Right to Vote Units. Notwithstanding anything to the contrary in the Partnership Agreement, the restrictions in the definition of “Outstanding” that apply to Persons that beneficially own 15% or more of any class of Partnership Interests shall not restrict a Series A Preferred Unitholder from voting all, and being deemed present with respect to all, of his, her or its Series A Preferred Units on any matter.
Appears in 2 contracts
Samples: Black Stone Minerals, L.P., Black Stone Minerals, L.P.
Right to Vote Units. Notwithstanding anything to the contrary in the Partnership Agreement, the restrictions in the definition of “Outstanding” that apply to Persons that beneficially own 15% or more of any class of Partnership Interests shall not restrict a Series A B Preferred Unitholder from voting all, and being deemed present with respect to all, of his, her or its Series A B Preferred Units on any matter.
Appears in 2 contracts
Samples: Registration Rights Agreement (Black Stone Minerals, L.P.), Black Stone Minerals, L.P.
Right to Vote Units. Notwithstanding anything to the contrary in the Partnership Agreement, the restrictions in the definition of “Outstanding” that apply to Persons that beneficially own 1520% or more of any class of Partnership Interests shall not restrict a Series A Preferred Unitholder from voting all, and being deemed present with respect to all, of his, her or its Series A Preferred Units on any matter, including, as applicable, on an as-converted basis with the holders of Common Units.
Appears in 1 contract
Samples: Registration Rights Agreement (Kimbell Royalty Partners, LP)