Common use of Capitalization and Valid Issuance of Purchased Units Clause in Contracts

Capitalization and Valid Issuance of Purchased Units. (a) The Purchased Units shall have those rights, preferences, privileges and restrictions governing the Common Units as set forth in the Partnership Agreement.

Appears in 3 contracts

Samples: Unit Purchase Agreement (BreitBurn Energy Partners L.P.), Unit Purchase Agreement (BreitBurn Energy Partners L.P.), Unit Purchase Agreement (BreitBurn Energy Partners L.P.)

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Capitalization and Valid Issuance of Purchased Units. (a) The Purchased Units shall have those rights, preferences, privileges and restrictions governing the Common Units as set forth reflected in the Partnership Agreement.

Appears in 3 contracts

Samples: Common Unit Purchase Agreement (PBF Logistics LP), Common Unit Purchase Agreement (ONEOK Partners LP), Common Unit Purchase Agreement (Crosstex Energy Lp)

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