Common use of Absence of Conflict of Interest Clause in Contracts

Absence of Conflict of Interest. Except as disclosed in the Time of Sale Prospectus and the Prospectus, neither the Partnership nor any of its subsidiaries (i) has any material lending or other relationship with any bank or lending affiliate of the Underwriters and (ii) intends to use any of the proceeds from the sale of the Notes hereunder to repay any outstanding debt owed to any affiliate of the Underwriters.

Appears in 6 contracts

Samples: Underwriting Agreement (Magellan Midstream Partners Lp), Underwriting Agreement (Magellan Midstream Partners Lp), Underwriting Agreement (Magellan Midstream Partners Lp)

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Absence of Conflict of Interest. Except as disclosed in the Time of Sale Prospectus and the Prospectus, neither the Partnership nor any of its subsidiaries Subsidiaries (i) has any material lending or other relationship with any bank or lending affiliate of the Underwriters and (ii) intends to use any of the proceeds from the sale of the Notes hereunder to repay any outstanding debt owed to any affiliate of the Underwriters.

Appears in 5 contracts

Samples: Underwriting Agreement (Magellan Midstream Partners, L.P.), Underwriting Agreement (Magellan Midstream Partners, L.P.), Underwriting Agreement (Magellan Midstream Partners, L.P.)

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