Common use of Validity of Class A Common Stock Clause in Contracts

Validity of Class A Common Stock. The General Partner covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable and not subject to any preemptive right of stockholders of the General Partner or any right of first refusal or other right in favor of any Person.

Appears in 2 contracts

Sources: Limited Partnership Agreement (Excelerate Energy, Inc.), Limited Partnership Agreement (Excelerate Energy, Inc.)

Validity of Class A Common Stock. The General Partner Company covenants that all shares of Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued, fully paid and non-assessable assessable, and shall be transferred free and clear of any liens and not subject to any preemptive right of stockholders of the General Partner Company or to any right of first refusal or other right in favor of any Person.

Appears in 1 contract

Sources: Exchange Agreement (P10, Inc.)