Organization and Existence. The Partnership is an entity duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all limited partnership power and authority to own the Contributed Interests. The Partnership is duly qualified to transact business as a limited partnership and is in good standing in each other jurisdiction in which such qualification is required for the conduct of its business, except where the failure to so qualify or to be in good standing does not have a Partnership Material Adverse Effect.
Appears in 5 contracts
Sources: Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp), Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp), Contribution, Conveyance and Assumption Agreement
Organization and Existence. The Partnership is an entity a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all limited requisite partnership power and authority to own the Contributed Interestsown, operate and lease its properties and assets and to carry on its business as now conducted. The Partnership Operating Company is duly qualified to transact business as a limited partnership liability company duly formed, validly existing and is in good standing in each other jurisdiction in which such qualification is required for under the conduct laws of the State of Delaware and has all requisite limited liability company power and authority to own, operate and lease its business, except where the failure properties and assets and to so qualify or to be in good standing does not have a Partnership Material Adverse Effectcarry on its business as now conducted.
Appears in 4 contracts
Sources: Contribution Agreement (El Paso Pipeline Partners, L.P.), Contribution Agreement (El Paso Pipeline Partners, L.P.), Contribution Agreement (El Paso Pipeline Partners, L.P.)
Organization and Existence. The Partnership is an entity a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited partnership power and authority to own the Contributed Interests. The Partnership is duly qualified own, operate and lease its properties and assets and to transact carry on its business as a limited partnership and is in good standing in each other jurisdiction in which such qualification is required for the conduct of its business, except where the failure to so qualify or to be in good standing does not have a Partnership Material Adverse Effectnow conducted.
Appears in 3 contracts
Sources: Contribution and Sale Agreement, Contribution and Transfer Agreement (EnLink Midstream Partners, LP), Contribution and Sale Agreement (Tallgrass Energy Partners, LP)
Organization and Existence. The Partnership is an entity duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all limited partnership power and authority to own the Contributed InterestsInterests and the Assets. The Partnership is duly qualified to transact business as a limited partnership and is in good standing in each other jurisdiction in which such qualification is required for the conduct of its business, except where the failure to so qualify or to be in good standing does not have a Partnership Material Adverse Effect.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp)
Organization and Existence. The Partnership is an entity a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited partnership power and authority to own the Contributed Interestsown, operate and lease its properties and assets and to carry on its business as now conducted. The Partnership Operating Company is duly qualified to transact business as a limited partnership liability company duly formed, validly existing and is in good standing in each other jurisdiction in which such qualification is required for under the conduct laws of the State of Delaware and has all requisite limited liability company power and authority to own, operate and lease its business, except where the failure properties and assets and to so qualify or to be in good standing does not have a Partnership Material Adverse Effectcarry on its business as now conducted.
Appears in 2 contracts
Sources: Contribution Agreement (WPX Energy, Inc.), Contribution Agreement (Williams Partners L.P.)
Organization and Existence. The Partnership is an entity a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited partnership power and authority to own the Contributed Interests. The Partnership is duly qualified own, operate and lease its properties and assets and to transact carry on its business as now conducted. Each of WFSG and the Operating Company is a limited partnership liability company duly formed, validly existing and is in good standing in each other jurisdiction in which such qualification is required for under the conduct laws of the State of Delaware and has all requisite limited liability company power and authority to own, operate and lease its business, except where the failure properties and assets and to so qualify or to be in good standing does not have a Partnership Material Adverse Effectcarry on its business as now conducted.
Appears in 2 contracts
Sources: Contribution Agreement, Contribution Agreement (Williams Partners L.P.)
Organization and Existence. The Partnership is an entity a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all limited partnership requisite corporate power and authority to own the Contributed Interestsown, operate and lease its properties and assets and to carry on its business as now conducted. The Partnership Operating Company is duly qualified to transact business as a limited partnership liability company duly formed, validly existing and is in good standing in each other jurisdiction in which such qualification is required for under the conduct laws of the State of Delaware and has all requisite limited liability company power and authority to own, operate and lease its business, except where the failure properties and assets and to so qualify or to be in good standing does not have a Partnership Material Adverse Effectcarry on its business as now conducted.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Williams Partners L.P.), Purchase and Sale Agreement (Williams Partners L.P.)
Organization and Existence. The Partnership is an entity duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all limited partnership power and authority to own the Contributed InterestsAssets. The Partnership is duly qualified to transact business as a limited partnership and is in good standing in each other jurisdiction in which such qualification is required for the conduct of its business, except where the failure to so qualify or to be in good standing does not have a Partnership Material Adverse Effect.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp)