Common use of Admission of Initial Limited Partners Clause in Contracts

Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units, Subordinated Units and Incentive Distribution Rights to the General Partner, XXX, Xxxxxxxx Energy, L.L.C., Xxxxxxxx Discovery Pipeline LLC, Xxxxxxxx Partners Holdings LLC and the Underwriters as described in Section 5.2 and Section 5.3 in connection with the Initial Offering, the General Partner shall admit such parties to the Partnership as Initial Limited Partners in respect of the Common Units, Subordinated Units or Incentive Distribution Rights issued to them.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Williams Partners L.P.), Limited Partnership Agreement (Williams Partners L.P.), Limited Partnership Agreement (Williams Partners L.P.)

AutoNDA by SimpleDocs

Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units, Subordinated Units and Incentive Distribution Rights to the General Partner, XXXWXX, Xxxxxxxx Wxxxxxxx Energy, L.L.C., Xxxxxxxx Wxxxxxxx Discovery Pipeline LLC, Xxxxxxxx Wxxxxxxx Partners Holdings LLC and the Underwriters as described in Section 5.2 and Section 5.3 in connection with the Initial Offering, the General Partner shall admit such parties to the Partnership as Initial Limited Partners in respect of the Common Units, Subordinated Units or Incentive Distribution Rights issued to them.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Williams Partners Finance Corp), Agreement of Limited Partnership (Williams Partners L.P.), Limited Partnership Agreement (Williams Partners L.P.)

AutoNDA by SimpleDocs

Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units, Subordinated Units and Incentive Distribution Rights to the General Partner, XXXWES, Xxxxxxxx Williams Energy, L.L.C.X.L.X., Xxxxxxxx Xxxliams Discovery Pipeline Pxxxxxxx LLC, Xxxxxxxx Williams Partners Holdings LLC Hoxxxxxx XLC and the Underwriters as described in Section 5.2 and Section 5.3 in connection with the Initial Offering, the General Partner shall admit such parties to the Partnership as Initial Limited Partners in respect of the Common Units, Subordinated Units or Incentive Distribution Rights issued to them.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Williams Partners L.P.), Agreement of Limited Partnership (Williams Partners L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!