Common use of Purchase or Sale of Partnership Securities Clause in Contracts

Purchase or Sale of Partnership Securities. Subject to Section 16.5, the General Partner may cause the Partnership to purchase or otherwise acquire Partnership Securities. As long as Partnership Securities are held by any Group Member, such Partnership Securities shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Securities for its own account, subject to the provisions of Articles IV, X and XVI.

Appears in 1 contract

Samples: NuStar Energy L.P.

AutoNDA by SimpleDocs

Purchase or Sale of Partnership Securities. Subject to Section 16.516.6(g), the General Partner may cause the Partnership to purchase or otherwise acquire Partnership Securities. As long as Partnership Securities are held by any Group Member, such Partnership Securities shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Securities for its own account, subject to the provisions of Articles IV, IV and X and XVI.Section 16.6(g). Section 7.12

Appears in 1 contract

Samples: Exchange Agreement (Teekay Corp)

Purchase or Sale of Partnership Securities. Subject to Section 16.516.5 and Section 17.5, the General Partner may cause the Partnership to purchase or otherwise acquire Partnership Securities. As long as Partnership Securities are held by any Group Member, such Partnership Securities shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Securities for its own account, subject to the provisions of Articles IV, X X, XVI and XVIXVII.

Appears in 1 contract

Samples: NuStar Energy L.P.

AutoNDA by SimpleDocs

Purchase or Sale of Partnership Securities. Subject to Section 16.516.6(f), the General Partner may cause the Partnership to purchase or otherwise acquire Partnership Securities. As long as Partnership Securities are held by any Group Member, such Partnership Securities shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Securities for its own account, subject to the provisions of Articles IV, IV and X and XVISection 16.6(f). Section 7.12 Registration Rights of the General Partner and its Affiliates.

Appears in 1 contract

Samples: www.lw.com

Time is Money Join Law Insider Premium to draft better contracts faster.