Common use of No Fractional Trust Units Clause in Contracts

No Fractional Trust Units. Fractions of Trust Units shall not be issued, except pursuant to distributions of additional Trust Units to all Unitholders pursuant to Section 5.8.

Appears in 4 contracts

Samples: Trust Indenture (Canetic Resources Trust), Trust Indenture (Harvest Energy Trust), Trust Indenture (Harvest Energy Trust)

AutoNDA by SimpleDocs

No Fractional Trust Units. Fractions of Trust Units shall not be issued, except pursuant to distributions of additional Trust Units to all Unitholders pursuant to Section 5.85.9.

Appears in 1 contract

Samples: Trust Indenture (Baytex Energy Trust)

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