Redemption of Partnership Interests of Ineligible Holders. (a) If at any time a Limited Partner or Assignee fails to furnish an Eligibility Certification or other information requested within the time period specified in Section 4.8(a) or in amendments adopted pursuant to Section 4.8(b) or in a Transfer Application, or if upon receipt of such Eligibility Certification, Transfer Application or other information, the General Partner determines, with the advice of counsel, that a Limited Partner or Assignee is an Ineligible Holder, the Partnership may, unless the Limited Partner or Assignee establishes to the satisfaction of the General Partner that such Limited Partner or Assignee is not an Ineligible Holder or has transferred his Limited Partner Interests to a Person who is an Eligible Holder and who furnishes an Eligibility Certification, Transfer Application or other information, as the case may be, to the General Partner prior to the date fixed for redemption as provided below, redeem the Limited Partner Interest of such Limited Partner or Assignee as follows:
Appears in 5 contracts
Samples: Partnership Agreement (Rhino Resource Partners LP), Royal Energy Resources, Inc., Rhino Resource Partners LP
