Common use of Fully Paid and Non-Assessable Nature of Units Clause in Contracts

Fully Paid and Non-Assessable Nature of Units. All Units issued pursuant to, and in accordance with the requirements of this Article 3 shall be fully paid and non-assessable Units in the Partnership.

Appears in 32 contracts

Samples: Limited Partnership Agreement (Brookfield Renewable Partners L.P.), Limited Partnership Agreement (Brookfield Business Partners L.P.), Limited Partnership Agreement

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Fully Paid and Non-Assessable Nature of Units. All Units issued pursuant to, and in accordance with with, the requirements of this Article 3 shall be fully paid and non-assessable Units in the Partnership.

Appears in 9 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (BPY Bermuda Holdings IV LTD), Limited Partnership Agreement (Brookfield Business Partners L.P.)

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Fully Paid and Non-Assessable Nature of Units. All Units issued pursuant to, and in accordance with the requirements of of, this Article 3 ARTICLE IV shall be validly issued, fully paid and non-assessable Units in the PartnershipPartnership in accordance with the Act.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Wealthcasa Capital Fund, LP), Limited Partnership Agreement (UC Asset LP), Limited Partnership Agreement (UC Asset LP)

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