Ownership of Mars Oil Pipeline Company. The Operating Company owns a 28.6% general partnership interest in Mars; such general partnership interest has been duly authorized, validly issued, fully paid and nonassessable; and such general partnership interest is owned free and clear of all Liens.
Appears in 3 contracts
Samples: Underwriting Agreement (Shell Midstream Partners, L.P.), Underwriting Agreement (Shell Midstream Partners, L.P.), Underwriting Agreement (Shell Midstream Partners, L.P.)
Ownership of Mars Oil Pipeline Company. The At each applicable Delivery Date, after giving effect to the Transactions, the Operating Company owns will own a 28.6% general partnership interest in Mars; such general partnership interest has will have been duly authorized, validly issued, fully paid and nonassessable; and such general partnership interest is will be owned free and clear of all Liens.
Appears in 2 contracts
Samples: Underwriting Agreement (Shell Midstream Partners, L.P.), Underwriting Agreement (Shell Midstream Partners, L.P.)
Ownership of Mars Oil Pipeline Company. The Operating Company owns owns, and on the Closing Date will own, a 28.6% general partnership interest in Mars; such general partnership interest has been duly authorized, validly issued, fully paid and nonassessable; and such general partnership interest is owned free and clear of all Liens.
Appears in 1 contract
Samples: Common Unit Purchase Agreement (Shell Midstream Partners, L.P.)
