Common use of The General Partner Clause in Contracts

The General Partner. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership and owns all the Incentive Distribution Rights; such general partner interest and Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest and Incentive Distribution Rights free and clear of all Liens (except for restrictions on transferability as described in the Prospectus or set forth in the Partnership Agreement) except Liens pursuant to the ATLS Credit Agreements.

Appears in 3 contracts

Samples: Underwriting Agreement (Atlas Resource Partners, L.P.), Underwriting Agreement (Atlas Resource Partners, L.P.), Underwriting Agreement (Atlas Resource Partners, L.P.)

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The General Partner. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership and owns all the Incentive Distribution Rights; such general partner interest and Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest and Incentive Distribution Rights free and clear of all Liens (except for restrictions on transferability as described in the Prospectus or set forth in the Partnership Agreement) except Liens pursuant to the ATLS Credit AgreementsAgreement.

Appears in 2 contracts

Samples: Underwriting Agreement (Atlas Resource Partners, L.P.), Underwriting Agreement (Atlas Resource Partners, L.P.)

The General Partner. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership and owns all the Incentive Distribution Rights; such general partner interest and Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest and Incentive Distribution Rights free and clear of all Liens (except for restrictions on transferability as described in the Prospectus or set forth in the Partnership Agreement) except Liens liens pursuant to the ATLS Credit Agreements.

Appears in 1 contract

Samples: Distribution Agreement (Atlas Resource Partners, L.P.)

The General Partner. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership and owns all the Incentive Distribution Rights; such general partner interest and Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest and Incentive Distribution Rights free and clear of all Liens (except for restrictions on transferability as described in the Prospectus or set forth in the Partnership Agreement) except Liens liens pursuant to the ATLS Credit AgreementsAgreement.

Appears in 1 contract

Samples: Distribution Agreement (Atlas Resource Partners, L.P.)

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The General Partner. The General Partner is the sole general partner of the Partnership with a 2% general partner interest in the Partnership and owns all the Incentive Distribution Rights; such general partner interest and Incentive Distribution Rights have been duly authorized and validly issued in accordance with the Partnership Agreement; and the General Partner owns such general partner interest and Incentive Distribution Rights free and clear of all Liens (except for restrictions on transferability as described in the Prospectus or set forth in the Partnership Agreement) except Liens pursuant to the ATLS Existing Credit AgreementsAgreements (as defined below).

Appears in 1 contract

Samples: Underwriting Agreement (Atlas Resource Partners, L.P.)

The General Partner. The General Partner is is, and at the Closing Date, will be, the sole general partner of the Partnership Partnership, with a 2% non-economic general partner interest in the Partnership and owns all the Incentive Distribution RightsPartnership; such general partner interest and Incentive Distribution Rights have has been duly authorized and validly issued in accordance with the Partnership AgreementAgreement and the General Partner has no obligation to make further payments for the purchase of such general partner interest; and the General Partner owns such general partner interest and Incentive Distribution Rights free and clear of all Liens (Liens, except for restrictions on transferability contained in the Partnership Agreement and as described in the Prospectus or set forth in General Disclosure Package and the Partnership Agreement) except Liens pursuant to the ATLS Credit AgreementsFinal Offering Memorandum, if any.

Appears in 1 contract

Samples: Purchase Agreement (Viper Energy Partners LP)

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