notice.


More Definitions of Exchange Election Notice

Exchange Election Notice has the meaning given such term in Section 16.3(b).
Exchange Election Notice has the meaning set forth in Section 11.03(b). “Expansion Capital Expenditures” means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each. “Fair Market Value” means, with respect to any asset, its fair market value determined according to Article XV. “Fiscal Period” means any interim accounting period within a Taxable Year established by the Partnership and which is permitted or required by Code Section 706. “Fiscal Year” means the Partnership’s annual accounting period established pursuant to Section 8.02. “Fifth A&R Partnership Agreement” has the meaning set forth in the recitals to this Agreement. “General Partner” means Summit Midstream GP, LLC, a Delaware limited liability company, and its successors and permitted assigns as general partner of the Partnership. The General Partner, in its capacity as such, has no obligation to make Capital Contributions or right to receive Distributions under this Agreement. “General Partner Interest” means the non-economic management interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) and includes any and all rights, powers and benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement. The General Partner Interest does not include any rights to Profits or Losses or any rights to receive Distributions from operations or upon the liquidation or winding-up of the Partnership. “Governmental Entity” means any legislature, court, tribunal, authority, agency, commission, division, board, bureau, branch, official, or other instrumentality of the United States, or any domestic state, county, city, or other political subdivision, governmental department, or similar governing entity, and including any governmental body exercising similar powers of authority and jurisdiction, in each case with jurisdiction over the Partnership or its business. “Group Member” means a member of the Partnership Group. “H...
Exchange Election Notice. Section 10.03(a) “Expenses” Section 11.02(e) “Final Tax Distribution Amount” Section 5.03(e)(ii) “GAAP” Section 3.04(b) “Indemnification Sources” Section 11.02(e) “Indemnitee-Related Entities” Section 11.02(e)(i) “Initiating Party” Section 14.01
Exchange Election Notice has the meaning set forth in Section 11.03(b). “Executives” has the meaning set forth in the recitals to this Agreement.
Exchange Election Notice has the meaning set forth in Section 11.03(b). “Fair Market Value” means, with respect to any asset, its fair market value determined according to Article XV. “Fiscal Period” means any interim accounting period within a Taxable Year established by the Company and which is permitted or required by Section 706 of the Code. “Fiscal Year” means the Company’s annual accounting period established pursuant to Section 8.02. “Formation Date” has the meaning set forth in the recitals to this Agreement. “Governmental Entity” means (a) the United States of America, (b) any other sovereign nation, (c) any xxxxx, xxxxxxxx, xxxxxxxx, xxxxxxxxx or other political subdivision of (a) or (b) of this definition, including any county, municipal or other local subdivision of the foregoing, or (d) any entity exercising executive, legislative, judicial, regulatory or administrative functions of government on behalf of (a), (b) or (c) of this definition. “Gross Asset Value” means, with respect to any asset of the Company, such asset’s adjusted basis for federal income tax purposes except as follows:
Exchange Election Notice has the meaning set forth in Section 11.3. “Excluded Instruments” has the meaning set forth in Section 4.9. “Final Tax Statements” has the meaning set forth in Section 8.4.2.3. “Fiscal Year” means (i) any twelve (12) month period commencing on January 1 and ending on December 31 or (ii) any portion of the period described in clause (i) of this sentence for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article 4, subject to, in either case for tax matters, Section 706 of the Code. “GAAP” means U.S. generally accepted accounting principles, in effect as of the date of determination thereof.
Exchange Election Notice shall have the meaning set forth in Section 5.1(a).