Common use of Ownership of General Partnership Interest in the Partnership Clause in Contracts

Ownership of General Partnership Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership, such general partner interest has been duly authorized and validly issued in accordance with the Second Amended and Restated Agreement of Limited Partnership of the Partnership (the "Partnership Agreement"), and the General Partner owns such general partner interest free and clear of all Encumbrances (except restrictions on transferability described in the Registration Statement, Disclosure Package or the Prospectus).

Appears in 3 contracts

Samples: Underwriting Agreement (Abraxas Energy Partners LP), Abraxas Energy Partners LP, Abraxas Energy Partners LP

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Ownership of General Partnership Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership, such general partner interest has been duly authorized and validly issued in accordance with the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated September 19, 2007 (the "Partnership Agreement"), and the General Partner owns such general partner interest free and clear of all Encumbrances (except restrictions on transferability described in the Registration Statement, Disclosure Package or the Prospectus).

Appears in 1 contract

Samples: Underwriting Agreement (Abraxas Energy Partners LP)

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