Common use of Citizenship Certificates; Non-citizen Assignees Clause in Contracts

Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, or local law or regulation that the General Partner determines would create a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, upon receipt of such Citizenship Certification or other requested information, the General Partner determines that a Limited Partner is not an Eligible Citizen, the Limited Partner Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.10. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s Limited Partner Interests.

Appears in 3 contracts

Samples: Partnership Agreement (DCP Midstream, LP), Equity Restructuring Agreement (DCP Midstream, LP), Partnership Agreement (DCP Midstream, LP)

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Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, state or local law or regulation that the General Partner determines would create a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines that a Limited Partner is not an Eligible Citizen, the Limited Partner Partnership Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.104.8. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s his Limited Partner Interests.

Appears in 2 contracts

Samples: Atlas Energy, L.P., Atlas Pipeline Holdings, L.P.

Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, or local law or regulation that that, in the determination of the General Partner determines would create in its sole discretion, creates a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his or her nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines determines, with the advice of counsel, that a Limited Partner is not an Eligible Citizen, the Limited Partner Partnership Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.104.9. In addition, the The General Partner also may require in its sole discretion that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s his or her Limited Partner Interests.

Appears in 2 contracts

Samples: Ares Management Lp, Agreement (Ares Management Lp)

Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, state or local law or regulation that that, in the determination of the General Partner determines would create Partner, creates a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines determines, with the advice of counsel, that a Limited Partner is not an Eligible Citizen, the Limited Partner Partnership Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.104.9. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s his Limited Partner Interests.

Appears in 2 contracts

Samples: Magellan Midstream Holdings Lp, Buckeye GP Holdings L.P.

Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, state or local law or regulation that the General Partner determines would create a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines that a Limited Partner is not an Eligible Citizen, the Limited Partner Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.10. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Citizen Assignee’s 's Limited Partner Interests.

Appears in 1 contract

Samples: TransMontaigne Partners L.P.

Citizenship Certificates; Non-citizen Assignees. (a) 4.8.1 If any Group Member is or becomes subject to any federal, state, or local law or regulation that that, in the determination of the General Partner determines would create in its sole discretion, creates a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines determines, with the advice of counsel, that a Limited Partner is not an Eligible Citizen, the Limited Partner Partnership Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.104.9. In addition, the The General Partner also may require in its sole discretion that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s his Limited Partner Interests.

Appears in 1 contract

Samples: Agreement (AWA Group LP)

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Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, or local law or regulation that the General Partner determines would create a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his its nationality, citizenship, or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, upon receipt of such Citizenship Certification or other requested information, the General Partner determines that a Limited Partner is not an Eligible Citizen, the Limited Partner Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.104.9. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s Limited Partner Interests.

Appears in 1 contract

Samples: Joinder Agreement (DCP Midstream, LP)

Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, state or local law or regulation that the General Partner determines would create a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such other Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines that a Limited Partner is not an Eligible Citizen, the Limited Partner Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.10. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s Limited Partner InterestsInterests and shall vote such Limited Partner Interests in accordance with Section 4.9(d).

Appears in 1 contract

Samples: Agreement (Oxford Resource Partners LP)

Citizenship Certificates; Non-citizen Assignees. (a) If any Group Member is or becomes subject to any federal, state, state or local law or regulation that the General Partner determines would create a substantial risk of cancellation or forfeiture of any property in which the Group Member has an interest based on the nationality, citizenship or other related status of a Limited Partner, the General Partner may - 24 - Alliance Holdings GP, L.P. request any Limited Partner to furnish to the General Partner, within 30 days after receipt of such request, an executed Citizenship Certification or such other information concerning his nationality, citizenship, citizenship or other related status (or, if the Limited Partner is a nominee holding for the account of another Person, the nationality, citizenship, citizenship or other related status of such Person) as the General Partner may request. If a Limited Partner fails to furnish to the General Partner within the aforementioned 30-day period such Citizenship Certification or other requested information or if, if upon receipt of such Citizenship Certification or other requested information, information the General Partner determines that a Limited Partner is not an Eligible Citizen, the Limited Partner Partnership Interests owned by such Limited Partner shall be subject to redemption in accordance with the provisions of Section 4.104.9. In addition, the General Partner may require that the status of any such Limited Partner be changed to that of a Non-citizen Assignee and, thereupon, the General Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of the Non-citizen Assignee’s his Limited Partner Interests.

Appears in 1 contract

Samples: Alliance Holdings GP, L.P.

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