Examples of Inergy Partners in a sentence
Upon the termination of an Employee Member's employment with Inergy Partners, for any reason or no reason, the Employee Member shall sell and the Company shall buy such Employee Member's Interest or Interests in the Company, at a purchase price determined by a predetermined valuation formula, as set forth in Section 7.12 below, and subject to the terms and conditions set forth in Sections 7.13 and 7.14 below.
On November 5, 2010, Inergy GP, LLC, as the Managing General Partner, Inergy Partners, LLC, a Delaware limited liability company, IPCH Acquisition Corp., a Delaware corporation, and Inergy Holdings, L.P. entered into that Third Amended and Restated Agreement of Limited Partnership of the Partnership (the “Third Amended and Restated Partnership Agreement”).
The Revolving Credit Loans shall be used by the Borrower solely for purposes of: (1) the Borrower’s general working capital needs, including, without limitation, for purposes of making equity injections into Inergy Partners, LLC; (2) purchasing Common Units, Senior Subordinated Units, Junior Subordinated Units and the Borrower’s membership units; and (3) paying costs and expenses incurred in connection with the closing of the transactions contemplated by this Agreement.
Inergy Partners later amended and restated in its entirety the Limited Liability Company Agreement on September 30, 1998.
Inergy Partners and Xxxxxx Xxxxxx, individually ("Xxxxxx"), caused Inergy Propane, LLC (referred to herein as the "Company" and formerly known as XxXxxxxxx Oil & Propane Company, LLC ) to be formed as a limited liability company under the Delaware Limited Liability Company Act on October 25, 1996.
In addition, Holdings agrees to (i) exchange with Inergy the Incentive Distribution Rights and (ii) contribute to Inergy all of Holdings’ ownership interests in IPCH and Inergy Partners.
Xxxxxxx Title: President SCHEDULE A INITIAL OR RESTATED CAPITAL ACCOUNTS AND PERCENTAGE INTERESTS Initial or Common Preferred Restated Common Initial Preferred Percentage Percentage Capital Account Capital Account Interest Interest ------------------ ------------------- ----------------- -------------- Inergy Partners, LLC $ $ -0- 100% 0% Xxxxxx Oil Company of Xxxxxxxx County, Inc.
Inergy Partners, Rolesville Gas and Xxxxxx Oil amended and restated in its entirety the first amended and restated Limited Liability Company Agreement by executing a second amended and restated Limited Liability Company Agreement on September 30, 1999, to, among other things, provide for common and preferred limited liability company interests, change the name of the limited liability company to Inergy Propane, LLC and admit certain new Members to the Company.
Inergy Partners, LLC, a Delaware limited liability company, and Xxxxxx, individually, previously formed the Company as a limited liability company pursuant to the provisions of the Act by virtue of the filing of the Certificate of Formation with the Secretary of State of the State of Delaware on October 25, 1996.
Inergy GP, LLC is a Delaware limited liability company formed on March 2, 2001 to become the managing general partner of Inergy Partners, L.P. Inergy GP, LLC is a wholly-owned subsidiary of Inergy Holdings, LLC.