Common use of Authorization and Issuance of Partnership Securities Clause in Contracts

Authorization and Issuance of Partnership Securities. (a) On or prior to each date of the grant and issuance of Subject Units (each such date a “Settlement Date”) to the Employee pursuant to this Agreement, the Partnership shall duly authorize the issuance and delivery of such Subject Units.

Appears in 4 contracts

Samples: Employee Unitholder Agreement (Oxford Resource Partners LP), Employee Unitholder Agreement (Oxford Resource Partners LP), Employee Unitholder Agreement (Oxford Resource Partners LP)

AutoNDA by SimpleDocs

Authorization and Issuance of Partnership Securities. (a) On or prior to each date of the grant and issuance of the Subject Units (each such date a “Settlement Date”) to the Employee Director pursuant to this Agreement, the Partnership shall duly authorize the issuance and delivery of such Subject Units.

Appears in 1 contract

Samples: Director Unitholder Agreement (Oxford Resource Partners LP)

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