Common use of Redemption and Conversion Rights Clause in Contracts

Redemption and Conversion Rights. The Class K Units will be perpetual and shall not have any rights of redemption or conversion.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Energy Transfer Operating, L.P.), Limited Partnership Agreement (Energy Transfer Partners, L.P.), Second Amended and Restated Agreement of Limited Partnership (Energy Transfer Partners, L.P.)

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Redemption and Conversion Rights. The Class K B Units will be perpetual and shall not have any rights of redemption or conversion.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement (Energy Transfer LP), Amendment No. 8 to Third Amended and Restated Agreement of Limited Partnership (Energy Transfer LP)

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