Common use of Voting Rights in Respect of the Election of Directors of the Partnership GP Clause in Contracts

Voting Rights in Respect of the Election of Directors of the Partnership GP. Subject to Section 12.21 and the terms and conditions of the Voting Trust Agreement, the Limited Partners shall have the right to direct the Trustee with respect to the election of directors to the Board of Directors at annual meetings of the Limited Partners held in accordance with Section 12.1 (and any special meeting of the Limited Partners, if one of the purposes for which the special meeting was called is electing the directors of the Partnership GP). At each such meeting of the Limited Partners, the Limited Partners shall vote together as a single class for the persons to serve on the Board of Directors who are nominated in accordance with Section 12.18.1 (the “Election of Directors LP Determination”). Pursuant to the terms of the Voting Trust Agreement, the Trustee, as directed in writing by the Partnership GP, shall vote the common shares of the Partnership GP deposited with the Trustee in accordance with the Election of Directors LP Determination.

Appears in 2 contracts

Samples: s22.q4cdn.com, s22.q4cdn.com

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Voting Rights in Respect of the Election of Directors of the Partnership GP. Subject to Section 12.21 11.21 and the terms and conditions of the Voting Trust Agreement, the Limited Partners shall have the right to direct the Trustee with respect to the election of directors to the Board of Directors at annual meetings of the Limited Partners held in accordance with Section 12.1 11.1 (and any special meeting of the Limited Partners, if one of the purposes for which the special meeting was called is electing the directors of the Partnership GP). At each such meeting of the Limited Partners, the Limited Partners shall vote together as a single class for the persons to serve on the Board of Directors who are nominated in accordance with Section 12.18.1 11.18.1 (the “Election of Directors LP Determination”). Pursuant to the terms of the Voting Trust Agreement, the Trustee, as directed in writing by the Partnership GP, shall vote the common shares of the Partnership GP deposited with the Trustee in accordance with the Election of Directors LP Determination.

Appears in 1 contract

Samples: q4live.s22.clientfiles.s3-website-us-east-1.amazonaws.com

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Voting Rights in Respect of the Election of Directors of the Partnership GP. Subject to Section 12.21 11.21 and the terms and conditions of the Voting Trust Agreement, the Limited Partners shall have the right to direct the Trustee with respect to the election of directors to the Board of Directors at annual meetings of the Limited Partners held in accordance with Section 12.1 11.1 (and any special meeting of the Limited Partners, if one of the purposes for which the special meeting was called is electing the directors of the Partnership GP). At each such meeting of the Limited Partners, the Limited Partners shall vote together as a single class for the persons to serve on the Board of Directors who are nominated in accordance with Section 12.18.1 11.18.1 (the “Election of Directors LP Determination”). Pursuant to the terms of the Voting Trust Agreement, the Trustee, as directed in writing by the Partnership GP, shall vote the common shares of the Partnership GP deposited with the Trustee in accordance with the Election of Directors LP Determination.

Appears in 1 contract

Samples: Agreement

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