Common use of Issuance and Acceptance Clause in Contracts

Issuance and Acceptance. The General Partner does hereby authorize the issuance of one hundred percent (100%) of the authorized Class B, Series 2 Units to NEE Equity in accordance with the terms and provisions of the Contribution Agreement and, upon such issuance and the execution by NEE Equity of an acceptance of the Class B, Series 2 Limited Partner Interests and joinder to the Limited Partnership Agreement, in form and substance satisfactory to the General Partner as evidenced by the General Partner’s execution thereof, NEE Equity shall be admitted to the Partnership as a Class B, Series 2 Limited Partner. The General Partner shall take all actions contemplated by Section 10.3 of the Limited Partnership Agreement to effect such admission.

Issuance and Acceptance. The General Partner does hereby authorize the issuance of one hundred percent (100%) of the authorized Class B, Series 2 1 Units to NEE Equity in accordance with the terms and provisions of the Contribution Agreement and, upon such issuance and the execution by NEE Equity of an acceptance of the Class B, Series 2 1 Limited Partner Interests and joinder to the Limited Partnership Agreement, in form and substance satisfactory to the General Partner as evidenced by the General Partner’s execution thereof, NEE Equity shall be admitted to the Partnership as a Class B, Series 2 1 Limited Partner. The General Partner shall take all actions contemplated by Section 10.3 of the Limited Partnership Agreement to effect such admission.