Series AC definition

Series AC has the meaning assigned to such term in the Sixth Amended and Restated Agreement of Limited Partnership of Enbridge Energy, Limited Partnership.
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Series AC has the meaning assigned to such term in Section 3.1(a).
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Series AC has the meaning set forth in the recitals hereto.
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Examples of Series AC in a sentence

  • Each item of income, gain, loss, deduction and credit attributable to Series AC Assets and Series AC Liabilities shall be allocated to the Series AC Partners in accordance with their respective Series AC Percentage Interests.

  • As of the Closing Date, the Operating Partnership’s general partners are Enbridge Pipelines (Lakehead) L.L.C. and Enbridge Pipelines (Wisconsin) Inc., each of which own a 0.0005% general partner interest in each of the Series LH partnership interests of the Operating Partnership and the Series AC partnership interests of the Operating Partnership.

  • To the extent commercially feasible, all Liabilities (other than any Intercompany Obligations or Springing Guarantees) contractually created or incurred or amended by any Series following the Series AC Closing Date shall be made expressly non-recourse to (i) the Partnership generally and any other Series and (ii) the Partners of the Partnership generally or any Series (in their respective capacities as such).

  • Such payment obligation shall be allocated Pro Rata among the Series AC Partners.

  • Wisconsin H&W Pipeline, L.L.C. Alabama Tri-State Holdings, LLC Michigan Enbridge Pipelines (▇▇▇▇▇▇) L.L.C. Delaware Enbridge Pipelines (▇▇▇▇▇▇) L.P. Delaware Enbridge Energy, Limited Partnership1 Delaware 1 The Partnership owns, directly or indirectly, 100% of the Series LH partnership interests and 33.33% of the Series AC partnership interests of Enbridge Energy, Limited Partnership.

  • Each Shared Contract Party shall hold each Shared Contract to which it is a party for the benefit of the Partnership generally, the Series AC, the Series EA, the Series ME and the Series LH to the extent related to or necessary for the operation of the assets of such Series or the Partnership generally.

  • Each Series acknowledges that the Series AC, the Series EA, the Series ME and the Series LH will have the right to use the Shared Assets in accordance with the terms of this Exhibit E.

  • All costs reasonably incurred by the Partnership in complying with this Section 10.1(c) shall be reimbursed by the Series AC.

  • No Series AC Partner shall be required to make any Additional Series AC Capital Contribution, or to otherwise contribute any amount, to the Series AC unless such Additional Series AC Capital Contribution is reflected on the Series AC Annual Budget for such fiscal year or is otherwise approved by the Managing General Partner of the Series AC and a Majority in Interest of Series AC Partnership Interests.

  • The Managing General Partner of the Series AC shall provide written notice of the Alberta Clipper Expansion Project Terms to each Series AC Partner promptly following the determination of the Alberta Clipper Expansion Project Terms.


More Definitions of Series AC

Series AC has the meaning assigned to such term in the OLP Partnership Agreement.
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Series AC has the meaning assigned to such term in the Amended and Restated Partnership Agreement.
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Related to Series AC

  • Series A Junior Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests and distributions upon liquidation of the Partnership, ranks junior to the Series A Preferred Units, including Common Units, but excluding any Series A Parity Securities and Series A Senior Securities.

  • Series A Distribution Rate means 6.375%.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at Closing in accordance with Section 2.2(a) hereof, which Series A Warrants shall be exercisable immediately and have a term of exercise equal to five years, in the form of Exhibit D attached hereto.

  • Series C or "Series C Equipment Notes" means Equipment Notes issued and designated as "Series C" hereunder, in the Principal Amount and maturities and bearing interest as specified in Section 2.02 and Schedule I hereto under the heading "Series C."