Series B Preferred Unit Price means $1.00 per Series B Preferred Unit.
Series B Preferred Unit Price means $1.00 per Series B Preferred Unit. “Series B Preferred Units” means any Units issued after the date hereof and designated as Series B Preferred Units. “Series C Preferred Units” means any Units issued after the date hereof and designated as Series C Preferred Units. “Series C Unit Price” means $1.00 per Series C Preferred Unit. “Special Proceeds” means any proceeds from asset sales, debt financings or equity issuances received by the Company directly or indirectly through distributions from Jackalope LLC or any Agreed Midstream Project. -16- “Subscription Agreement” means that certain Subscription and Investment Agreement for Series A-2 Preferred Units in the Company dated as of the Effective Date by and among the Company, the Crestwood Member and the Holdings Member. “Subsidiary” means, with respect to any specified Entity, any corporation, association, partnership or other business entity (a) which is Controlled by such Entity and (b) the outstanding equity securities entitled to more than 50% of the distributions therefrom are held, directly or indirectly, by such Entity; provided, however, that, notwithstanding the foregoing, Jackalope LLC and its Subsidiaries will be deemed Subsidiaries of the Company when used in the definition of Public Offering, Section 6.03 and Section 7.04. “Surviving Provisions” has the meaning set forth in Section 4.06(f). “Tag-Along Acceptance” has the meaning set forth in Section 3.10(c). “Tag-Along Notice Period” has the meaning set forth in Section 3.10(c). “Tag-Along Offer” has the meaning set forth in Section 3.10(a). “Tag-Along Right” has the meaning set forth in Section 3.10(a). “Tag-Along Transfer” has the meaning set forth in Section 3.10(a). “Tag-Along Transfer Period” has the meaning set forth in Section 3.10(d). “Tag Interest” has the meaning set forth in Section 3.10(a). “Tax Advances” has the meaning set forth in Section 5.01(d). “Tax Proceeding” has the meaning set forth in Section 8.03. “Tax Year” has the meaning set forth in Section 2.06. “Total Amount in Default” means, as of any time, with respect to a Non-Funding Member, an amount equal to (a) the outstanding Post-Conversion Default that the Non-Funding Member has failed to pay pursuant to the terms of this Agreement, plus (b) Collection Costs applicable thereto, plus (c) interest accrued on the amounts set forth in clause (a) and clause (b) at an annual interest rate equal to the prime rate (as published on the applicable date of determination in the...
Examples of Series B Preferred Unit Price in a sentence
Immediately upon receipt of any Deficiency Contribution by the Company, the Company shall issue to the Holdings Member a number of Series B Preferred Units equal to the amount of such Deficiency Contribution divided by the Series B Preferred Unit Price.
Any Series B Preferred Units repurchased by the Company during the Three-Year Period shall be purchased at a price equal to the Original Series B Preferred Unit Price.
The “Change of Control Put Price” with respect to each Series B Preferred Unit means a cash amount equal to one hundred twenty percent (120%) of the Original Series B Preferred Unit Price.