Admission of Initial Limited Partners. Upon the issuance by the Partnership of Partnership Securities to the General Partner, Teekay Corporation and the Underwriters as described in Sections 5.1(b), 5.2 and 5.3, the General Partner shall admit such parties to the Partnership as Initial Limited Partners in respect of the Partnership Securities issued to them.
Appears in 7 contracts
Samples: Unit and Warrant Purchase Agreement (Teekay Offshore Partners L.P.), Agreement (Teekay Offshore Partners L.P.), Agreement (Teekay Offshore Partners L.P.)
Admission of Initial Limited Partners. Upon the issuance by the Partnership of Partnership Securities to the General Partner, Teekay Corporation and the Underwriters as described in Sections 5.1(b), 5.2 and 5.35.3 in connection with the Initial Offering, the General Partner shall admit admitted such parties to the Partnership as Initial Limited Partners in respect of the Partnership Securities issued to them.
Appears in 5 contracts
Samples: Fourth (Teekay LNG Partners L.P.), www.sec.gov, Teekay LNG Partners L.P.
Admission of Initial Limited Partners. Upon the issuance by the Partnership of Partnership Securities to the General Partner, Teekay Corporation and the Underwriters as described in Sections 5.1(b), 5.2 and 5.3, the General Partner shall admit admitted such parties to the Partnership as Initial Limited Partners in respect of the Partnership Securities issued to them.
Appears in 2 contracts
Samples: www.sec.gov, Teekay Offshore Partners L.P.
