Common use of General Partner of the Partnership Clause in Contracts

General Partner of the Partnership. The General Partner is, and on the Closing Date, will be, the sole general partner of the Partnership with a 0.1% general partner interest in the Partnership; such general partner interest has been, and on the Closing Date, will be, duly authorized and validly issued in accordance with the First Amended and Restated Agreement of Limited Partnership of the Partnership, as in effect on the date hereof (the “Partnership Agreement”); and the General Partner owns, and will own on the Closing Date, such general partner interest free and clear of all Liens, except for restrictions on transferability contained in the Partnership Agreement or as described in the General Disclosure Package and the Offering Memorandum.

Appears in 4 contracts

Samples: Purchase Agreement (Memorial Production Partners LP), Purchase Agreement (Memorial Production Partners LP), Purchase Agreement (Memorial Production Partners LP)

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General Partner of the Partnership. The General Partner is, and on the Closing Date, will be, the sole general partner of the Partnership with a an approximately 0.1% general partner interest in the Partnership; such general partner interest has been, and on the Closing Date, will be, duly authorized and validly issued in accordance with the First Amended and Restated Agreement of Limited Partnership of the Partnership, as in effect on the date hereof (the “Partnership Agreement”); and the General Partner owns, and will own on the Closing Date, such general partner interest free and clear of all Liens, except for restrictions on transferability contained in the Partnership Agreement or as described in the General Disclosure Package and the Offering Memorandum.

Appears in 1 contract

Samples: Purchase Agreement (Memorial Resource Development Corp.)

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