Common use of Right to Acquire Limited Partner Interests Clause in Contracts

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assign

Appears in 2 contracts

Samples: EnLink Midstream Partners, LP, EnLink Midstream Partners, LP

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Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 8095% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its AffiliatesOutstanding, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable at its option,

Appears in 2 contracts

Samples: Exchange Agreement (Western Midstream Partners, LP), Partnership Interests Exchange Agreement (Western Midstream Partners, LP)

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time not more than 8020% of the total Limited Partner Interests of any class then Outstanding is held by Persons other than the General Partner Partners and its their Affiliates, the Managing General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the Managing General Partner, exercisable in its sole discretion, to purchase

Appears in 2 contracts

Samples: Inergy L P, Inergy L P

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time more less than 8010% of the total Limited Partner Interests of any class then Outstanding (other than Preferred Units) is held by Persons other than the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the

Appears in 2 contracts

Samples: Agreement, www.steelpartners.com

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time not more than 8015% of the total Limited Partner Interests of any class then Outstanding is held by Persons other than the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable in its sole discretion, to

Appears in 2 contracts

Samples: Defined Terms (Enterprise Products Partners L P), Limited Liability Company Agreement (Enterprise GP Holdings L.P.)

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its AffiliatesOutstanding, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner to purchase all, but not less than all, of such Limited Partner Interests of such class then Outstanding held by Persons other than the General Partner and its Affiliates:

Appears in 2 contracts

Samples: Central Energy Partners Lp, Central Energy Partners Lp

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time not more than 8010% of the total Limited Partner Interests of any class then Outstanding is held by Persons other than the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of

Appears in 1 contract

Samples: Penn Virginia GP Holdings, L.P.

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this AgreementAgreement (but subject to Section 15.1(d)), if at any time not more than 8020% of the total Limited Partner Interests of any class then Outstanding is held by Persons other than the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable in its sole discretion, to purchase all, but not less than all, of such Limited Partner Interests of such class then Outstanding held by Persons other than the General Partner and its Affiliates, at the greater of (x) the Current Market

Appears in 1 contract

Samples: NuStar Energy L.P.

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its AffiliatesOutstanding, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable at its option, to purchase all, but not less than all, of such Limited Partner Interests of such class then Outstanding held by Persons other

Appears in 1 contract

Samples: Exterran Partners, L.P.

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time not more than 8020% of the total Limited Partner Interests of any class then Outstanding is are held by Persons other than the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable in its sole discretion, to purchase all, but not less than all,

Appears in 1 contract

Samples: Genesis Energy Lp

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Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its AffiliatesOutstanding, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable

Appears in 1 contract

Samples: Management And (Sunoco Logistics Partners Lp)

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time not more than 8020% of the total Limited Partner Interests of any class then Outstanding is held by Persons other than the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable in its sole discretion, to purchase all, but not less than all, of such Limited Partner Interests of such class then Outstanding held by Persons other than the General

Appears in 1 contract

Samples: Penn Virginia Resource Partners L P

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time not more than 8020% of the total Limited Partner Interests of any class then Outstanding is held by Persons other than the General Partner Partners and its their Affiliates, the Managing General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the Managing General Partner, exercisable in its sole

Appears in 1 contract

Samples: Alliance Resource Partners Lp

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its AffiliatesOutstanding, the General Partner shall then have the right, which right it may assignassign and 104

Appears in 1 contract

Samples: Quest Energy Partners, L.P.

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its Affiliates, the General Partner shall then have the right, which right it may assignclass

Appears in 1 contract

Samples: Teekay LNG Partners L.P.

Right to Acquire Limited Partner Interests. (a) Notwithstanding any other provision of this Agreement, if at any time the General Partner and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then Outstanding is held by the General Partner and its AffiliatesOutstanding, the General Partner shall then have the right, which right it may assignassign and transfer in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable at its option, to purchase all, but not less than all, of such Limited Partner Interests of such class then Outstanding held by Persons other than the General Partner and its Affiliates, at the greater of

Appears in 1 contract

Samples: www.lw.com

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