Examples of Preferred Restructuring Agreement in a sentence
This Joinder Agreement is executed by the undersigned pursuant to the Preferred Restructuring Agreement, dated as of February [●], 2020 (the “Agreement”), by and among Equitrans Midstream Corporation, a Pennsylvania corporation (the “Company”), EQM Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), and the investors party thereto (the “Investors”), which is incorporated herein by reference.
Xxxxxx Title: Manager Exhibit A Form of Registration Rights Agreement [See attached.] Exhibit A Preferred Restructuring Agreement EQUITRANS MIDSTREAM CORPORATION and THE PURCHASERS NAMED ON SCHEDULE A HERETO FORM OF REGISTRATION RIGHTS AGREEMENT Dated [ · ], 2020 TABLE OF CONTENTS ARTICLE I.
Pursuant to the terms of the Preferred Restructuring Agreement, 12,302,650 Series A Preferred Units shall be redeemed by the Partnership for cash at a price per Series A Preferred Unit as provided in the Preferred Restructuring Agreement and each of the remaining Series A Preferred Units shall be exchanged for one Series A Preferred Share, which Series A Preferred Shares will be duly authorized, validly issued, fully paid and non-assessable in accordance with applicable Laws.
Pursuant to the Preferred Restructuring Agreement and the Amended and Restated Board Representation Agreement to be entered into upon consummation of the Merger, Mr. Ortega or another designee of TPG will be appointed as a member of the ENLC Board.
Capitalized terms used but not defined herein are used as defined in the Preferred Restructuring Agreement.
See "The Preferred Restructuring Agreement" for a description of the treatment of the ENLK Series B Units in connection with the Transactions.
On January 25, 2019, in connection with the consummation of the Merger (the “Closing”), and pursuant to the Preferred Restructuring Agreement, ENLC entered into the Amended and Restated Board Representation Agreement (the “Amended Board Representation Agreement”), with the Manager, GIP III Stetson I, L.P., in its capacity as the sole member of the Manager (“GIP”), and TPG.
Preferred Restructuring Agreement, dated as of October 21, 2018, by and among Enfield Holdings, L.P., TPG VII Management, LLC, WSEP Egypt Holdings, LP, WSIP Egypt Holdings, LP, EnLink Midstream, LLC, EnLink Midstream Manager, LLC, EnLink Midstream Partners, LP, and EnLink Midstream GP, LLC (incorporated by reference to Exhibit 10.4 to the Issuer’s Current Report on Form 8-K filed on October 22, 2018).
The “Closing” (as defined in the Preferred Restructuring Agreement) shall have occurred, or shall occur concurrently with the Closing, in accordance with the terms of the Preferred Restructuring Agreement.
As previously reported, on October 21, 2018, ENLC entered into a Preferred Restructuring Agreement (the “Preferred Restructuring Agreement”) with the Manager, ENLK, the General Partner, Enfield Holdings, L.P. (“Enfield”), TPG VII Management, LLC (“TPG”), WSEP Egypt Holdings, LP, and WSIP Egypt Holdings, LP.