Common use of Limitations on Issuance of Additional Partnership Securities Clause in Contracts

Limitations on Issuance of Additional Partnership Securities. The Partnership may issue an unlimited number of Partnership Securities (or options, rights, warrants or appreciation rights related thereto) pursuant to Section 5.5 without the approval of the Limited Partners; provided, however, that no fractional units shall be issued by the Partnership.

Appears in 20 contracts

Samples: Unit and Warrant Purchase Agreement (Teekay Offshore Partners L.P.), Altera Infrastructure L.P., Agreement (Teekay Offshore Partners L.P.)

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Limitations on Issuance of Additional Partnership Securities. The Partnership may issue an unlimited number of Partnership Securities (or options, rights, warrants or appreciation rights related thereto) pursuant to Section 5.5 5.6 without the approval of the Limited Partners; provided, however, that no fractional units shall be issued by the Partnership.

Appears in 10 contracts

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

Limitations on Issuance of Additional Partnership Securities. The Partnership may issue an unlimited number of Partnership Securities (or options, rights, warrants or appreciation rights related thereto) pursuant to Section 5.5 5.4 without the approval of the Limited Partners; provided, however, that no fractional units shall be issued by the Partnership.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Containers L.P.), Agreement (Navios Maritime Containers Inc.)

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Limitations on Issuance of Additional Partnership Securities. The Partnership may issue an unlimited number of Partnership Securities (or options, rights, warrants or appreciation rights related thereto) pursuant to Section 5.5 5.6 without the approval of the Limited Partners; provided, however, that no fractional units shall be issued by the Partnership.. Section 5.8

Appears in 1 contract

Samples: Exchange Agreement (Teekay Corp)

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