Common use of Nature of Limited Partner Interests Clause in Contracts

Nature of Limited Partner Interests. All Limited Partner Interests issued pursuant to, and in accordance with the requirements of, this Article V shall be fully paid and non-assessable Limited Partner Interests in the Partnership, except as such non-assessability may be affected by the Xxxxxxxx Islands Act.

Appears in 8 contracts

Samples: Limited Partnership Agreement (Dynagas LNG Partners LP), Limited Partnership Agreement (KNOT Offshore Partners LP), Limited Partnership Agreement (Teekay Offshore Partners L.P.)

AutoNDA by SimpleDocs

Nature of Limited Partner Interests. All Limited Partner Interests issued pursuant to, and in accordance with the requirements of, this Article V shall be fully paid and non-assessable Limited Partner Interests in the Partnership, except as such non-assessability may be affected by Section 51 of the Xxxxxxxx Islands Act.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Teekay Corp), Limited Partnership Agreement (Teekay LNG Partners L.P.), Agreement of Limited Partnership (Teekay LNG Partners L.P.)

Nature of Limited Partner Interests. All Limited Partner Interests issued pursuant to, and in accordance with the requirements of, this Article V shall be fully paid and non-assessable Limited Partner Interests in the Partnership, except as such non-assessability may be affected by the Xxxxxxxx Islands Act.,

Appears in 1 contract

Samples: Limited Partnership Agreement

AutoNDA by SimpleDocs

Nature of Limited Partner Interests. All Limited Partner Interests issued pursuant to, and in accordance with the requirements of, this Article V shall be fully paid and non-non- assessable Limited Partner Interests in the Partnership, except as such non-assessability may be affected by the Xxxxxxxx Islands Act.

Appears in 1 contract

Samples: Limited Partnership Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!