No Restrictions on Distributions. None of the Partnership Entities is a party to or otherwise bound by any instrument or agreement that limits or prohibits or could limit or prohibit, directly or indirectly, the Partnership from redeeming the Purchased Units pursuant to their terms or making distributions on the Purchased Units or the Conversion Units, and no Partnership Entity is a party to or otherwise bound by any instrument or agreement that limits or prohibits or could limit or prohibit, directly or indirectly, any Partnership Entity from making distributions on its limited or general partnership interests, limited liability company interests, or other equity interest, as the case may be, except in each case (a) pursuant to the Credit Agreement, (b) for prohibitions mandated by the Laws of the jurisdiction of formation of such Subsidiary and (c) as described in the SEC Documents.
Appears in 5 contracts
Samples: Class B Convertible Preferred Unit Purchase Agreement (Mid-Con Energy Partners, LP), Class B Convertible Preferred Unit Purchase Agreement (Mid-Con Energy Partners, LP), Class a Convertible Preferred Unit Purchase Agreement (Gainsco Inc)
