Common use of Right to Acquire Limited Partner Interests Clause in Contracts

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time: (i) less than 10% of the total Limited Partner Interests of any class then Outstanding (other than Special Voting Units) is held by Persons other than the Managing Partner and its Affiliates; or (ii) the Partnership is subjected to registration under the provisions of the U.S. Investment Company Act of 1940, as amended,

Appears in 3 contracts

Samples: Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.)

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Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time: (i) less than 10% of the total Limited Partner Interests of any class then Outstanding (other than Special Voting Units and Preferred Units) is held by Persons other than the Managing Partner and its Affiliates; or (ii) the Partnership is subjected to registration under the provisions of the U.S. Investment Company Act of 1940, as amended,

Appears in 2 contracts

Samples: Limited Partnership Agreement (KKR & Co. L.P.), Limited Partnership Agreement (KKR & Co. L.P.)

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time: (i) less time more than 1080% of the total Limited Partner Interests of any class then Outstanding (other than Special Voting Units) is held by Persons other than the Managing General Partner and its Affiliates; or (ii) , the Partnership is subjected to registration under General Partner shall then have the provisions of the U.S. Investment Company Act of 1940right, as amended,which right it may assign

Appears in 2 contracts

Samples: Agreement of Limited Partnership (EnLink Midstream Partners, LP), Limited Partnership Agreement (EnLink Midstream Partners, LP)

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time: (i) time less than 10% of the total Limited Partner Interests of any class then Outstanding (other than Special Voting Preferred Units) is held by Persons other than the Managing General Partner and its Affiliates; or (ii) , the Partnership is subjected General Partner shall then have the right, which right it may assign and transfer in whole or in part to registration under the provisions of the U.S. Investment Company Act of 1940, as amended,the

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

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Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time: (i) time less than 10% of the total Limited Partner Interests of any class then Outstanding (other than Special Voting Units) is held by Persons other than the Managing Partner and its Affiliates; or (ii) the Partnership is subjected to registration under the provisions of the U.S. Investment Company Act of 1940, as amended,held

Appears in 1 contract

Samples: Limited Partnership Agreement (Blackstone Group L.P.)

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time: (i) less time the General Partner and its Affiliates hold more than 1080% of the total Limited Partner Interests of any class then Outstanding (other than Special Voting Units) is held by Persons other than the Managing Partner and its Affiliates; or (ii) the Partnership is subjected to registration under the provisions of the U.S. Investment Company Act of 1940, as amended,class

Appears in 1 contract

Samples: Limited Partnership Agreement (Teekay LNG Partners L.P.)

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