Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units or Preference Units to the Underwriters as described in Section 4.3(b) and the execution by each such party of a Transfer Application, the General Partner shall admit the Underwriters to the Partnership as Initial Limited Partners in respect of the Units.
Appears in 3 contracts
Samples: Limited Partnership Agreement (El Paso Corp/De), Limited Partnership Agreement (El Paso Energy Partners Lp), Limited Partnership Agreement (Gulfterra Energy Partners L P)
Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units or Preference Units to the Underwriters as described in Section 4.3(b) 5.3 in connection with the Initial Offering and the execution by each such party Underwriter of a Transfer Application, the General Partner shall admit admitted the Underwriters to the Partnership as Initial Limited Partners in respect of the UnitsCommon Units purchased by them.
Appears in 1 contract
Samples: Limited Partnership Agreement (Energy Transfer Partners, L.P.)
Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units or Preference Units to the Underwriters as described in Section 4.3(b) 5.3 in connection with the Initial Offering and the execution by each such party Underwriter of a Transfer Application, the General Partner shall admit the Underwriters to the Partnership as Initial Limited Partners in respect of the UnitsCommon Units purchased by them.
Appears in 1 contract
Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units or Preference Units to the Underwriters or their designee(s) as described in Section 4.3(b) and 5.3 in connection with the execution by each such party of a Transfer ApplicationInitial Offering, the General Partner shall admit the Underwriters such parties to the Partnership as Initial Limited Partners in respect of the UnitsCommon Units issued to them.
Appears in 1 contract
Samples: Limited Partnership Agreement (Blackstone Group L.P.)
Admission of Initial Limited Partners. Upon the issuance by the Partnership of Common Units or Preference Units to the Underwriters as described in Section 4.3(b) and the execution by each such party of a Transfer Application, the General Partner shall admit the Underwriters to the Partnership as Initial Limited Partners in respect of the Units.
Appears in 1 contract
Samples: Limited Partnership Agreement (New York Oil ETF, LP)
Admission of Initial Limited Partners. Upon Effective upon the issuance by the Partnership of Class A Common Units or Preference Units to the Underwriters or their designee(s) as described in Section 4.3(b) and 5.3 in connection with the execution by each such party of a Transfer ApplicationInitial Offering, the General Partner shall admit the Underwriters hereby admits such parties to the Partnership as Initial Limited Partners in respect of the UnitsClass A Common Units issued to them.
Appears in 1 contract
