Common use of General Partner Interests Clause in Contracts

General Partner Interests. MainLine L.P. is the sole general partner of each of the Operating Partnerships, with a general partner interest in each of the Operating Partnerships of 1% (other than BPH, in which MainLine L.P. holds a general partner interest of approximately 0.5%); such general partner interests are the only general partner interests of the Operating Partnerships that are issued and outstanding; and such general partner interests have been duly authorized and validly issued and are owned by MainLine L.P. free and clear of any Liens.

General Partner Interests. MainLine L.P. is the sole general partner of each of the Operating Partnerships, with a general partner interest in each of the Operating Partnerships of 1% (other than BPH, in which MainLine L.P. holds a general partner interest of approximately 0.5is slightly less than 1%); such general partner interests are the only general partner interests of the Operating Partnerships that are issued and outstanding; and such general partner interests have been duly authorized and validly issued and are owned by MainLine L.P. free and clear of any Liens.

General Partner Interests. MainLine L.P. is the sole general partner of each of the Operating Partnerships, with a general partner interest in each of the Operating Partnerships of 1% (other than BPH, in which MainLine L.P. holds a general partner interest of approximately 0.5is slightly less than 1%); such general partner interests are the only general partner interests issued and outstanding; such general partner interests of each of the Operating Partnerships that are issued and outstanding; and such general partner interests have been duly authorized and validly issued issued, and such general partner interests of the Operating Partnerships are owned by MainLine L.P. free and clear of any Liens.