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Common use of Rights of Limited Partner Clause in Contracts

Rights of Limited Partner. Each of the Limited Partners shall have the right to: (a) vote in respect of the removal of the General Partner and the election of one or more successor General Partners under Article IX or in respect of any proposed amendment of this Agreement pursuant to Section 11.12; (b) inspect and copy during regular business hours at such Limited Partner’s expense, any of the Partnership books and records; (c) receive copies of this Agreement, the Certificate of Limited Partnership, all amendments thereto, and the Partnership’s federal, state, and local information or income tax returns; (d) have on demand true and full information of all things affecting the Partnership and a formal accounting of Partnership affairs; and (e) apply for dissolution and winding up by decree of court if it is not reasonably practicable to carry on the business of the Partnership in conformity with this Agreement. A Limited Partner shall have the right, on demand, to obtain from the Partnership, without cost, a list of the names, addresses and interests of all Limited Partners. A Limited Partner shall not disclose to third parties any information included in the Partnership’s books and records, except as required by law.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Sabine Pass LNG, L.P.), Limited Partnership Agreement (Sabine Pass LNG, L.P.)

Rights of Limited Partner. Each of the Limited Partners shall have the right to: (a) vote in respect of the removal of the General Partner and the election of one or more successor General Partners under Article IX or in respect of any proposed amendment of this Agreement pursuant to Section 11.12; (b) inspect and copy during regular business hours at such Limited Partner’s expense, any of the Partnership books and records; (c) receive copies of this Agreement, the Certificate of Limited Partnership, all amendments thereto, and the Partnership’s federal, state, and local information or income tax returns; (d) have on demand true and full information of all things affecting the Partnership and a formal accounting of Partnership affairs; and (e) apply for dissolution and winding up by decree of court if it is not reasonably practicable to carry on the business of the Partnership in conformity with this the Agreement. A Limited Partner shall have the right, on demand, to obtain from the Partnership, without cost, a list of the names, addresses and interests of all Limited Partners. A Limited Partner shall not disclose to third parties any information included in the Partnership’s books and records, except as required by law.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cheniere Energy Inc)

Rights of Limited Partner. Each of the Limited Partners shall have the right to: (a) vote Vote in respect of the removal of the General Partner and the election of one or more successor General Partners under Article IX or in respect of any proposed amendment of this Agreement pursuant to Section 11.12; (b) inspect and copy during regular business hours at such Limited Partner’s expense, any of the Partnership books and records; (c) receive copies of this Agreement, the Certificate of Limited Partnership, all amendments thereto, and the Partnership’s federal, state, and local information or income tax returns; (d) have on demand true and full information of all things affecting the Partnership and a formal accounting of Partnership affairs; and (e) apply for dissolution and winding up by decree of court if it is not reasonably practicable to carry on the business of the Partnership in conformity with this the Agreement. A Limited Partner shall have the right, on demand, to obtain from the Partnership, without cost, a list of the names, addresses and interests of all Limited Partners. A Limited Partner shall not disclose to third parties any information included in the Partnership’s books and records, except as required by law.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cheniere Pipeline GP Interests, LLC)

Rights of Limited Partner. Each of the Limited Partners shall have the right to: (a) vote Vote in respect of the removal of the General Partner and the election of one or more successor General Partners under Article IX or in respect of any proposed amendment of this Agreement pursuant to Section 11.1211.11; (b) inspect and copy during regular business hours at such Limited Partner’s expense, any of the Partnership books and records; (c) receive copies of this Agreement, the Certificate of Limited Partnership, all amendments thereto, and the Partnership’s federal, state, and local information or income tax returns; (d) have on demand true and full information of all things affecting the Partnership and a formal accounting of Partnership affairs; and (e) apply for dissolution and winding up by decree of court if it is not reasonably practicable to carry on the business of the Partnership in conformity with this the Agreement. A Limited Partner shall have the right, on demand, to obtain from the Partnership, without cost, a list of the names, addresses and interests of all Limited Partners. A Limited Partner shall not disclose to third parties any information included in the Partnership’s books and records, except as required by law.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Cheniere Corpus Christi Holdings, LLC)