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

Ownership of the General Partner Interest in the Partnership. The General Partner is and, at the Closing Date and each Option Closing Date, if any, will be, the sole general partner of the Partnership, with a 0.1% general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of such general partner interest free and clear of all Liens.

Appears in 7 contracts

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

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Ownership of the General Partner Interest in the Partnership. The General Partner is andis, and at the Closing Date and each Option Additional Closing Date, if anyas the case may be, will be, the sole general partner of the Partnership, with a 0.1% general partner interest in Partnership and will own the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; Agreement and the General Partner is the record holder of owns such general partner interest GP Interest free and clear of all Liens, except for any Liens that will be extinguished on or prior to the Closing Date.

Appears in 2 contracts

Samples: Underwriting Agreement (GPM Petroleum LP), Underwriting Agreement (Lehigh Gas Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is and, at At the Closing Date and each the Option Closing Date, if anyafter giving effect to the Transactions, the General Partner will be, be the sole general partner of the Partnership, Partnership with a 0.12% general partner interest in the Partnership (the “GP Interest”)interest; such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, general partner interest will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of will own such general partner interest free and clear of all Liensliens, encumbrances, security interests, equities, charges or claims.

Appears in 2 contracts

Samples: Underwriting Agreement (Markwest Energy Partners L P), Markwest Energy Partners L P

Ownership of the General Partner Interest in the Partnership. The General Partner is andis, and at the Closing Date and each Option the Additional Closing Date, if anyas the case may be, after giving effect to the Transactions, will be, be the sole general partner of the Partnership, with a 0.1% general partner interest in Partnership and will own the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; Agreement and the General Partner is the record holder of will own such general partner interest GP Interest and free and clear of all Liens.

Appears in 2 contracts

Samples: Underwriting Agreement (Rhino Resource Partners LP), Underwriting Agreement (Rhino Resource Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is and, at On the Closing Date and each Option Closing Dateany settlement date, if anyafter giving effect to the Transactions, the General Partner will be, be the sole general partner of the Partnership, with a 0.1Partnership and will own 8,834 General Partner Units representing an approximate 0.01% general partner interest in the Partnership (the “GP Interest”); on the Closing Date and any settlement date, such GP Interest has will have been duly and validly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of will own such general partner interest GP Interest free and clear of all Liens.

Appears in 2 contracts

Samples: Underwriting Agreement (Magellan Midstream Holdings Lp), Magellan Midstream Holdings Lp

Ownership of the General Partner Interest in the Partnership. The General Partner is andis, and at the Closing Date and each Option Additional Closing Date, if any, will be, the sole general partner of the Partnership, Partnership with a 0.1% non-economic general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of owns such general partner interest GP Interest free and clear of all Liens.

Appears in 2 contracts

Samples: Underwriting Agreement (Cypress Energy Partners, L.P.), Cypress Energy Partners, L.P.

Ownership of the General Partner Interest in the Partnership. The General Partner is and, at On the Closing Date and each Option Closing Dateany settlement date, if anyafter giving effect to the Transactions, the General Partner will be, be the sole general partner of the Partnership, Partnership with a 0.10.01% general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the agreement of limited partnership of the Partnership, as amended and/or restated as of the Closing Date (the “Partnership Agreement; ”), and the General Partner is the record holder of will own such general partner interest free and clear of all Liens.

Appears in 2 contracts

Samples: Enterprise GP Holdings L.P., Enterprise GP Holdings L.P.

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Ownership of the General Partner Interest in the Partnership. The General Partner is and, after giving effect to the Pre-Closing Transactions, at the Closing Date and each Option Closing Date, if any, will be, the sole general partner of the Partnership, with a 0.1% general partner interest in the Partnership (the “GP Interest”)Partnership; such GP Interest general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of such general partner interest free and clear of all Liens.

Appears in 2 contracts

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

Ownership of the General Partner Interest in the Partnership. The General Partner is andis, at and on the Closing Date and each Option Closing Date, if anysettlement date, will be, the sole general partner of the Partnership, with a 0.12.0% general partner interest in the Partnership represented by [3,302,045] General Partner Units (as defined in the “GP Interest”Partnership Agreement); such GP Interest has the General Partner Units have been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of will own such general partner interest free and clear of all LiensLiens (except for restrictions on transferability as described in the Disclosure Package or the Prospectus).

Appears in 1 contract

Samples: Underwriting Agreement (Cheniere Energy Partners, L.P.)

Ownership of the General Partner Interest in the Partnership. The General Partner is and, at At the Closing Date and each the Option Closing Date, if anyafter giving effect to the Transactions, the General Partner will be, be the sole general partner of the Partnership, Partnership with a 0.12% general partner interest in the Partnership (the “GP Interest”)Partnership; such GP Interest has been duly authorized and validly issued in accordance with the Partnership Agreement, and, at the Closing Date and each Option Closing Date, if any, general partner interest will be duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner is the record holder of such will own its general partner interest free and clear of all Liensliens, encumbrances, security interests, equities, charges or claims.

Appears in 1 contract

Samples: Crosstex Energy Lp

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