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

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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: Teekay Corp, Teekay LNG Partners L.P., 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: www.lw.com

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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: www.lw.com

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