Redemption and Exchange. The holders of LP Units will have no right to redeem LP Units or exchange LP Units for other securities. Any holder(s) of outstanding Preferred LP Units have the right to request a return of the Capital contributed to acquire the Preferred LP Units as a return of Capital on the Preferred LP Units in accordance with the terms of such Preferred LP Units.
Appears in 2 contracts
Sources: Limited Partnership Agreement, Limited Partnership Agreement (Kinder Morgan Canada LTD)