Common use of Ownership of Transportation Clause in Contracts

Ownership of Transportation. The Partnership is the sole member of Transportation, with a limited liability company interest in Transportation of 100%; such limited liability company interests are the only limited liability company interests of Transportation issued and outstanding; all of the outstanding limited liability company interests of Transportation have been duly authorized and validly issued and are fully paid and nonassessable, and such limited liability company interests of Transportation are owned by the Partnership free and clear of any Liens.

Ownership of Transportation. The Partnership is the sole member of Transportation, with a limited liability company interest in Transportation of 100%; such limited liability company interests are interest is the only limited liability company interests interest of Transportation that is issued and outstanding; all of the outstanding and such limited liability company interests of Transportation have interest has been duly authorized and validly issued and are issued, is fully paid and nonassessable, nonassessable and such limited liability company interests of Transportation are is owned by the Partnership free and clear of any Liens.