Common use of Ownership of Redemption Units Clause in Contracts

Ownership of Redemption Units. The Holder is the record and beneficial owner of the Redemption Units, free and clear of any lien and any other limitation or restriction with full right and authority to deliver the same hereunder, and will transfer and deliver to the Partnership on the Initial Closing Date and the Additional Closing Date, as applicable, valid title to the Initial Redemption Units and the Additional Redemption Units, in each case free and clear of any lien and any such other limitation or restriction.

Appears in 3 contracts

Samples: Common Unit Redemption Agreement, Common Unit Redemption Agreement (Sunoco Logistics Partners Lp), Common Unit Redemption Agreement (Sunoco Logistics Partners Lp)

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Ownership of Redemption Units. The Holder is the record and beneficial owner of the Redemption Units, free and clear of any lien and any other limitation or restriction with full right and authority to deliver the same hereunder, and will transfer and deliver to the Partnership on the Initial Closing Date and the Additional Closing Date, as applicable, valid title to the Initial Redemption Units and the Additional Aditional Redemption Units, in each case free and clear of any lien and any such other limitation or restriction.

Appears in 2 contracts

Samples: Common Unit Redemption Agreement (Sunoco Logistics Partners Lp), Common Unit Redemption Agreement (Sunoco Logistics Partners Lp)

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Ownership of Redemption Units. The Holder is the record and beneficial owner of the Redemption Units, free and clear of any lien and any other limitation or restriction with full right and authority to deliver the same hereunder, and will transfer and deliver to the Partnership on the Initial Option Closing Date and the Additional Closing Date, as applicable, valid title to the Initial Redemption Units and the Additional Redemption Units, in each case free and clear of any lien and any such other limitation or restriction.

Appears in 1 contract

Samples: Common Unit Redemption Agreement (Williams Partners L.P.)

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