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 the sole general partner of the Partnership with a 2.0% general partner interest in the Partnership; such general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens (except restrictions on transferability as described in the Pricing Disclosure Package or Liens created by or arising under the Delaware LP Act) (A) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (B) otherwise known to such counsel, without independent investigation.

Appears in 6 contracts

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

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Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.0% general partner interest in the Partnership; such general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package or Liens created by or arising under the Delaware LP Act) Prospectus), security interests, charges and other claims (Ai) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (Bii) otherwise known to such counsel, without independent investigation, other than those created by or arising under the Delaware Revised Uniform Limited Partnership Act (the "Delaware LP Act").

Appears in 2 contracts

Samples: Letter Agreement (Global Partners LP), Global Partners LP

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.02% general partner interest in the Partnership; such general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens liens, encumbrances (except restrictions on transferability contained in Section 4.6 of the Partnership Agreement or as described in the Pricing Disclosure Package Prospectus), security interests, charges or Liens created by or arising under the Delaware LP Act) claims (Ai) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as a debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (Bii) otherwise known to such counsel, without independent investigation, other than those created by or arising under the Delaware LP Act.

Appears in 2 contracts

Samples: Crosstex Energy Inc, Crosstex Energy Lp

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.0% general partner interest in the Partnership; such general partner interest has been duly and validly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens (except restrictions on transferability as described in the Pricing Disclosure Package Package, the Prospectus or Liens created by or arising under the Delaware LP Act) (A) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (B) otherwise known to such counsel, without independent investigation.

Appears in 2 contracts

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

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.0% general partner interest in the Partnership; such general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens (except restrictions on transferability as described in the Pricing Disclosure Package Prospectus or Liens created by or arising under set forth in the Delaware LP ActPartnership Agreement) (Ai) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (Bii) otherwise known to such counsel, without independent investigation, other than those created by or arising under the Delaware LP Act.

Appears in 1 contract

Samples: Purchase Agreement (Universal Compression Partners, L.P.)

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Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.0% general partner interest in the Partnership; such general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement; , and the General Partner owns such general partner interest free and clear of all Liens liens, encumbrances (except restrictions on transferability as described in the Pricing Disclosure Package Prospectus), security interests, charges or Liens created by or arising under the Delaware LP Act) claims (Ai) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (Bii) otherwise known to such counsel, without independent investigation, other than those created by or arising under the Delaware LP Act.

Appears in 1 contract

Samples: Hiland Partners, LP

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.0% general partner interest in the Partnership; such general partner interest has been duly and validly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens (except restrictions on transferability as described in the Pricing Disclosure Package or Liens created by and the Prospectus [or arising under the Delaware LP ActCredit Agreement]) (Ai) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (Bii) otherwise known to such counsel, without independent investigation, other than those created by or arising under the Delaware LP Act.

Appears in 1 contract

Samples: Underwriting Agreement (Targa Resources Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership with a 2.0% general partner interest represented by 373,892 general partner units in the Partnership; such general partner interest has been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest free and clear of all Liens (except restrictions on transferability and other Liens as described in the Pricing Disclosure Package Package, the Final Prospectus or Liens created by or arising under the Delaware LP Act) Partnership Agreement), (Ai) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner as debtor is on file as of a recent date in the office of the Secretary of State of the State of Delaware or (Bii) otherwise known to such counsel, without independent investigation, other than those created by or arising under the Delaware LP Act or contained in the Partnership Agreement.

Appears in 1 contract

Samples: Letter Agreement (DCP Midstream Partners, LP)

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