Common use of Authorization of Partnership Agreement Clause in Contracts

Authorization of Partnership Agreement. The Partnership Agreement has been duly authorized by the Company as general partner and, on the Closing Date, will have been duly executed and delivered by the Company, and will be a valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions, and will conform to the description thereof in the Prospectus.

Appears in 3 contracts

Samples: Purchase Agreement (Merrill Lynch Preferred Capital Trust Iv), Purchase Agreement (Merrill Lynch Preferred Capital Trust Ii), Purchase Agreement (Merrill Lynch Preferred Funding I Lp)

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Authorization of Partnership Agreement. The Partnership -------------------------------------- Agreement has been duly authorized by the Company as general partner and, on the Closing Date, will have been duly executed and delivered by the Company, and will be a valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions, and will conform to the description thereof in the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Merrill Lynch Preferred Funding Vi L P)

Authorization of Partnership Agreement. The Partnership Agreement has been duly authorized by the Company as general partner and, on as of the Closing DateTime, will have been duly executed and delivered by the Company, and will be a valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions, and will conform to the description thereof in the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Ultramar Diamond Shamrock Corp)

Authorization of Partnership Agreement. The Partnership Agreement has been duly authorized by the Company as general partner and, on the Closing Date, will have been duly executed and delivered by the Company, and will be a valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions, and will conform in all material respects to the description thereof in the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Enron Capital Trust I)

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Authorization of Partnership Agreement. The Partnership Agreement has been duly authorized by the Company as general partner and, on at the Closing DateTime, will have been duly executed and delivered by the Company, and will be a valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions, and will conform in all material respects to the description thereof in the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Enron Preferred Funding Ii L P)

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