Common use of Ownership; Control Clause in Contracts

Ownership; Control. Such Consenting Noteholder (A) either (i) is the sole beneficial owner of the principal amount of Notes and, as applicable, other interests in the Partnership set forth on its signature page hereto, or (ii) has sole investment or voting discretion with respect to the principal amount of such Notes and, if applicable, other interests in the Partnership set forth on its signature page and has the power and authority to bind the beneficial owner(s) of such Notes and, if applicable, other interests in the Partnership to the terms of this Agreement as such terms relate to the Notes and, if applicable, such other interests and (B) has full power and authority to act on behalf of, vote, and consent to matters concerning such Notes and, if applicable, other interests in the Partnership set forth on its signature page and to dispose of, exchange, assign, and transfer such Notes and, if applicable, such other interests in the Partnership, including the power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

Appears in 3 contracts

Samples: Transaction Support Agreement, Transaction Support Agreement (Foresight Energy LP), Transaction Support Agreement (Foresight Energy LP)

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Ownership; Control. Such Consenting Noteholder Lender (A) either (i) is the sole beneficial owner of the principal amount of Notes Debt and, as applicable, other interests in the Partnership set forth on its signature page hereto, or (ii) has sole investment or voting discretion with respect to the principal amount of such Notes Debt and, if applicable, other interests in the Partnership set forth on its signature page and has the power and authority to bind the beneficial owner(s) of such Notes Debt and, if applicable, other interests in the Partnership to the terms of this Agreement as such terms relate to the Notes Debt and, if applicable, such other interests and (B) has full power and authority to act on behalf of, vote, and consent to matters concerning such Notes Debt and, if applicable, other interests in the Partnership as set forth on its signature page and to dispose of, exchange, assign, and transfer such Notes Debt and, if applicable, such other interests in the Partnership, including the power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

Appears in 3 contracts

Samples: Transaction Support Agreement, Transaction Support Agreement (Foresight Energy LP), Transaction Support Agreement (Foresight Energy LP)

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