Common use of Ownership of Acquired Interests Clause in Contracts

Ownership of Acquired Interests. (a) Upon consummation of the Redemption and Exchange, ETE will have good and valid title to the ETC III Acquired Interest, free and clear of all Liens other than (i) any transfer restrictions imposed by federal and state securities laws and (ii) any transfer restrictions contained in the Organizational Documents of ETC III.

Appears in 3 contracts

Samples: Contribution Agreement (Energy Transfer Partners, L.P.), Contribution Agreement (Energy Transfer Equity, L.P.), Contribution Agreement (Regency Energy Partners LP)

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Ownership of Acquired Interests. (a) Upon consummation of the Redemption and Exchange, ETE will have (i) ETP has good and valid title to the Acquired ETC III Acquired Interest, free and clear of all Liens other than (iA) any transfer restrictions imposed by federal and state securities laws and (iiB) any transfer restrictions contained in the Organizational Documents of ETC III.

Appears in 2 contracts

Samples: Redemption and Exchange Agreement (Energy Transfer Partners, L.P.), Redemption and Exchange Agreement (Energy Transfer Equity, L.P.)

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