Common use of Withdrawal of Limited Partners Clause in Contracts

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 510 contracts

Samples: Limited Partnership Agreement (Peak Resources LP), Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement (Nextera Energy Partners, Lp)

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Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s 's Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 46 contracts

Samples: Limited Partnership Agreement (Dynagas LNG Partners LP), Recapitalization Agreement (Kimbell Royalty Partners, LP), Limited Partnership Agreement (Dominion Midstream Partners, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, provided however that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 26 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Steel Partners Holdings L.P.), Limited Partnership Agreement (Steel Partners Holdings L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Partnership Interest becomes a Record Holder of the Limited Partner Partnership Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Partnership Interest so transferred.

Appears in 20 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Emerge Energy Services LP), Limited Partnership Agreement (Rattler Midstream Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 16 contracts

Samples: Limited Partnership Agreement (BPY Bermuda Holdings IV LTD), Limited Partnership Agreement (Ferrellgas L P), Limited Partnership Agreement (Ferrellgas Partners Finance Corp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest 's Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 15 contracts

Samples: Limited Partnership Agreement (Ferrellgas Partners Finance Corp), Agreement of Limited Partnership (Enbridge Energy Management L L C), Limited Partnership Agreement (Gulfterra Energy Partners L P)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.4.2, cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 14 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Brookfield Business Partners L.P.), Limited Partnership Agreement (Brookfield Business Partners L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.8.2, cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.), Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.), Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.1.2, cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.), Limited Partnership Agreement, Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.8.2 cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Brookfield Renewable Partners L.P.), Limited Partnership Agreement (Brookfield Renewable Energy Partners L.P.), Limited Partnership Agreement (Brookfield Renewable Energy Partners L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, provided that when upon a transferee transfer of a Limited PartnerPartners Units, upon the transferee’s Limited Partner Interest becomes becoming a Record Holder of Holder, the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Units transferred, but until such transferee becomes a Record Holder, the transferor shall continue to be a Limited Partner. No Limited Partner Interest so transferredshall be entitled to receive any distribution from the Partnership except as expressly set forth in Articles V and XIV.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Cedar Fair L P), Agreement of Limited Partnership (Cedar Fair L P), Limited Partnership Agreement (Cedar Fair L P)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee Transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferredTransferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferredTransferred.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (Harbinger Group Inc.), Limited Partnership Agreement (Exco Resources Inc), Limited Partnership Agreement (Harbinger Group Inc.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.4.2 and 4.4.3, cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 4 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Brookfield Business Partners L.P.), Limited Partnership Agreement (Brookfield Property Partners L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, provided however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Star Group Lp), Limited Partnership Agreement (Star Gas Partners Lp), Limited Partnership Agreement (Star Gas Finance Co)

Withdrawal of Limited Partners. (a) No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 3 contracts

Samples: Partnership Agreement (Atlas Growth Partners, L.P.), Limited Partnership Agreement (Atlas Energy, L.P.), Limited Partnership Agreement (Atlas Resource Partners, L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such the transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (ONEOK Partners LP), Limited Partnership Agreement (ONEOK Partners LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s 's Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. ARTICLE XII

Appears in 2 contracts

Samples: Limited Partnership Agreement (Pacific Energy Partners Lp), Limited Partnership Agreement (U S Timberlands Co Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.8.2 cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.1.2 and 4.1.3, cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.), Limited Partnership Agreement

Withdrawal of Limited Partners. No Except as provided in Section 13.4, no Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest 's Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Plum Creek Timber Co L P), Limited Partnership Agreement (Plum Creek Timber Co L P)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest 's LP Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest LP Units so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Teppco Partners Lp), Limited Partnership Agreement (Teppco Partners Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes is admitted as a Record Holder of the Limited Partner Interest so transferredpursuant to this Agreement, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement (DCP Midstream, LP), Limited Partnership Agreement (DCP Midstream, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the PartnershipCompany; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 2 contracts

