Examples of Series A Preferred Representative in a sentence
The Network shall submit all requests for approval of any action contemplated by Section 5.2(e)(i) above (together with all related documents and information reasonably necessary for the Series A Preferred Representative to make an informed decision with respect to such approval) to each Series A Preferred Representative (and to the other Persons identified on Schedule B to receive copies for the Series A Preferred Representative) in writing at the address set forth on Schedule B hereto.
The holders of Class B Common Units may, but shall not be required to, appoint the same individual as a Class B Representative as such holder’s Series A Preferred Representative.
Notwithstanding anything to the contrary in any provision of this Agreement, all rights set forth in Section 5.2(e)(i) hereof of any Member holding Series A Preferred Units shall be exercised exclusively by the Series A Preferred Representative appointed by such Member.
Further, if the impact of such change or election on the Series A Preferred Unitholders also is material, the Series A Preferred Representative shall seek the consent of the Series A Preferred Unitholders representing the Series A Required Voting Percentage (such consent not to be unreasonably withheld, conditioned or delayed), and the Contributor shall not make such change or election prior to notification by the Series A Preferred Representative that such consent was obtained.
Each Initial Member may from time to time change its Series A Preferred Representative in accordance with this Section 5.2(e)(ii) by providing written notice of such change to the Network.
A decision, act, consent or instruction of the Series A Preferred Representative in respect of any action hereunder shall constitute a decision of all Series A Preferred Holders and shall be final, binding and conclusive upon each such Series A Preferred Holder and the Company may rely upon any decision, act, consent or instruction of the Series A Preferred Representative hereunder as being the decision, act, consent or instruction of each and every such Series A Preferred Holder.
All costs and expenses incurred by the Series A Preferred Representative and its Representatives in connection with exercising such rights of access shall be borne by the Series A Preferred Representative, and all out-of-pocket costs and expenses incurred by the Company in complying with any extraordinary requests by the Series A Preferred Representative and its Representatives in connection with exercising such access rights shall be borne by the Series A Preferred Representative.
Notwithstanding the foregoing, the General Partner shall consult in good faith with the Series A Preferred Representative (in the case of Series A Preferred Unitholders), Apache Partner, the Blackstone Partners, or ISQ Partner, as applicable, prior to changing any accounting method or making any tax election that would reasonably be expected to have a disproportionate adverse impact on the Series A Preferred Unitholders or such other Partner (or any of its Affiliates).
Such writing shall be deemed to be received by the Series A Preferred Representative and by the holder of the Series A Preferred Units that has appointed such Series A Preferred Representative in accordance with Section 19.9 hereof.
In no case shall any holder of Series A Preferred Units have more than one Series A Preferred Representative.