Common use of RECITALS OF THE PARTNERSHIP AND ANY SUBSIDIARY GUARANTORS Clause in Contracts

RECITALS OF THE PARTNERSHIP AND ANY SUBSIDIARY GUARANTORS. The Partnership and any Subsidiary Guarantors have duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of the Partnership’s debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the “Debt Securities”), and the Guarantee by each of the Subsidiary Guarantors of the Debt Securities, as in this Indenture provided. The Partnership and any Subsidiary Guarantors are members of the same consolidated group of companies. Any Subsidiary Guarantors will derive direct and indirect economic benefit from the issuance of the Debt Securities. Accordingly, any Subsidiary Guarantor has duly authorized the execution and delivery of this Indenture to provide for its full, unconditional and joint and several guarantee of the Debt Securities to the extent provided in or pursuant to this Indenture. All things necessary to make this Indenture a valid agreement of the Partnership and any Subsidiary Guarantors, in accordance with its terms, have been done.

Appears in 4 contracts

Samples: Indenture (Oiltanking Partners, L.P.), Indenture (Spectra Energy Partners, LP), Indenture (Kerr-McGee Gathering LLC)

AutoNDA by SimpleDocs

RECITALS OF THE PARTNERSHIP AND ANY SUBSIDIARY GUARANTORS. The Partnership and any Subsidiary Guarantors have duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of the Partnership’s debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the “Debt Securities”), and the Guarantee which Debt Securities may be guaranteed by each of the Subsidiary Guarantors and may be subordinated in right of the Debt Securitiespayment to Senior Indebtedness, as in this Indenture provided. The Partnership and any Subsidiary Guarantors are members of the same consolidated group of companies. Any Subsidiary Guarantors will derive direct and indirect economic benefit from the issuance of the Debt Securities. Accordingly, any Subsidiary Guarantor has duly authorized the execution and delivery of this Indenture to provide for its full, unconditional and joint and several guarantee of the Debt Securities to the extent provided in or pursuant to this Indenture. All things necessary to make this Indenture a valid agreement of the Partnership and any Subsidiary Guarantors, in accordance with its terms, have been done.

Appears in 3 contracts

Samples: Indenture (Oiltanking Partners, L.P.), Indenture (Kerr-McGee Gathering LLC), Indenture (Spectra Energy Partners, LP)

RECITALS OF THE PARTNERSHIP AND ANY SUBSIDIARY GUARANTORS. The Partnership and any Subsidiary Guarantors have duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of the Partnership’s debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the “Debt Securities”), and the Guarantee Guarantee, if any, by each of the Subsidiary Guarantors of the Debt Securities, as in this Indenture provided. The Partnership and any Subsidiary Guarantors are members of the same consolidated group of companies. Any Subsidiary Guarantors will derive direct and indirect economic benefit from the issuance of the Debt Securities. Accordingly, any Subsidiary Guarantor has duly authorized the execution and delivery of this Indenture to provide for its full, unconditional and joint and several guarantee of the Debt Securities to the extent provided in or pursuant to this Indenture. All things necessary to make this Indenture a valid agreement of the Partnership and any Subsidiary Guarantors, in accordance with its terms, have been done.

Appears in 2 contracts

Samples: Indenture (EnLink Midstream Partners, LP), Indenture (EnLink Midstream Partners, LP)

RECITALS OF THE PARTNERSHIP AND ANY SUBSIDIARY GUARANTORS. The Partnership and any Subsidiary Guarantors have duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of the Partnership’s debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the “Debt Securities”), and the Guarantee which Debt Securities may be guaranteed by each of the Subsidiary Guarantors Guarantors, if any, and may be subordinated in right of the Debt Securitiespayment to Senior Indebtedness, as in this Indenture provided. The Partnership and any Subsidiary Guarantors are members of the same consolidated group of companies. Any Subsidiary Guarantors will derive direct and indirect economic benefit from the issuance of the Debt Securities. Accordingly, any Subsidiary Guarantor has duly authorized the execution and delivery of this Indenture to provide for its full, unconditional and joint and several guarantee of the Debt Securities to the extent provided in or pursuant to this Indenture. All things necessary to make this Indenture a valid agreement of the Partnership and any Subsidiary Guarantors, in accordance with its terms, have been done.

Appears in 1 contract

Samples: Indenture (EnLink Midstream Partners, LP)

AutoNDA by SimpleDocs

RECITALS OF THE PARTNERSHIP AND ANY SUBSIDIARY GUARANTORS. The Partnership and any the Subsidiary Guarantors have duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of the Partnership’s debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the “Debt Securities”), and the Guarantee by each of the Subsidiary Guarantors of the Debt Securities, as in this Indenture provided. The Partnership and any the Subsidiary Guarantors are members of the same consolidated group of companies. Any The Subsidiary Guarantors will derive direct and indirect economic benefit from the issuance of the Debt Securities. Accordingly, any each Subsidiary Guarantor has duly authorized the execution and delivery of this Indenture to provide for its full, unconditional and joint and several guarantee of the Debt Securities to the extent provided in or pursuant to this Indenture. All things necessary to make this Indenture a valid agreement of the Partnership and any the Subsidiary Guarantors, in accordance with its terms, have been done.

Appears in 1 contract

Samples: Indenture (Western Gas Partners LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!