Common use of Liquidation Rights Clause in Contracts

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 of this Agreement, the Series 7 Holders shall be entitled to receive the Series 7 Liquidation Preference per Series 7 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 of this the Agreement, the Series 7 5 Holders shall be entitled to receive the Series 7 5 Liquidation Preference per Series 7 5 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 5 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 5 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 17.3 of this Agreement, the Series 7 13 Holders shall be entitled to receive the Series 7 13 Liquidation Preference per Series 7 13 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 13 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 13 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.2 of this the Agreement, the Series 7 14 Holders shall be entitled to receive the Series 7 14 Liquidation Preference per Series 7 14 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 14 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 14 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 14 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.3 of this the Agreement, the Series 7 3 Holders shall be entitled to receive the Series 7 3 Liquidation Preference per Series 7 3 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 3 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 3 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 3 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 of this Agreement, the Series 7 6 Holders shall be entitled to receive the Series 7 6 Liquidation Preference per Series 7 6 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 6 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 6 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.3 of this the Agreement, the Series 7 2 Holders shall be entitled to receive the Series 7 2 Liquidation Preference per Series 7 2 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 2 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 2 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 2 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 12.3 of this Agreement, the Series 7 1 Holders shall be entitled to receive the Series 7 1 Liquidation Preference per Series 7 1 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 1 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 1 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 1 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 17.3 of this Agreement, the Series 7 14 Holders shall be entitled to receive the Series 7 14 Liquidation Preference per Series 7 14 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 14 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 14 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.3 of this the Agreement, the Series 7 1 Holders shall be entitled to receive the Series 7 1 Liquidation Preference per Series 7 1 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 1 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 1 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 1 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.2 of this the Agreement, the Series 7 17 Holders shall be entitled to receive the Series 7 17 Liquidation Preference per Series 7 17 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 17 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 17 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 17 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.2 of this the Agreement, the Series 7 13 Holders shall be entitled to receive the Series 7 13 Liquidation Preference per Series 7 13 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 13 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 13 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 13 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.2 of this the Agreement, the Series 7 15 Holders shall be entitled to receive the Series 7 15 Liquidation Preference per Series 7 15 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 15 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 15 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 15 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 17.3 of this the Agreement, the Series 7 15 Holders shall be entitled to receive the Series 7 15 Liquidation Preference per Series 7 15 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 15 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 15 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 of this Agreement, the Series 7 17 Holders shall be entitled to receive the Series 7 17 Liquidation Preference per Series 7 17 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 17 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 17 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 13.2 of this the Agreement, the Series 7 16 Holders shall be entitled to receive the Series 7 16 Liquidation Preference per Series 7 16 Preferred Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 16 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Series 16 Junior Securities. Upon payment of such amountsthe amounts set forth in the immediately preceding sentence, the Series 7 16 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

Liquidation Rights. In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 16.2 17.3 of this the Agreement, the Series 7 16 Holders shall be entitled to receive the Series 7 16 Liquidation Preference per Series 7 16 Unit held by them, together with all accrued (whether or not declared) and unpaid Series 7 16 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Series 7 16 Holders shall not be entitled to share in any further distribution of the assets of the Partnership.