Common use of Meetings of Unit Holders Clause in Contracts

Meetings of Unit Holders. The General Partner may at any time call a meeting of the Unit Holders or for a vote, without a meeting, of the Unit Holders on matters upon which the Unit Holders are entitled to provide their Consent, and shall call for such a meeting or vote upon receipt by the General Partner of a request therefor made by Unit Holders owning at least 10% of the outstanding Units as of the date of receipt of such request. Within 15 days of the receipt of the request, the General Partner shall notify all Unit Holders of record as of the date set by the General Partner (which date shall be not less than 10 days and not more than 60 days prior to the date set for the meeting or consent) as to the time and place of the meeting, if called, and the general nature of the business to be transacted thereat, or if no such meeting has been called, of the matter or matters to be voted upon and the date upon which the votes will be counted. The date of any meeting of Unit Holders or the date upon which such votes, without a meeting, will be counted (regardless of whether the General Partner has called for such meeting or vote upon the request of Unit Holders or has initiated such event without such request) shall be not less than 30 or more than 60 days following mailing of the Notification thereof by the General Partner. Units held by the General Partner and its Affiliates may not be voted by them. All expenses of the meetings, voting and such Notification shall be borne by the Partnership.

Meetings of Unit Holders. The General Partner may at any time call a meeting of the Unit Holders or for a vote, without a meeting, of the Unit Holders on matters upon which the Unit Holders are entitled to provide their Consent, and shall call for such a meeting or vote upon receipt by the General Partner of a request therefor made by Unit Holders owning at least 10% of the outstanding Units as of the date of receipt of such request. Within 15 days of the receipt of the request, the General Partner shall notify provide Notification to all Unit Holders of record as of the date set by the General Partner (which date shall be not less than 10 days and not more than 60 days prior to the date set for the meeting or consentConsent) as to the time and place of the meeting, if called, and the general nature of the business to be transacted thereat, or if no such meeting has been called, of the matter or matters to be voted upon and the date upon which the votes will be counted. The date of any meeting of Unit Holders or the date upon which such votes, without a meeting, will be counted (regardless of whether the General Partner has called for such meeting or vote upon the request of Unit Holders or has initiated such event without such request) shall be not less than 30 or more than 60 days following mailing of the Notification thereof by the General Partner; provided, however, that the date for Notification of such meeting or vote may be extended for a period of up to 60 days, ~ in the opinion of the General Partner such additional time is necessary to permit preparation of proxy or information statements or other documents required to be delivered in connection with such meeting or vote by the Securities and Exchange Commission or other regulatory authorities. All expenses of the meetings, voting, and such Notification shall be borne by the Partnership. The presence, in person or by proxy, of Unit Holders owning more than 50% of the outstanding Units of the Partnership shall be necessary to constitute a quorum for the transaction of business at such meeting. Units held by the General Partner and its Affiliates may not be voted by them. All expenses of the meetings, voting and such Notification shall be borne by the Partnership.