Admission of General Partner. Upon the consummation of the transfers and conveyances described in Section 5.2, the General Partner became the sole general partner of the Partnership and the MLP became the sole limited partner of the Partnership.
Appears in 2 contracts
Samples: Contribution Agreement (Atlas Pipeline Partners Lp), Contribution Agreement (Resource America Inc)
Admission of General Partner. Upon the consummation of the transfers and conveyances described in Section 5.2, the General Partner became shall be admitted as a General Partner, and the sole General Partner shall be the only general partner of the Partnership and the MLP became shall be the sole limited partner of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Valero L P), Limited Partnership Agreement (Atlas Pipeline Partners Lp)
Admission of General Partner. Upon the consummation of the transfers and conveyances described in Section 5.2, the General Partner became shall be admitted as a General Partner , and the sole General Partner shall be the only general partner of the Partnership and the MLP became shall be the sole limited partner of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Shamrock Logistics Lp)