Duly Authorized and Validly Issued Units. The Units and the limited partner interests represented thereby have been duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms hereof, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).
Appears in 2 contracts
Samples: Underwriting Agreement (Crestwood Midstream Partners LP), Underwriting Agreement (Inergy Midstream, L.P.)
Duly Authorized and Validly Issued Units. The Firm Units and the limited partner interests represented thereby have been duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms hereofthis Agreement, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and or 17-804 of the Delaware LP Act).
Appears in 2 contracts
Samples: Underwriting Agreement (Cypress Energy Partners, L.P.), Underwriting Agreement (Cypress Energy Partners, L.P.)
Duly Authorized and Validly Issued Units. The All of the Purchased Units and the limited partner interests represented thereby have been duly authorized and validly issued in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms hereof, will be validly issued, are fully paid (to the extent required under the Partnership Agreement) and nonassessable non-assessable (except as such nonassessability non-assessability may be affected by Sections 17-303, 17-607 and or 17-804 of the Delaware LP Act).
Appears in 1 contract
Samples: Common Unit Purchase Agreement (Crestwood Equity Partners LP)