Common use of Reclassification of Series 10 Preferred Limited Partnership Units Clause in Contracts

Reclassification of Series 10 Preferred Limited Partnership Units. In accordance with the terms and limitations of such Preferred Units, each Series 10 Preferred Limited Partnership Unit may be reclassified into a Series 9 Preferred Limited Partnership Unit. Any such Preferred Units that are reclassified into Series 9 Preferred Limited Partnership Units shall have the rights, privileges, restrictions and conditions set out herein. The fifth series of Class A Preferred Limited Partnership Units of the Partnership shall consist of 8,000,000 preferred limited partnership interests designated as Class A Preferred Limited Partnership Units, Series 10 (the “Series 10 Preferred Limited Partnership Units”) and, in addition to the rights, privileges, restrictions and conditions attaching to the Class A Preferred Limited Partnership Units as a class, shall have attached thereto the following rights, privileges, restrictions and conditions (the “Series 10 Preferred Limited Partnership Unit Provisions”):

Appears in 3 contracts

Samples: Limited Partnership Agreement (Brookfield Renewable Partners L.P.), Limited Partnership Agreement (Brookfield Renewable Partners L.P.), Fourth Amended and Restated Limited Partnership Agreement

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Reclassification of Series 10 Preferred Limited Partnership Units. In accordance with the terms and limitations of such Preferred Units, each Series 10 Preferred Limited Partnership Unit may be reclassified into a Series 9 Preferred Limited Partnership Unit. Any such Preferred Units that are reclassified into Series 9 Preferred Limited Partnership Units shall have the rights, privileges, restrictions and conditions set out herein. The fifth tenth series of Class A Preferred Limited Partnership Units of the Partnership shall consist of 8,000,000 preferred limited partnership interests designated as Cumulative Class A Preferred Limited Partnership Units, Series 10 (the “Series 10 Preferred Limited Partnership Units”) and, in addition to the rights, privileges, restrictions and conditions attaching to the Class A Preferred Limited Partnership Units as a class, shall have attached thereto the following rights, privileges, restrictions and conditions (the “Series 10 Preferred Limited Partnership Unit Provisions”):

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

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