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

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. ARTICLE XII

Appears in 2 contracts

Samples: Limited Partnership Agreement, Exchange Agreement (Teekay Corp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, provided that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Ares Management Lp), Limited Partnership Agreement (Ares Management Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. WAS:215692.2

Appears in 1 contract

Samples: Limited Partnership Agreement (PBF Logistics LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (QR Energy, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. - 60 - Alliance Holdings GP, L.P.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Alliance Holdings GP, L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. ARC LOGISTICS PARTNERS LP FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (Arc Logistics Partners LP)

Withdrawal of Limited Partners. No Limited Partner shall ------------------------------ have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s 's Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (Penn Octane Corp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, provided that when upon a transferee transfer of a Limited Partner’s Limited Partner Interest becomes Partners Units, upon the transferee's becoming a Record Holder of Holder, the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Units transferred, but until such transferee becomes a Record Holder, the transferor shall continue to be a Limited Partner. No Limited Partner Interest so transferredshall be entitled to receive any distribution from the Partnership except as expressly set forth in Articles V and XIV.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cedar Fair L P)

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Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, provided however that when a transferee of a Limited Partner’s 's Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. ARTICLE XII

Appears in 1 contract

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

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. Article XXIV

Appears in 1 contract

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

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferredtransferred or a disposition occurs under the Investors’ Rights Agreement, such transferring or disposing Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Agreement of Limited Partnership (EV Energy Partners, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. NYC:103990_15.DOC

Appears in 1 contract

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

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest 's Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall shall, subject to Section 4.4.2, cease to be a Limited Partner with respect to the Limited Partner Interest Units so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Renewable Partners L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the PartnershipCompany; provided, however, provided that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (Ares Management Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s 's Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferredtransferred or a disposition occurs under the Investors' Rights Agreement, such transferring or disposing Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (EV Energy Partners, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. 80 857826.02-WILSR01A - MSW

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (NextEra Energy Partners, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. WESTERN REFINING LOGISTICS, LP FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (Western Refining Logistics, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest LP Units becomes a Record Holder of the Limited Partner Interest so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest LP Units so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (Teppco Partners Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. ALON USA PARTNERS, LP FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (Alon USA Partners, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest Units or Incentive Distribution Rights becomes a Record Holder of the Limited Partner Interest Units or Incentive Distribution Rights so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest Units or Incentive Distribution Rights so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (Energy Transfer Partners, L.P.)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, howeverhowever , that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

Appears in 1 contract

Samples: Limited Partnership Agreement (Andeavor Logistics Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (Rice Midstream Partners LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (BP Midstream Partners LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. Western Gas Equity Partners, LP First Amended and Restated Agreement of Limited Partnership

Appears in 1 contract

Samples: Limited Partnership Agreement

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. Oiltanking Partners, L.P. First Amended and Restated Agreement of Limited Partnership

Appears in 1 contract

Samples: Limited Partnership Agreement (Oiltanking Partners, L.P.)

Withdrawal of Limited Partners. No Except upon transfer of a Limited Partner’s entire Limited Partner interest in the Partnership and the admission of the transferee as a substituted Limited Partner in compliance with the terms hereof, no Limited Partner shall have any the right to withdraw from the Partnership; provided, however, that when a transferee Partnership except with the consent of a Limited Partner’s Limited Partner Interest becomes a Record Holder all of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferredPartners.

Appears in 1 contract

Samples: Limited Partnership Agreement (PJC Manchester Realty LLC)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.. DOMINION MIDSTREAM PARTNERS, LP SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Purchase Agreement (Dominion Midstream Partners, LP)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when upon a transferee permitted transfer of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferredPartnership Interest, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Partnership Interest so transferred. No Limited Partner shall be entitled to the return of its Capital Contribution, except to the extent, if any, that distributions made pursuant to this Agreement or upon termination of the Partnership may be considered as such by law and then only to the extent provided for in this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Tc Pipelines Lp)

Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when upon a transferee transfer of a Limited Partner’s Limited Partner Partnership Interest becomes a Record Holder of in accordance with this Agreement, the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Partnership Interest so transferred.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Plum Creek Timber Co Inc)

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