Common use of Fully Paid and Non-Assessable Nature of Membership Interests Clause in Contracts

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.

Appears in 24 contracts

Samples: Limited Liability Company Agreement (GIC Private LTD), Limited Liability Company Agreement (Tallgrass Energy, LP), Limited Liability Company Agreement (Enagas U.S.A. LLC)

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Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV V shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Delek Logistics Partners, LP), Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Limited Liability Company Agreement (Kimbell Royalty Partners, LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and 18-804 of the Act.

Appears in 20 contracts

Samples: Limited Liability Company Agreement (EnLink Midstream, LLC), Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Rattler Midstream Lp)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (TXO Energy Partners, L.P.), Limited Liability Company Agreement (MorningStar Partners, L.P.), Limited Liability Company Agreement (Inergy Midstream, L.P.)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, with the requirements of this Article IV V shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and 18-804 of the Act.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Limited Liability Company Agreement (U.S. Shipping Partners L.P.), Limited Liability Company Agreement (U.S. Shipping Partners L.P.)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and 18-804 of the Act.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Rice Midstream Partners LP), Limited Liability Company Agreement (Rice Midstream Partners LP), Limited Liability Company Agreement (Susser Petroleum Partners LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and or 18-804 of the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Hartree Bulk Storage, LLC), Limited Liability Company Agreement (BP Midstream Partners LP), Limited Liability Company Agreement (Sprague Resources LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, with the requirements of this Article IV V shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and 18-804 of the Act.. ARTICLE VI

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp), Limited Liability Company Agreement (U.S. Shipping Partners L.P.)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV ARTICLE VII shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-non- assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and 18-804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV V shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Summit Midstream Partners, LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, Section 18-607 and 18-804 of the Act.. FIRST AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT BOARDWALK GP, LLC

Appears in 1 contract

Samples: Limited Liability Company Agreement (Boardwalk Pipeline Partners, LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.. ARTICLE V

Appears in 1 contract

Samples: Limited Liability Company Agreement (Abraxas Energy Partners LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV Agreement shall be fully paid and non-assessable Membership Interests, except as such non-non- assessability may be affected by Sections 18-303, 18-607 and 18-804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CrossAmerica Partners LP)

Fully Paid and Non-Assessable Nature of Membership Interests. All Membership Interests issued pursuant to, and in accordance with, the requirements of this Article IV shall be fully paid and non-assessable Membership Interests, except as such non-assessability may be affected by Sections 18-303, 18-607 and or 18-804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enviva Partners, LP)

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