Common use of Admission of Initial Limited Partners and Other Creation Basket Purchases Clause in Contracts

Admission of Initial Limited Partners and Other Creation Basket Purchases. Subject to the requirements of this Article 11, upon the issuance by the Partnership of Units to the Initial Limited Partner and any other purchasers of a Creation Basket, the General Partner shall admit the Initial Limited Partner and such other purchasers of the Creation Basket to the Partnership as Limited Partners in respect of the Units purchased.

Appears in 21 contracts

Samples: www.sec.gov, United States 12 Month Oil Fund, LP, United States Diesel-Heating Oil Fund, LP

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Admission of Initial Limited Partners and Other Creation Basket Purchases. Subject to the requirements of this Article 11, upon Upon the issuance by the Partnership of Units to the Initial Limited Partner Partners and any other purchasers purchases of a Creation Basket, the General Partner shall admit the Initial Limited Partner and such other purchasers of the Creation Basket to the Partnership as Limited Partners in respect of the Units purchased.

Appears in 6 contracts

Samples: United States Oil Fund, LP, United States Gas Fund LP, United States Oil Fund, LP

Admission of Initial Limited Partners and Other Creation Basket Purchases. Subject to the requirements of this Article Section 11, upon the issuance by the Partnership of Units to the Initial Limited Partner and any other purchasers of a Creation Basket, the General Partner shall admit the Initial Limited Partner and such other purchasers of the Creation Basket to the Partnership as Limited Partners in respect of the Units purchased.

Appears in 3 contracts

Samples: United States Natural Gas Fund, LP, Agreement of Limited Partnership (United States Natural Gas Fund, LP), United States Natural Gas Fund, LP

Admission of Initial Limited Partners and Other Creation Basket Purchases. Subject to the requirements of this Article 11Article11, upon the issuance by the Partnership of Units to the Initial Limited Partner and any other purchasers of a Creation Basket, the General Partner shall admit the Initial Limited Partner and such other purchasers of the Creation Basket to the Partnership as Limited Partners in respect of the Units purchased.

Appears in 3 contracts

Samples: United States Oil Fund, LP, United States Oil Fund, LP, United States Oil Fund, LP

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Admission of Initial Limited Partners and Other Creation Basket Purchases. Subject to the requirements of this Article 11, upon Upon the issuance by the Partnership of Units to the Initial Limited Partner and any other purchasers purchases of a Creation Basket, the General Partner shall admit the Initial Limited Partner and such other purchasers of the Creation Basket to the Partnership as Limited Partners in respect of the Units purchased.

Appears in 1 contract

Samples: Limited Partnership Agreement (United States Natural Gas Fund, LP)

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