Common use of Reclassification of Series 6 Preferred Limited Partnership Units Clause in Contracts

Reclassification of Series 6 Preferred Limited Partnership Units. In accordance with the terms and limitations of such Preferred Units, each Series 6 Preferred Limited Partnership Unit may be reclassified into a Series 5 Preferred Limited Partnership Unit. Any such Preferred Units that are reclassified into Series 5 Preferred Limited Partnership Units shall have the rights, privileges, restrictions and conditions set out herein. PART VIII Number and Designation of and Rights, Privileges, Restrictions and Conditions Attaching to the Cumulative Class A Preferred Limited Partnership Units, Series 7 The seventh series of Class A Preferred Limited Partnership Units of the Partnership shall consist of 12,000,000 preferred limited partnership interests designated as Cumulative Class A Preferred Limited Partnership Units, Series 7 (the “Series 7 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 7 Preferred Limited Partnership Unit Provisions”):

Appears in 2 contracts

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

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Reclassification of Series 6 Preferred Limited Partnership Units. In accordance with the terms and limitations of such Preferred Units, each Series 6 Preferred Limited Partnership Unit may be reclassified into a Series 5 Preferred Limited Partnership Unit. Any such Preferred Units that are reclassified into Series 5 Preferred Limited Partnership Units shall have the rights, privileges, restrictions and conditions set out herein. PART VIII VII Number and Designation of and Rights, Privileges, Restrictions and Conditions Attaching to the Cumulative Class A Preferred Limited Partnership Units, Series 7 6 The seventh sixth series of Class A Preferred Limited Partnership Units of the Partnership shall consist of 12,000,000 10,000,000 preferred limited partnership interests designated as Cumulative Class A Preferred Limited Partnership Units, Series 7 6 (the “Series 7 6 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 7 6 Preferred Limited Partnership Unit Provisions”):

Appears in 2 contracts

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

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