Examples of Series AC Partners 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.
Such payment obligation shall be allocated Pro Rata among the Series AC Partners.
The Series AC Partners at the time of exercise of the Separation Option shall be the initial partners or members, as applicable, of the New AC Entity, and their relative percentage interest in the New AC Entity shall be proportionate to their Series AC Percentage Interest at the time of exercise of the Separation Option; provided, however, that EECI or its designee shall be the managing general partner, managing member or the equivalent thereof of the New AC Entity.
Upon the occurrence of any such default, the Managing General Partner of Series AC shall promptly notify the Defaulting Series AC Partner and the other Series AC Partners not in default (each a “Non-Defaulting Series AC Partner”) of the occurrence of such default.
The exercise of the Control Option pursuant to this Section 10.1(b) shall not affect (A) the status of any Managing General Partner of the Partnership generally or any Series (other than the Series AC or an Alberta Clipper Expansion Series) or (B) the Percentage Interest of the Series AC Partners or the Partners of any Alberta Clipper Expansion Series.
Additionally, applicants shall not be allowed to begin work until all required approvals are obtained.
The exercise of the Control Option pursuant to this Section 10.1(b) shall not affect (A) the status of any Managing General Partner of the Partnership generally or any Series (other than the Series AC, Series EA, Series ME or an Alberta Clipper Expansion Series) or (B) the Percentage Interest of the Series AC Partners, the Series EA Partners, the Series ME Partners or the Partners of any Alberta Clipper Expansion Series.
Without limiting the foregoing, promptly upon receipt and delivery as applicable, the Shared Contract Party shall provide (a) to the Shared Asset Managers, copies of all notices and other correspondence relating to each Shared Contract, (b) to the Series AC Partners, copies of all notices and other correspondence relating to the Series AC Tariff Term Sheet and (c) to the Series EA Partners, copies of all notices and other correspondence relating to the Series EA Tariff Term Sheets.