Examples of OpCo Partnership Agreement in a sentence
Without the consent of the holders of the Series A Required Voting Percentage, the Partnership shall not (i) amend the terms of the OpCo Preferred Units in a manner that is adverse to and inconsistent with the terms of the Series A Preferred Units, (ii) amend Section 5.11(b)(iii)(B) of the OpCo Partnership Agreement, (iii) transfer any OpCo Preferred Units or (iv) provide any consent of the OpCo Preferred Units required under the first paragraph of Section 5.11(b)(iv) of the OpCo Partnership Agreement.
Effective as of the Effective Time, (a) Assignor shall cease to have any right, title or interest in or to the Subject Units and shall have no further rights or obligations with respect to the Subject Units under the OpCo Partnership Agreement or otherwise, and (b) each of the Subject Units shall be cancelled and shall cease to be outstanding.
Effective as of the Effective Time, (a) Assignor shall cease to have any right, title or interest in or to the Subject Units and shall have no further rights or obligations with respect to the Subject Units under the OpCo Partnership Agreement or otherwise and (b) each of the Subject Units shall be cancelled and shall cease to be outstanding.
Notwithstanding Article XIII of this Agreement, this Section 5.7(a) shall not be amended unless corresponding changes (as determined by the General Partner) are made to the OpCo Partnership Agreement.
To the extent that any holder of OpCo Class B Units and Class B Shares exercises its right pursuant to the OpCo Partnership Agreement to have its OpCo Class B Units redeemed by OpCo in accordance with the OpCo Partnership Agreement, the Company shall pay the Share Settlement in respect of such redeemed OpCo Class B Units in accordance with the OpCo Partnership Agreement.
OpCo GP and CEG, as the organizational limited partner, will amend and restate the Original OpCo Partnership Agreement by executing the Amended OpCo Partnership Agreement in substantially the form filed as Exhibit 10.9 to the Registration Statement, with such changes as OpCo GP and CEG may deem necessary or advisable.
The NEP OpCo Partnership Agreement will provide for the rights and preferences of the OpCo Preferred Units.
The general partner of NEP OpCo, without the approval of any other partner of NEP OpCo, may amend any provision of the NEP OpCo Partnership Agreement in such manner as the Board determines to be necessary or appropriate to prevent the consolidation of the financial results of NEP OpCo and its subsidiaries with those of NEE and its subsidiaries (other than NEP and its subsidiaries) under U.S. GAAP, so long as such amendment is not materially adverse to NEP OpCo or any class of unitholders of NEP OpCo.
The issuance of shares of Class A Common Stock pursuant to the applicable provisions of Article X of the OpCo Partnership Agreement will be made without charge to the holders receiving such shares for any transfer taxes, stamp taxes or duties or other similar tax in respect of the issuance.
Canada GP owns a .001% general partner interest in the Canadian Operating Company; such general partner interest has been duly authorized and validly issued in accordance with the Canadian OpCo Partnership Agreement; and Canada GP owns such general partner interest free and clear of all liens, encumbrances, security interests, equities, charges or claims other than those arising in connection with the U.S. Credit Facility.