Common use of Title to Offered Units Clause in Contracts

Title to Offered Units. The Selling Unitholder has, and immediately prior to any Delivery Date on which the Selling Unitholder is selling Units, the Selling Unitholder will have, good and marketable title to the Units to be sold by the Selling Unitholder hereunder on such Delivery Date and any “security entitlement” within the meaning of Section 8-501 of the Uniform Commercial Code (the “UCC”) in respect thereof, free and clear of all Liens.

Appears in 3 contracts

Samples: Underwriting Agreement (EQT GP Holdings, LP), Underwriting Agreement (EQT GP Holdings, LP), Underwriting Agreement (EQT GP Holdings, LP)

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Title to Offered Units. The Selling Unitholder hasUnitholders have, and immediately prior to any Delivery Date on which the Selling Unitholder is Unitholders are selling Offered Units, the Selling Unitholder Unitholders will have, good and marketable valid title to the Units to be sold by the Selling Unitholder hereunder on such Delivery Date and any to, or a valid “security entitlement” within the meaning of Section 8-501 of the New York Uniform Commercial Code (the “UCC”) in respect thereofof, the Offered Units to be sold by the Selling Unitholders hereunder on such Delivery Date, free and clear of all Liensliens, encumbrances, equities or claims.

Appears in 3 contracts

Samples: Underwriting Agreement (Valero Gp Holdings LLC), Underwriting Agreement (Valero Gp Holdings LLC), Underwriting Agreement (Valero Gp Holdings LLC)

Title to Offered Units. The Selling Unitholder has, and immediately Immediately prior to any Delivery Date on which the Selling Unitholder is selling Units, the Selling Unitholder will have, have good and marketable title to the Units to be sold by the Selling Unitholder hereunder on such Delivery Date and any to, or a valid “security entitlement” within the meaning of Section 8-501 of the New York Uniform Commercial Code (the “UCC”) in respect thereofof, the Units to be sold by the Selling Unitholder hereunder on such Delivery Date, free and clear of all Liens.

Appears in 1 contract

Samples: Underwriting Agreement (Howard Midstream Partners, LP)

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Title to Offered Units. The Selling Unitholder hasUnitholders have, and immediately prior to any Delivery Date on which the Selling Unitholder is Unitholders are selling Offered Units, the Selling Unitholder Unitholders will have, good and marketable valid title to the Units to be sold by the Selling Unitholder hereunder on such Delivery Date and any “to, or a valid "security entitlement" within the meaning of Section 8-501 of the New York Uniform Commercial Code (the "UCC") in respect thereofof, the Offered Units to be sold by the Selling Unitholders hereunder on such Delivery Date, free and clear of all Liensliens, encumbrances, equities or claims.

Appears in 1 contract

Samples: Valero Gp Holdings LLC

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