Ownership of Units. The Selling Unitholder is the record and beneficial owner of the Units to be sold by it hereunder free and clear of all liens, encumbrances, equities and claims and has duly endorsed such Units in blank, and has full power and authority to sell its interest in such Units, and upon the delivery of, against payment for, such Units pursuant to this Agreement, any purchaser will acquire good and marketable title thereto, free and clear of any liens, encumbrances, equities and claims. As of the Execution Time, the Selling Unitholder owns 794,761 Common Units of the Partnership.
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Samples: Equity Distribution Agreement (Markwest Energy Partners L P), Equity Distribution Agreement (Markwest Energy Partners L P)
Ownership of Units. The Selling Unitholder is the record and beneficial owner of the Units to be sold by it hereunder free and clear of all liens, encumbrances, equities and claims and has duly endorsed such Units in blank, and has full power and authority to sell its interest in such Units, and upon the delivery of, against payment for, such Units pursuant to this Agreement, any purchaser will acquire good and marketable title thereto, free and clear of any liens, encumbrances, equities and claims. As of the Execution Time, the Selling Unitholder owns 794,761 1,452,415 Common Units of the Partnership.
Appears in 1 contract
Samples: Equity Distribution Agreement (Markwest Energy Partners L P)
Ownership of Units. The Selling Unitholder is the record and beneficial owner of the Units to be sold by it hereunder free and clear of all liens, encumbrances, equities and claims and has duly endorsed such Units in blank, and has full power and authority to sell its interest in such Units, and upon the delivery of, against payment for, such Units pursuant to this Agreement, any purchaser will acquire good and marketable title thereto, free and clear of any liens, encumbrances, equities and claims. As of the Execution Time, the Selling Unitholder owns 794,761 3,990,878 Common Units of the Partnership.
Appears in 1 contract
Samples: Equity Distribution Agreement (Markwest Energy Partners L P)