Why are there different restrictions applicable to the common units and RDUs?
The common units have been offered and sold only outside of the United States and to non-U.S. persons in reliance on an exemption from registration provided by Regulation S under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). The RDUs have been offered and sold within the United States and to U.S. persons pursuant to other exemptions from registration under the U.S. Securities Act.
Related Questions
- What are the consequences if I use the assets of a Plan to acquire or hold common units or RDUs in violation of the foregoing restrictions?
- Are there legends on the common units and RDUs that identify the applicable ownership and transfer restrictions?
- Why are there different restrictions applicable to the common units and RDUs?
