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 Common Units becomes a Record Holder of the Common Units so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Common Units so transferred.
Appears in 2 contracts
Samples: Suburban Propane Partners Lp, Suburban Propane 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 Common Units becomes a Record Holder of the Common Units so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Common Units so transferred.
Appears in 2 contracts
Samples: Suburban Propane Partners Lp, Suburban Propane 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 Common Units or Incentive Distribution Rights becomes a Record Holder of the Common Units or Incentive Distribution Rights so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Common Units or Incentive Distribution Rights so transferred.
Appears in 1 contract
Samples: Suburban Propane Partners Lp
Withdrawal of Limited Partners. No Limited Partner shall have any right to withdraw from the Partnership; providedPROVIDED, howeverHOWEVER, that when a transferee of a Limited Partner's Common Units becomes a Record Holder of the Common Units so transferredHolder, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Common Units so transferred.
Appears in 1 contract
