Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution Agreement, Teekay Shipping Corporation’s 98% initial limited partner interest shall be converted into (A) 8,734,572 Common Units and (B) 14,734,572 Subordinated Units.
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Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution Agreement, Teekay Shipping Corporation’s 98% initial limited partner interest shall be was converted into (A) 8,734,572 Common Units and (B) 14,734,572 Subordinated UnitsUnits (as defined in the Original Agreement).
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Samples: Fourth (Teekay LNG Partners L.P.), Teekay LNG Partners L.P.
Contributions by the General Partner and its Affiliates. (a) On the Closing Date and pursuant to the Contribution Agreement, Teekay Shipping Corporation’s 98% initial limited partner interest shall be was converted into (A) 8,734,572 Common Units and (B) 14,734,572 Subordinated UnitsUnits (as defined in the Prior Agreement).
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