Common use of Splits and Combinations Clause in Contracts

Splits and Combinations. 3.7.1. Subject to Section 3.7.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 16 contracts

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

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Splits and Combinations. 3.7.13.6.1. Subject to Section 3.7.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 5 contracts

Samples: Agreement (Brookfield Renewable Partners L.P.), Agreement, Agreement (Brookfield Renewable Energy Partners L.P.)

Splits and Combinations. 3.7.1. 3.8.1 Subject to Section 3.7.43.8.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests Interest or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 5 contracts

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

Splits and Combinations. 3.7.1. 3.7.1 Subject to Section 3.7.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 4 contracts

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

Splits and Combinations. 3.7.13.6.1. Subject to Section 3.7.43.6.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests Interests, and, if applicable, their respective relative percentage of Preferred Units held (determined by reference to the aggregate value of the issue price of the Preferred Units held by each Preferred Unitholder relative to the aggregate value of the issue price of all Preferred Units then Outstanding), or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 3 contracts

Samples: Agreement (Brookfield Renewable Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.)

Splits and Combinations. 3.7.13.6.1. Subject to Section 3.7.43.6.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 3 contracts

Samples: Agreement (BPY Bermuda Holdings IV LTD), Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (BRP Bermuda Holdings I LTD)

Splits and Combinations. 3.7.1. Subject to Section 3.7.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests Interest or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 1 contract

Samples: Agreement (Brookfield Infrastructure Partners L.P.)

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Splits and Combinations. 3.7.13.8.1. Subject to Section 3.7.43.8.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 1 contract

Samples: Agreement (Brookfield Property Partners L.P.)

Splits and Combinations. 3.7.13.6.1. Subject to Section 3.7.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.. [A&R LP AGR_BREP] 16

Appears in 1 contract

Samples: Agreement

Splits and Combinations. 3.7.13.8.1. Subject to Section 3.7.43.8.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests Interest or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.

Appears in 1 contract

Samples: Agreement (Brookfield Infrastructure Partners L.P.)

Splits and Combinations. 3.7.13.6.1. Subject to Section 3.7.4, the Partnership may make a distribution of Partnership Interests to all Record Holders pro rata to their Percentage Interests or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such event.. [A&R LP AGR_BREP]

Appears in 1 contract

Samples: Agreement (Brookfield Renewable Energy Partners L.P.)

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