Rights as a Unitholder. The Participant shall be the record owner of the Restricted Units until or unless such Restricted Units are forfeited pursuant to Section 3 hereof, and as record owner shall be entitled to all rights of a common unitholder of the Partnership, including, without limitation, distribution rights with respect to the Restricted Units; provided that the Restricted Units that have not previously vested shall be subject to the limitations on transfer and encumbrance set forth in Section 8.
Appears in 2 contracts
Sources: Restricted Unit Award Agreement (Blackstone Private Equity Strategies Fund L.P.), Restricted Unit Award Agreement (Blackstone Infrastructure Strategies L.P.)
Rights as a Unitholder. The Participant shall be the record owner of the Restricted Units until or unless such Restricted Units are forfeited pursuant to Section 3 hereoffrom and after the Date of Grant, and as record owner shall be entitled to all rights of a common unitholder of the Partnership, including, without limitation, distribution rights with respect to the Restricted Units; provided that the Restricted Units that have not previously vested shall be subject to the limitations on transfer and encumbrance set forth in Section 8.
Appears in 1 contract
Sources: Independent Director Restricted Unit Award Agreement (VistaOne, L.P.)
Rights as a Unitholder. The Participant shall be the record owner of the Restricted Units until or unless such Restricted Units are forfeited pursuant to Section 3 hereoffrom and after the Date of Grant, and as record owner shall be entitled to all rights of a common unitholder of the Partnership, including, without limitation, distribution rights with respect to the Restricted Units; provided that the Restricted Units that have not previously vested shall be subject to the limitations on transfer and encumbrance set forth in Section 89.
Appears in 1 contract
Sources: Restricted Unit Award Agreement (TPG Private Equity Opportunities, L.P.)