Common use of Ownership of the Operating Partnership Clause in Contracts

Ownership of the Operating Partnership. (i) OLP GP is the sole general partner of the Operating Partnership with a 0.001% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be amended or restated on or prior to the Delivery Date, the “Operating Partnership Agreement”); and OLP GP owns such general partner interest free and clear of all Liens.

Appears in 4 contracts

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

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Ownership of the Operating Partnership. (i) The OLP GP is the sole general partner of the Operating Partnership with a 0.0010.01% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be further amended or restated on or prior to the each Delivery Date, the “Operating Partnership Agreement”); ) and the OLP GP owns such general partner interest free and clear of all Liens.; and

Appears in 4 contracts

Samples: Underwriting Agreement (Sunoco Logistics Partners L.P.), Underwriting Agreement (Sunoco Logistics Partners L.P.), Sunoco Logistics Partners L.P.

Ownership of the Operating Partnership. (i) The OLP GP is the sole general partner of the Operating Partnership with a 0.0010.01% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be further amended or restated on or prior to the Delivery Date, the “Operating Partnership Agreement”); ) and the OLP GP owns such general partner interest free and clear of all Liens., except restrictions on transferability set forth in the Operating Partnership Agreement; and

Appears in 3 contracts

Samples: Underwriting Agreement (Energy Transfer Operating, L.P.), Underwriting Agreement (Energy Transfer Partners, L.P.), Underwriting Agreement (Sunoco Logistics Partners L.P.)

Ownership of the Operating Partnership. (i) The OLP GP is the sole general partner of the Operating Partnership with a 0.0010.01% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be further amended or restated on or prior to the Delivery Date, the “Operating Partnership Agreement”); ) and the OLP GP owns such general partner interest free and clear of all Liens.; and

Appears in 2 contracts

Samples: Underwriting Agreement (Sunoco Logistics Partners Lp), Underwriting Agreement (Sunoco Logistics Partners Lp)

Ownership of the Operating Partnership. (i) OLP GP is the sole general partner of the Operating Partnership with a 0.001% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be amended or restated on or prior to the any Delivery Date, the “Operating Partnership Agreement”); and the OLP GP owns such general partner interest free and clear of all Liens.

Appears in 2 contracts

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

Ownership of the Operating Partnership. (i) OLP GP is the sole general partner of the Operating Partnership with a 0.001% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be amended or restated on or prior to the Delivery Date, the “Operating Partnership Agreement”); and the OLP GP owns such general partner interest free and clear of all Liens.

Appears in 1 contract

Samples: Underwriting Agreement (Magellan Midstream Partners Lp)

Ownership of the Operating Partnership. (i) The OLP GP is the sole general partner of the Operating Partnership with a 0.0010.01% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be further amended or restated on at or prior to the any Delivery Date, the "Operating Partnership Agreement”); ") and the OLP GP owns such general partner interest free and clear of all Liens.; and

Appears in 1 contract

Samples: Sunoco Logistics Partners Lp

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Ownership of the Operating Partnership. (i) OLP GP is the sole general partner of the Operating Partnership with a 0.001% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be amended or restated on or prior to the any Delivery Date, the "Operating Partnership Agreement"); and the OLP GP owns such general partner interest free and clear of all Liens.

Appears in 1 contract

Samples: Magellan Midstream Partners Lp

Ownership of the Operating Partnership. (i) The OLP GP is the sole general partner of the Operating Partnership with a 0.0010.01% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be further amended or restated on at or prior to the any Delivery Date, the “Operating Partnership Agreement”); ) and the OLP GP owns such general partner interest free and clear of all Liens.; and

Appears in 1 contract

Samples: Underwriting Agreement (Sunoco Logistics Partners Lp)

Ownership of the Operating Partnership. (i) The OLP GP is the sole general partner of the Operating Partnership with a 0.0010.01% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the agreement of limited partnership of the Operating Partnership (as the same may be further amended or restated on or prior to the any Delivery Date, the “Operating Partnership Agreement”); ) and the OLP GP owns such general partner interest free and clear of all Liens.; and

Appears in 1 contract

Samples: Sunoco Logistics Partners Lp

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