Common use of Right Not to Deliver Series 11 Preferred Limited Partnership Units Clause in Contracts

Right Not to Deliver Series 11 Preferred Limited Partnership Units. On the exercise of the Reclassification Privilege by a Holder, the Partnership reserves the right not to reclassify the Series 12 Preferred Limited Partnership Units held by any Ineligible Person.

Appears in 5 contracts

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

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Right Not to Deliver Series 11 Preferred Limited Partnership Units. On the exercise of the Reclassification Privilege by a Holder, the Partnership reserves the right not to reclassify the Series 12 11 Preferred Limited Partnership Units held by any Ineligible Person.

Appears in 5 contracts

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

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