both the Series B Preferred Stock and the
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and if more than one then by the general partners jointly upon
to own interests in KUE and to engage in activities related
and being separately liable for its own debts due to third parties. However
its subsidiaries and joint ventures as designated by KULG. At each
and whether certain tax elections are made by the recipients of such interests; provided
and (b) meet the definition of ""independent director"" set forth
funding capital expenditures of subsidiaries and joint
funding operating and other expenses of KUE
pursuant to Subsections (a) and (b) in proportion as follows: (a) to the Common Limited
for the Common Limited Partners and the General Partner to receive
and the General Partner in proportion to the number of Units held
for the Common Limited Partners and the General Partner to receive
and (2) KUE or any direct or indirect subsidiary or joint venture
benefits and arrangements to the Principals that do not exceed $1 million in the aggregate