Common use of Special Provisions Relating to the Holders of Incentive Distribution Rights Clause in Contracts

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) and 12.4.

Appears in 9 contracts

Samples: Unit and Warrant Purchase Agreement (Teekay Offshore Partners L.P.), Agreement (Teekay Offshore Partners L.P.), Agreement (Teekay Offshore Partners L.P.)

AutoNDA by SimpleDocs

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) 6.3(d), 6.3(e), and 12.4.

Appears in 5 contracts

Samples: Series a Preferred Unit Purchase Agreement (KNOT Offshore Partners LP), Registration Rights Agreement (KNOT Offshore Partners LP), KNOT Offshore Partners LP

Special Provisions Relating to the Holders of Incentive Distribution Rights. (a) Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a1) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) and 12.4.shall

Appears in 5 contracts

Samples: Agreement, www.lw.com, www.lw.com

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall (i) possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled have a Capital Account as a Partner pursuant to any distributions Section 5.5 and all other than as provided in Sections 6.3(c), (d) and (e) and 12.4.provisions related thereto and

Appears in 4 contracts

Samples: media.corporate-ir.net, Alliance Resource Partners Lp, Martin Midstream Partners Lp

Special Provisions Relating to the Holders of Incentive Distribution Rights. (a) Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a1) shall (x) possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles Article III and Article VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) and 12.4.and

Appears in 3 contracts

Samples: www.cnxmidstream.com, www.lw.com, www.lw.com

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d6.3(d), 6.3(e) and (e) and Section 12.4.

Appears in 2 contracts

Samples: GasLog Partners LP, GasLog Partners LP

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c6.2(c), (d6.2(d) and (e) 6.2(e), and 12.4.

Appears in 2 contracts

Samples: Navios Maritime Midstream Partners LP, Navios Maritime Midstream Partners LP

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall (i) possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles Article III and Article VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled have a Capital Account as a Partner pursuant to any distributions Section 5.5 and all other than as provided in Sections 6.3(c), (d) and (e) and 12.4.provisions related thereto and

Appears in 2 contracts

Samples: Tesoro Logistics Lp, Rhino Resource Partners LP

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c6.2(b)(iii), (d6.2(b)(iv) and (e) 6.2(b)(v), and 12.4.

Appears in 2 contracts

Samples: Navios Maritime Partners L.P., Navios Maritime Partners L.P.

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall (i) possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (ii) have a Capital Account as a Partner pursuant to Section 5.5 and all other provisions related thereto and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) and 12.4.Sections

Appears in 2 contracts

Samples: Rio Vista Energy Partners Lp, Rio Vista Energy Partners Lp

Special Provisions Relating to the Holders of Incentive Distribution Rights. (a) Notwithstanding anything to the contrary set forth in this AgreementAgreement but subject to Section 6.7, the holders of the Incentive Distribution Rights (ai) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (bii) shall not (iA) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (iiB) be entitled to any distributions other than as provided in Sections 6.3(c), (d6.3(d) and (e) and Section 12.4, in each case subject to Section 6.6(b).

Appears in 1 contract

Samples: GasLog Partners LP

AutoNDA by SimpleDocs

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d6.3(d) and (e6.3(e) and 12.4.

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner Non-Transocean Member pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote election of the holders of Outstanding Units, except as provided by law, Elected Directors or (ii) be entitled to any distributions other than as provided in Sections 6.3(c6.2(a)(v), (d6.2(a)(vi) and (e6.2(a)(vii), 6.2(b)(iii), 6.2(b)(iv) and 6.2(b)(v), and 12.4.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Transocean Partners LLC)

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c6.2(a)(v), (dvi) and (evii), 6.2(b)(iii), (iv) and (v), and 12.4.

Appears in 1 contract

Samples: Capital Product Partners L.P.

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner Non-Transocean Member pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote election of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) and 12.4.Elected Directors or

Appears in 1 contract

Samples: Limited Liability Company Agreement

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(cSection 6.2(b)(iii), (dSection 6.2(b)(iv), Section 6.2(b)(v) and (e) and Section 12.4. Section 6.7 [Intentionally Omitted].

Appears in 1 contract

Samples: Golar LNG Partners LP

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall (i) possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (ii) have a Capital Account as a Partner pursuant to Section 5.5 and all other provisions related thereto and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c), (d) and (e) and 12.4.be

Appears in 1 contract

Samples: Crosstex Energy Lp

Special Provisions Relating to the Holders of Incentive Distribution Rights. Notwithstanding anything to the contrary set forth in this Agreement, the holders of the Incentive Distribution Rights (a) shall possess the rights and obligations provided in this Agreement with respect to a Limited Partner pursuant to Articles III and VII and (b) shall not (i) be entitled to vote on any matters requiring the approval or vote of the holders of Outstanding Units, except as provided by law, or (ii) be entitled to any distributions other than as provided in Sections 6.3(c6.2(b)(iii), 6.2 (db)(iv) and (e) 6.2(b)(v), and 12.4.

Appears in 1 contract

Samples: www.lw.com

Time is Money Join Law Insider Premium to draft better contracts faster.