AMERICAN MIDSTREAM PARTNERS, LP (NYSE:AMID) Files An 8-K Entry into a Material Definitive Agreement

AMERICAN MIDSTREAM PARTNERS, LP (NYSE:AMID) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

the Make Whole Premium (as defined in the Indenture) at the redemption date, plus
accrued and unpaid interest, if any, to the redemption date (subject to the right of holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the redemption date).
failure by the Partnership for 180 days after notice to comply with its reporting obligations under the Indenture;
failure by the Partnership for 60 days after notice to comply with any of the other agreements in the Indenture;
default under any mortgage, indenture or instrument governing any indebtedness for money borrowed or guaranteed by the Partnership or any of its restricted subsidiaries, if such default: (i)is caused by a failure to pay principal, interest or premium, if any, on said indebtedness within any applicable grace period; or (ii)results in the acceleration of such indebtedness prior to its stated maturity, and, in each case, the principal amount of the indebtedness, together with the principal amount of any other such indebtedness under which there has been a payment default or acceleration of maturity, aggregates $25.0million or more, subject to a cure provision;
failure by the Partnership or any of its restricted subsidiaries to pay finalnon-appealeablejudgments aggregating in excess of $25.0million, which judgments are not paid, discharged or stayed for a period of 60 days;
any guarantee is held in any judicial proceeding to be unenforceable or invalid, or ceases for any reason to be in full force and effect, or any Guarantor, or any person acting on behalf of any Guarantor, denies or disaffirms its obligations under its guarantee; and
certain events of bankruptcy or insolvency described in the Indenture with respect to the Partnership, or any of the Partnership’s restricted subsidiaries that is a significant subsidiary or any group of its restricted subsidiaries that, taken as a whole, would constitute a significant subsidiary of the Partnership.
Story continues below

6


American Midstream Partners, LP Exhibit
EX-4.1 2 d494021dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Execution Version AMERICAN MIDSTREAM PARTNERS,…
To view the full exhibit click here

About AMERICAN MIDSTREAM PARTNERS, LP (NYSE:AMID)

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company is engaged in the business of gathering, treating, processing and transporting natural gas; gathering, transporting, storing, treating and fractionating natural gas liquids (NGLs); gathering, storing and transporting crude oil and condensates, and storing specialty chemical products. It operates through three segments: Gathering and Processing, Transmission and Terminals. The Gathering and Processing Segment consists of midstream natural gas systems that provide services, such as gathering, compression, treating, processing, fractionating, transportation, and sale of natural gas, NGLs and condensate. Its Transmission Segment consists of interstate and intrastate pipelines that transport natural gas from interconnection points on other pipelines or production points to customers. Its Terminals segment provides above-ground storage services at its marine terminals.

An ad to help with our costs
/* */ // AST – IMS - [MarketExclusive_ROS]