ArcLight Member definition

ArcLight Member means Ridgeline Midstream Holdings, LLC or any Affiliate of ArcLight Capital Partners, LLC.
ArcLight Member means all current equity owner members of Arclight. The Arclight Members as of the date hereof are listed on Exhibit A.

Examples of ArcLight Member in a sentence

  • The Company agrees to provide prior written notice to the ArcLight Member of any press release or other public communication regarding the Company and to furnish the ArcLight Member with a copy of any press release or other public communication prior to such press release or public communication being issued.

  • If the Initial FMV Determinations are outside the Valuation Collar, then the fair market value of the Preferred Units shall be determined by a third independent investment banking or valuation firm of recognized national standing having experience in the valuation of entities similar to the Company jointly selected by the ArcLight Member and the Company (the “Independent Appraiser”).

  • Notwithstanding anything in this Section 6.2 to the contrary, (i) in no event shall the Tax Matters Partner enter into any agreement or settle any proceeding that could adversely affect an ArcLight Member in a manner that is disproportionate to the manner in which Magnum Hunter is affected, or (ii) subject to Section 6.5, make any election to treat the Company as an association taxable as a corporation for income tax purposes, in each case without the prior written consent of the ArcLight Member.

  • As soon as practicable, and in any event within thirty (30) days after the Change of Control Date, the ArcLight Member and the Company shall each provide a copy of the Initial FMV Determination prepared by its Appraiser to the other party.

  • Notwithstanding anything herein to the contrary, the ArcLight Directors may be removed only with the prior written consent of the ArcLight Member and the Magnum Hunter Directors may be removed only with the prior written consent of Magnum Hunter.

  • Any such ArcLight Offer shall be in writing and shall contain the number of Offered Units the ArcLight Member proposes to purchase, the price and other material terms on which the ArcLight Member proposes to purchase such Offered Units.

  • In the event that any portion of the MHR Commitment or the TransTex Commitment continues to remain unfunded under this Section 8.7(c) after giving effect to the immediately preceding sentence, the ArcLight Member shall have the right to fund any remaining portion of the MHR Commitment and the TransTex Commitment in exchange for new Preferred Units issued to the ArcLight Member pursuant to and in accordance with the Unit Purchase Agreement and Section 3.2(c) of this Agreement.

  • The Co-Sale Acceptance Notice shall set forth the number of Units that the ArcLight Member elects to include in the Co-Sale, which shall not exceed the ArcLight Member’s Co-Sale Allotment.

  • The rights of the ArcLight Member under this Section 4.3(a) shall terminate at such time (if ever) the ArcLight Member and all ArcLight Permitted Transferees together own Units representing less than ten percent (10%) of the then issued and outstanding Class A Common Units (determined on an as converted basis for any outstanding Units convertible into Class A Common Units).

  • The Independent Appraiser shall be instructed by the ArcLight Member and the Company to arrive at a determination of the fair market value of the Preferred Units within thirty (30) days after its appointment, which determination must be between the Initial FMV Determinations.