Common use of Ongoing Compliance of the Time of Sale Memorandum and Offering Memorandum Clause in Contracts

Ongoing Compliance of the Time of Sale Memorandum and Offering Memorandum. If at any time prior to the completion of the distribution of the Notes by the Initial Purchasers (i) any event shall occur or condition shall exist as a result of which any of the Time of Sale Memorandum or the Offering Memorandum as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or (ii) it is necessary to amend or supplement any of the Time of Sale Memorandum or the Offering Memorandum to comply with law, the Partnership will immediately notify the Representative thereof and forthwith prepare and furnish to the Initial Purchasers, pursuant to Sections 4(a) or 4(b) hereof, as applicable, such amendments or supplements to any of the Time of Sale Memorandum or the Offering Memorandum as may be necessary so that the statements in any of the Time of Sale Memorandum or the Offering Memorandum as so amended or supplemented will not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or so that any of the Time of Sale Memorandum or the Offering Memorandum will comply with all applicable law.

Ongoing Compliance of the Time of Sale Memorandum and Offering Memorandum. If at any time prior to the completion of the distribution of the Notes by the Initial Purchasers (i) any event shall occur or condition shall exist as a result of which any of the Time of Sale Memorandum or the Offering Memorandum as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or (ii) it is necessary to amend or supplement any of the Time of Sale Memorandum or the Offering Memorandum to comply with law, the Partnership will immediately notify the Representative Representatives thereof and forthwith prepare and furnish to the Initial Purchasers, pursuant to Sections 4(a) or 4(b) hereof, as applicable, such amendments or supplements to any of the Time of Sale Memorandum or the Offering Memorandum as may be necessary so that the statements in any of the Time of Sale Memorandum or the Offering Memorandum as so amended or supplemented will not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or so that any of the Time of Sale Memorandum or the Offering Memorandum will comply with all applicable law.