Common use of Ownership of the General Partner Interest in Calumet Clause in Contracts

Ownership of the General Partner Interest in Calumet. The OLP GP is the sole general partner of Calumet and owns of record a 10% general partner interest in Calumet; such general partner interest has been duly authorized and validly issued in accordance with the partnership agreement of Calumet (as the same may be amended or restated at or prior to each Time of Delivery, the “Calumet Agreement”); and the OLP GP owns of record such general partner interest free and clear of all liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package and the Prospectus or otherwise contained in the Calumet Agreement), security interests, charges or claims, other than those arising under the Credit Agreement and the ISDA Agreements.

Ownership of the General Partner Interest in Calumet. The OLP GP is the sole general partner of Calumet and owns of record a 10% general partner interest in Calumet; such general partner interest has been duly authorized and validly issued in accordance with the partnership agreement of Calumet (as the same may be amended or restated at or prior to each Time of Deliverythe Closing Date, the “Calumet Agreement”); and the OLP GP owns of record such general partner interest free and clear of all liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package Time of Sale Information and the Prospectus Offering Memorandum or otherwise contained in the Calumet Agreement), security interests, charges or claims, other than those arising under the Credit Agreement and the ISDA Agreements.

Ownership of the General Partner Interest in Calumet. The OLP GP is the sole general partner of Calumet and owns of record a 10% general partner interest in Calumet; such general partner interest has been duly authorized and validly issued in accordance with the partnership agreement of Calumet (as the same may be amended or restated at or prior to each Time of Delivery, the “Calumet Agreement”); and the OLP GP owns of record such general partner interest free and clear of all liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package and the Prospectus or otherwise contained in the Calumet Agreement), security interests, charges or claims, other than those arising under the Credit Agreement Agreements and the ISDA Agreements.

Ownership of the General Partner Interest in Calumet. The OLP GP is the sole general partner of Calumet and owns of record with a 10% general partner interest in Calumet; such general partner interest has been is duly authorized and validly issued in accordance with the partnership agreement of Calumet (as the same may be amended or restated at or prior to each Time of Delivery, the “Calumet Agreement”); and the OLP GP owns of record such general partner interest free and clear of all liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package and the Prospectus or otherwise contained in the Calumet AgreementProspectus), security interests, charges or claims, other than those arising under the Credit Agreement and the ISDA Agreements.

Ownership of the General Partner Interest in Calumet. The OLP GP is the sole general partner of Calumet and owns of record a 10% general partner interest in Calumet; such general partner interest has been duly authorized and validly issued in accordance with the partnership agreement of Calumet (as the same may be amended or restated at or prior to each Time of Deliverythe Closing Date, the “Calumet Agreement”); and the OLP GP owns of record such general partner interest free and clear of all liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package Time of Sale Information and the Prospectus Offering Memorandum or otherwise contained in the Calumet Agreement), security interests, charges or claims, other than those arising under the Credit Agreement Agreements and the ISDA Agreements.