Common use of Withdrawal as a Limited Partner Clause in Contracts

Withdrawal as a Limited Partner. A Limited Partner may only withdraw from the Partnership by transferring his, her or its LP Units in accordance with the provisions of this Agreement and the Exchange Agreement or by the Partnership entering into an agreement with the Limited Partner for the re-purchase of his, her or its LP Units, including pursuant to the Exchange Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Cinram International Income Fund)

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Withdrawal as a Limited Partner. A Limited Partner may only withdraw from the Partnership by transferring (1) Transferring his, her or its LP Units in accordance with the provisions of this Agreement and Agreement, or (2) upon the Exchange Agreement or approval of the board of directors of the General Partner, by the Partnership entering into an agreement with the Limited Partner for the re-purchase repurchase of his, her or its LP Units, including pursuant to the Exchange Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Kinder Morgan Canada LTD)

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Withdrawal as a Limited Partner. A Limited Partner may only withdraw from the Partnership by transferring his, her or its LP Units in accordance with the provisions of this Agreement and the Exchange Agreement Securityholders’ Agreements or by the Partnership entering into an agreement with the Limited Partner for the re-purchase repurchase of his, her or its LP Units, including pursuant to the Exchange Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Abitibi Consolidated Inc)

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