Common use of Formation of Spanish Subsidiaries Clause in Contracts

Formation of Spanish Subsidiaries. Each of the Spanish subsidiaries of the Partnership listed on a schedule to such counsel’s opinion (the “Spanish Subsidiaries”) was duly incorporated and is validly existing as private limited liability company (Sociedad de responsabilidad limitada) under the laws of Spain. Each of the Spanish Subsidiaries has corporate power to own or lease its properties and to conduct its business, in each case in all material respects as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

Formation of Spanish Subsidiaries. Each of the Spanish subsidiaries of the Partnership listed on a schedule to such counsel’s opinion (the “Spanish Subsidiaries”) was duly incorporated and is validly existing as private limited liability company (Sociedad de responsabilidad limitada) under the laws of Spain. Each of the Spanish Subsidiaries has corporate power to own or lease its properties and to conduct its business, in each case in all material respects as described in the Registration Statement, the Pricing Disclosure Package Statement and the Prospectus.

Formation of Spanish Subsidiaries. Each of the Spanish subsidiaries of the Partnership listed on a schedule to such counsel’s opinion Schedule IV (the “Spanish Subsidiaries”"SPANISH SUBSIDIARIES") was duly incorporated and is validly existing as private limited liability company (Sociedad de responsabilidad limitada) under the laws of Spain. Each of the Spanish Subsidiaries has corporate power to own or lease its properties and to conduct its business, in each case in all material respects as described in the Registration Statement, the Pricing Disclosure Package Statement and the Prospectus.

Formation of Spanish Subsidiaries. Each of the Spanish subsidiaries of the Partnership listed on a schedule to such counsel’s opinion Schedule V (the “Spanish Subsidiaries”"SPANISH SUBSIDIARIES") was duly incorporated and is validly existing as private limited liability company (Sociedad de responsabilidad limitada) under the laws of Spain. Each of the Spanish Subsidiaries has corporate power to own or lease its properties and to conduct its business, to assume the liabilities being assumed by it pursuant to the Contribution Documents and to conduct its business, in each case in all material respects as described in the Registration Statement, the Pricing Disclosure Package Statement and the Prospectus.