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

Ownership of the General Partner Interest in KPOP. At each Delivery Date, Kxxxx XX will be the sole general partner of KPOP with a 1% general partner interest in KPOP; such general partner interest has been duly authorized and validly issued in accordance with the limited partnership agreement of KPOP (the “KPOP Partnership Agreement”); and Kxxxx XX owns such general partner interest free and clear of all liens, encumbrances, security interests, charges or claims.

Ownership of the General Partner Interest in KPOP. At each Delivery Date, Kxxxx Xxxxx XX will be the sole general partner of KPOP with a 1% general partner interest in KPOP; such general partner interest has been duly authorized and validly issued in accordance with the limited partnership agreement of KPOP (the “KPOP Partnership Agreement”); and Kxxxx Xxxxx XX owns such general partner interest free and clear of all liens, encumbrances, security interests, charges or claims.

Ownership of the General Partner Interest in KPOP. At each Delivery Date, Kxxxx Xxxxx XX will be is the sole general partner of KPOP with a 1% general partner interest in KPOP; such general partner interest has been duly authorized and validly issued in accordance with the limited partnership agreement of KPOP (the “KPOP Partnership Agreement”); and Kxxxx Xxxxx XX owns such general partner interest free and clear of all liens, encumbrances, security interests, charges or claims.

Ownership of the General Partner Interest in KPOP. At each Delivery Date, Kxxxx Xxxxx XX will be the sole general partner of KPOP with a 1% general partner interest in KPOP; such general partner interest has been duly authorized and validly issued in accordance with the limited partnership agreement of KPOP (the “"KPOP Partnership Agreement”"); and Kxxxx Xxxxx XX owns such general partner interest free and clear of all liens, encumbrances, security interests, charges or claims.