Examples of SXE Partnership Agreement in a sentence
The authorized Equity Interest of SXE is as set forth in the SXE Partnership Agreement.
The action of the SXE GP Board in approving this Agreement and the transactions contemplated hereby is sufficient to render inapplicable to this Agreement and the transactions contemplated hereby any state takeover laws and any applicable provision of the SXE Partnership Agreement.
No Appraisal Rights (see page 100)Appraisal rights are not available in connection with the Merger under the Delaware LP Act or under the SXE Partnership Agreement.
At the Effective Time, by virtue of the Merger and without any action on the part of SXE GP, AMID GP or their respective members, (i) the SXE Partnership Agreement shall remain unchanged and shall continue in effect until thereafter changed or amended as provided therein or by applicable Law and (ii) all limited partners of SXE immediately prior to the Effective Time shall simultaneously cease to be limited partners of SXE.
SXE GP is the sole record and beneficial owner of the SXE General Partner Interest, and such SXE General Partner Interest has been duly authorized and validly issued in accordance with applicable Law and the SXE Partnership Agreement.
SXE has made available to AMID correct and complete copies of its certificate of limited partnership and the SXE Partnership Agreement (the “ SXE Charter Documents ”), and correct and complete copies of the comparable organizational documents of each of its material Subsidiaries (the “ SXE Subsidiary Documents ”), in each case as amended to the date of this Agreement.
In connection with the condition imposed by this Section 2.5(b)(ii), SXE GP may take whatever steps are required to provide economic uniformity to each such Common Unit comprising part of the Unit Consideration, including the application of Section 6.1(d)(x)(D) of the SXE Partnership Agreement.
The SXE Partnership Agreement does not allow additional Class B Convertible Units (other than Class B PIK Units) to be issued without the prior approval of SXE’s General Partner and the holders of a majority of the outstanding Class B Convertible Units.
Southcross shall promptly (and in no event later than five Business Days following the date hereof) cause SXE to take such actions as may be necessary to comply with the terms and provisions of Section 5.12(b)(viii)(E) of the SXE Partnership Agreement to effect the Series A Change of Control Offer and thereafter to consummate the transactions contemplated thereby, in each case, in accordance with the terms and conditions of the SXE Partnership Agreement.