Common use of Contributions by the General Partner and its Affiliates Clause in Contracts

Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution Agreement, Teekay Corporation’s 98% initial limited partner interest was converted into (A) 8,734,572 Common Units and (B) 14,734,572 Subordinated Units (as defined in the Prior Agreement).

Appears in 2 contracts

Samples: Teekay LNG Partners L.P., Teekay LNG Partners L.P.

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Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution Agreement, Teekay Corporation’s 98% initial limited partner interest was converted into (A) 8,734,572 Common Units and (B) 14,734,572 Subordinated Units (as defined in the Prior Original Agreement).

Appears in 2 contracts

Samples: Fourth (Teekay LNG Partners L.P.), Teekay LNG Partners L.P.

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Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution Agreement, Teekay Shipping Corporation’s 98% initial limited partner interest was shall be converted into (A) 8,734,572 Common Units and (B) 14,734,572 Subordinated Units (as defined in the Prior Agreement)Units.

Appears in 2 contracts

Samples: Teekay LNG Partners L.P., Teekay LNG Partners L.P.

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