Common use of General Partner Interests Clause in Contracts

General Partner Interests. Buckeye Gulf Coast Holdings I, LLC, a Delaware limited liability company (“BGC I”), is the sole general partner of BGC, with a general partner interest in BGC of 1%; Gulf Coast/Products GP Holding LLC, a Delaware limited liability company (“Gulf Coast GP LLC”), is the sole general partner of each of Gulf Coast LP and GCP, with a general partner interest in each of Gulf Coast LP and GCP of 1%; all of the outstanding general partner interests of each of BGC, Gulf Coast LP and GCP have been duly authorized and validly issued and such general partner interests of each of BGC, Gulf Coast LP and GCP are owned free and clear of any Liens.

General Partner Interests. Buckeye Gulf Coast Holdings I, LLC, a Delaware limited liability company (“BGC I”), is the sole general partner of BGC, with a general partner interest in BGC of 1%; Gulf Coast/Products GP Holding LLC, a Delaware limited liability company (“Gulf Coast GP LLC”), is the sole general partner of each of Gulf Coast LP and GCP, with a general partner interest in each of Gulf Coast LP and GCP of 1%; all of the outstanding such general partner interests of each are the only general partner interests of BGC, Gulf Coast LP and GCP that are issued and outstanding; and such general partner interests have been duly authorized and validly issued and such general partner interests of each of BGC, are owned by BGC I or Gulf Coast LP and GCP are owned GP LLC, as the case may be, free and clear of any Liens.