Series E Unitholder definition
Examples of Series E Unitholder in a sentence
On the Series E Conversion Date, the Partnership shall issue to such Series E Unitholder (or designated recipient(s)) a Certificate or Certificates for the number of Series E Conversion Units to which such holder shall be entitled.
On the Series E Partnership Event Payment Date, the Partnership (or its successor) shall pay to each Unitholder of Series E Preferred Units that accepts the Series E Partnership Event Change of Control Offer an amount in cash equal to such holder’s applicable Series E Partnership Event Payment, and all of such holder’s rights and privileges under the Series E Preferred Units or as a Series E Unitholder shall be extinguished.
To convert Series E Preferred Units into Common Units pursuant to Section 5.16(b)(viii)(A), either the Series E Converting Unitholder or the Partnership, as applicable, shall give written notice (a “Series E Conversion Notice”) to the Partnership or the Series E Unitholder, as applicable, in the form of either Exhibit G-1 or Exhibit G-2, as applicable, attached hereto stating that either the Series E Unitholder or the Partnership, as applicable, elects to so convert Series E Preferred Units.
At any time after the second anniversary of the Series E Issuance Date, subject to any applicable limitations in the New Credit Agreement, the Series E Preferred Units shall be convertible, in whole or in part, upon the request of the Series E Unitholder into a number of Common Units determined by multiplying the number of Series E Preferred Units to be converted by the Series E Conversion Rate.
On the Series E PIK Preferred Payment Date, the Partnership shall issue to such Series E Unitholder a Certificate or Certificates for the number of Series E PIK Preferred Units to which such Series E Unitholder shall be entitled.
To convert Series E Preferred Units into Common Units pursuant to Section 5.13(b)(viii)(A), either the Series E Converting Unitholder or the Partnership, as applicable, shall give written notice (a “Series E Conversion Notice”) to the Partnership or the Series E Unitholder, as applicable, in the form of either Exhibit D-1 or Exhibit D-2, as applicable, attached hereto stating that either the Series E Unitholder or the Partnership, as applicable, elects to so convert Series E Preferred Units.