Rights of Unitholders. Except as otherwise provided in this Agreement, in winding up under Section 7.2 each Unitholder shall look solely to the Property of the Company for any Distribution and has no right or power to demand or receive Property other than cash from the Company. If the assets of the Company remaining after payment or discharge of the debts, obligations and liabilities of the Company are insufficient to return the Capital Contributions, the Unitholders shall have no recourse against the Company or any other Unitholder or Unitholders.
Rights of Unitholders. 36 Section 8.1. Beneficiaries of Trust ........................................................... 36 Section 8.2. Rights, Terms and Conditions ..................................................... 37
Rights of Unitholders. The Units shall be personal property giving only the rights in this Declaration specifically set forth. The ownership of the Trust Property of every description and the right to conduct any business herein before described are vested exclusively in the Trustees, and the Unitholders shall have no interest therein other than the beneficial interest conferred by their Units, and they shall have no right to call for any partition or division of any property, profits, rights or interests of the Trust nor can they be called upon to share or assume any losses of the Trust or, subject to the right of the Trustees to charge certain expenses directly to Unitholders, as provided in the last sentence of Section 3.8, suffer an assessment of any kind by virtue of their ownership of Units. The Units shall not entitle the holder to preference, preemptive, appraisal, conversion or exchange rights (except as specified in this Section 6.3, in Section 12.4 or as specified by the Trustees when creating the Units, as in preferred units).
Rights of Unitholders. SECTION 7.01. Voting Rights with Respect to Underlying Securities............41 SECTION 7.02. Amendments and Waivers Under Swap Agreement and Guarantee......42 ARTICLE VIII Default on Underlying Securities and Permitted Investments
Rights of Unitholders. Each Unitholder shall be entitled to participate in the rights and benefits due to it hereunder on account of its Units. Each Unitholder shall take and hold the same, subject to all the terms and conditions of the Plan Documents. The interest of a Unitholder is hereby declared and shall be, in all respects, personal property.
Rights of Unitholders. A Unitholder in a Fund shall have no rights other than those rights expressly provided for Unitholders herein or added by amendment hereto.
Rights of Unitholders. (i) In addition to other rights provided by this Agreement, and except as limited by Section 3.4(ii) , each Unitholder shall have the right, for a purpose reasonably related to such Unitholder’s interest as a Limited Partner in the Partnership, upon reasonable written demand stating the purpose of such demand, and at such Unitholder’s own expense:
Rights of Unitholders. (a) Limited Partners (including the Initial Limited Partner but only with respect to its own Interests) and Unitholders shall share PARI PASSU on the basis of one Limited Partnership Interest for one Unit, and shall be considered as a single class with respect to all rights to receive distributions of Cash Available for Distribution, Sale Proceeds, allocations of Profits and Losses for Tax Purposes, and other determinations of allocations and distributions pursuant to this Agreement.
Rights of Unitholders. Each Unitholder shall look solely to the Company’s assets for all distributions with respect to the Company, its Capital Contribution (including the return thereof), and share of profits, and shall have no recourse therefore (upon dissolution or otherwise) against any Covered Person.
Rights of Unitholders. 19 SECTION 6.01. BENEFICIARIES OF TRUST:.............................19 SECTION 6.02. RIGHTS, TERMS AND CONDITIONS:.......................19 ARTICLE VII.................................................................20
