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Williams Partners L.P. (WPZ)
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WPZ » Topics » Limited Partners Rights

These excerpts taken from the WPZ 10-K filed Feb 26, 2009.
Limited Partners’ Rights
 
Significant rights of the limited partners include the following:
 
  •  Right to receive distributions of available cash within 45 days after the end of each quarter.
 
  •  No limited partner shall have any management control over our business and affairs; the general partner shall conduct, direct and manage our activities.
 
  •  The general partner may be removed if such removal is approved by the unitholders holding at least 662/3% of the outstanding units voting as a single class, including units held by our general partner and its affiliates.


101

Table of Contents

 
WILLIAMS PARTNERS L. P.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
 
Limited
Partners’ Rights


 



Significant rights of the limited partners include the following:


 




































  • 
Right to receive distributions of available cash within
45 days after the end of each quarter.
 
  • 
No limited partner shall have any management control over our
business and affairs; the general partner shall conduct, direct
and manage our activities.
 
  • 
The general partner may be removed if such removal is approved
by the unitholders holding at least
662/3%
of the outstanding units voting as a single class, including
units held by our general partner and its affiliates.





101




Table of Contents





 




WILLIAMS
PARTNERS L. P.




 




NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)

 


 




These excerpts taken from the WPZ 10-K filed Feb 26, 2008.
Limited Partners’ Rights
 
Significant rights of the limited partners include the following:
 
  •  Right to receive distributions of available cash within 45 days after the end of each quarter.
 
  •  No limited partner shall have any management power over our business and affairs; the general partner shall conduct, direct and manage our activities.
 
  •  The general partner may be removed if such removal is approved by the unitholders holding at least 662/3% of the outstanding units voting as a single class, including units held by our general partner and its affiliates.
 
Limited
Partners’ Rights


 



Significant rights of the limited partners include the following:


 




































  • 
Right to receive distributions of available cash within
45 days after the end of each quarter.
 
  • 
No limited partner shall have any management power over our
business and affairs; the general partner shall conduct, direct
and manage our activities.
 
  • 
The general partner may be removed if such removal is approved
by the unitholders holding at least
662/3%
of the outstanding units voting as a single class, including
units held by our general partner and its affiliates.


 




This excerpt taken from the WPZ 10-K filed Feb 28, 2007.
Limited Partners’ Rights
 
Significant information regarding rights of the limited partners includes the following:
 
  •  Right to receive distributions of available cash within 45 days after the end of each quarter.
 
  •  No limited partner shall have any management power over our business and affairs; the general partner shall conduct, direct and manage our activities.
 
  •  The general partner may be removed if such removal is approved by the unitholders holding at least 662/3% of the outstanding units voting as a single class, including units held by our general partner and its affiliates.
 
  •  Right to receive information reasonably required for tax reporting purposes within 90 days after the close of the calendar year.
 

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 26, 2009
10-K (2 sections)
Feb 26, 2008
10-K
Feb 28, 2007

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