Common use of Issuances of Additional Partnership Interests Clause in Contracts

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.13, the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 4 contracts

Samples: Partnership Agreement (NGL Energy Partners LP), Purchase Agreement (NGL Energy Partners LP), Purchase Agreement (NGL Energy Partners LP)

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Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.135.12(b)(ii)(B)(2), the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 2 contracts

Samples: Rhino Resource Partners LP, Royal Energy Resources, Inc.

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.13, the The Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in pursuant to Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 2 contracts

Samples: Agreement (Paa Natural Gas Storage Lp), Paa Natural Gas Storage Lp

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.13, the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 2 contracts

Samples: Partnership Agreement (NGL Energy Partners LP), www.sec.gov

Issuances of Additional Partnership Interests. (a) 3.4.1. Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.13any approval required by applicable Law, the Partnership may issue additional Partnership Interests (including new classes of Partnership Interests) and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose (including in connection with any distribution reinvestment plan and any payment of an Incentive Distribution pursuant to Section 5.5) at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determinedetermine in its sole discretion, all without the approval of any Limited Partners.

Appears in 2 contracts

Samples: Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (BRP Bermuda Holdings I LTD)

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.115.12(b)(iv)(B), Section 5.12 5.14(b)(iv) and Section 5.135.15(b)(ii)(C), the Partnership may issue additional Partnership Interests (other than General Partner Interests) and options, rights, warrants and appreciation rights relating to the Derivative Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 2 contracts

Samples: Agreement (MPLX Lp), Andx Merger Agreement (MPLX Lp)

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.115.12, Section 5.12 5.13 and Section 5.135.14, the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 1 contract

Samples: Partnership Agreement (NGL Energy Partners LP)

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.13, the The Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.. XXXXXXXX PARTNERS L.P. SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Williams Partners L.P.

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Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.13, 5.9(d) the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner in its sole discretion shall determine, all without the approval of any Limited Partners.

Appears in 1 contract

Samples: Sanchez Midstream Partners LP

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in any approvals required by Section 5.11, Section 5.12 and Section 5.135.12(c)(ii), the Partnership may issue additional Partnership Interests (other than General Partner Interests (except for General Partner Interests issued pursuant to Section 5.2)) and options, rights, warrants and appreciation rights relating to the Derivative Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 1 contract

Samples: Summit Midstream Partners, LP

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in Section 5.11, Section 5.12 5.14(b)(iv) and Section 5.135.15(b)(ii)(C), the Partnership may issue additional Partnership Interests (other than General Partner Interests) and options, rights, warrants and appreciation rights relating to the Derivative Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 1 contract

Samples: MPLX Lp

Issuances of Additional Partnership Interests. (a) Subject to the restrictions set forth in any approvals required by Section 5.11, Section 5.12 and Section 5.135.12(b)(iii), the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners.

Appears in 1 contract

Samples: CSI Compressco LP

Issuances of Additional Partnership Interests. (a) Subject a)Subject to the restrictions set forth in Section 5.11, Section 5.12 and Section 5.135.10(e), the Partnership may issue additional Partnership Interests and options, rights, warrants and appreciation rights relating to the Partnership Interests (including as described in Section 7.4(c)) for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner in its sole discretion shall determine, all without the approval of any Limited Partners.

Appears in 1 contract

Samples: Sanchez Production Partners LP

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