Common use of Reclassification of Series 4 Preferred Limited Partnership Units Clause in Contracts

Reclassification of Series 4 Preferred Limited Partnership Units. In accordance with the terms and limitations of such Preferred Units, each Series 4 Preferred Limited Partnership Unit may be reclassified into a Series 3 Preferred Limited Partnership Unit. Any such Preferred Units that are reclassified into Series 3 Preferred Limited Partnership Units shall have the rights, privileges, restrictions and conditions set out herein.

Appears in 3 contracts

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

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Reclassification of Series 4 Preferred Limited Partnership Units. In accordance with the terms and limitations of such Preferred Units, each Series 4 Preferred Limited Partnership Unit may be reclassified into a Series 3 Preferred Limited Partnership Unit. Any such Preferred Units that are reclassified into Series 3 Preferred Limited Partnership Units shall have the rights, privileges, restrictions and conditions set out herein.. PART V Number and Designation of and Rights, Privileges, Restrictions and Conditions

Appears in 2 contracts

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

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