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: Limited Partnership Agreement (Altera Infrastructure L.P.), Limited Partnership Agreement (Navios Maritime Midstream Partners LP), Limited Partnership Agreement

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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 11 contracts

Samples: Limited Partnership Agreement (Teekay LNG Partners L.P.), Exchange Agreement (Teekay Corp), Agreement of Limited Partnership (Teekay LNG 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 5.4 without the approval of the Limited Partners; provided, however, that no fractional units shall be issued by the Partnership.

Appears in 2 contracts

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

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