Restrictions on Transfers. Notwithstanding the other provisions of this Article 10, no transfer of any Partnership Interest shall be made if such transfer would (i) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (ii) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 to be treated as such) or (iii) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 8 contracts
Samples: Agreement, Limited Partnership Agreement (Brookfield Business Partners L.P.), Agreement (Brookfield Business Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 10, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities governmental authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 6 contracts
Samples: Agreement (Brookfield Infrastructure Partners L.P.), Agreement, Agreement (Brookfield Infrastructure Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1013, no transfer of any Partnership Interest shall be made if such transfer would (i) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (ii) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the Managing General Partner pursuant to Section 9.6 12.6 to be treated as such) or (iii) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Brookfield Business Partners L.P.), Limited Partnership Agreement, Agreement (Brookfield Business Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 10, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 5 contracts
Samples: Agreement, Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1013, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 12.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 5 contracts
Samples: Agreement (Brookfield Renewable Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1013, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities governmental authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the Managing General Partner pursuant to Section 9.6 12.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 3 contracts
Samples: Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1014, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities governmental authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the Managing General Partner pursuant to Section 9.6 13.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 3 contracts
Samples: Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.), bip.brookfield.com
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1013, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 12.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.. ARTICLE 14 ADMISSION OF ADDITIONAL OR SUCCESSOR PARTNERS
Appears in 2 contracts
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1013, no transfer of any Partnership Interest shall be made if such transfer would (i) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (ii) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 12.6 to be treated as such) or (iii) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 2 contracts
Samples: Agreement (Brookfield Property Partners L.P.), Limited Partnership Agreement (Brookfield Property Partners L.P.)
Restrictions on Transfers. Notwithstanding the other provisions of this Article 109, no transfer of any Partnership Interest shall be made if such transfer would (i) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (ii) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 8.6 to be treated as such) or (iii) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 1 contract
Restrictions on Transfers. Notwithstanding the other provisions of this Article 10, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 to be treated as such) or (iiic) affect the Partnership’s 's existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 1 contract
Restrictions on Transfers. Notwithstanding the other provisions of this Article 1013, no transfer of any Partnership Interest shall be made if such transfer would (ia) violate the then applicable securities Laws laws or rules and regulations of any securities commission of any jurisdiction or any other Governmental Authorities governmental authorities with jurisdiction over such transfer, (iib) result in the taxation of the Partnership as an association taxable as a corporation or otherwise subject the Partnership to entity-level taxation for tax purposes (in either case, for U.S. tax purposes, to the extent not otherwise elected by the General Partner pursuant to Section 9.6 12.6 to be treated as such) or (iiic) affect the Partnership’s existence or qualification as an exempted limited partnership under the Limited Partnership Act or Exempted Partnerships Act.
Appears in 1 contract
Samples: Agreement (Brookfield Infrastructure Partners L.P.)