Valid Issuance of the Units. The Units and the limited partner interests represented thereby are duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-607 and 17-804 of the Delaware LP Act).
Appears in 5 contracts
Samples: Underwriting Agreement (El Paso Pipeline Partners, L.P.), Underwriting Agreement (El Paso Pipeline Partners, L.P.), Underwriting Agreement (El Paso Pipeline Partners, L.P.)
Valid Issuance of the Units. The Units to be issued pursuant to this Agreement and the limited partner interests represented thereby are have been duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms of this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-607 and 17-804 Section 41 of the Delaware LP ActXxxxxxxx Islands Limited Partnership Act and subject to the provisions of the Partnership Agreement).
Appears in 3 contracts
Samples: Teekay Offshore Partners L.P., Teekay Offshore Partners L.P., Teekay Offshore Partners L.P.
Valid Issuance of the Units. The Units and the limited partner interests represented thereby thereby, are duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-607 and 17-804 of the Delaware LP Act).
Appears in 2 contracts
Samples: Underwriting Agreement (El Paso Pipeline Partners, L.P.), El Paso Pipeline Partners, L.P.
Valid Issuance of the Units. The Units and the limited partner interests represented thereby are have been duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters Managers against payment therefor in accordance with this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).
Appears in 1 contract
Samples: Equity Distribution Agreement (Southcross Energy Partners, L.P.)
Valid Issuance of the Units. The Firm Units and the limited partner interests represented thereby are have been duly authorized in accordance with by the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms of this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable non-assessable (except as such nonassessability non-assessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).;
Appears in 1 contract
Samples: Underwriting Agreement (El Paso Pipeline Partners, L.P.)
Valid Issuance of the Units. The Units Units, and the limited partner interests represented thereby are thereby, will be duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act)) and will conform in all material respects to the description thereof contained in the Prospectus.
Appears in 1 contract
Valid Issuance of the Units. The Units and the limited partner interests represented thereby are thereby, will be duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters Purchaser against payment therefor in accordance with this Agreementthe terms hereof, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-607 303 and 17-804 607 of the Delaware LP Revised Uniform Limited Partnership Act).
Appears in 1 contract
Samples: Duncan Energy Partners L.P.
Valid Issuance of the Units. The Units Units, and the limited partner interests represented thereby are thereby, will be duly and validly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).
Appears in 1 contract
Samples: Equity Distribution Agreement (BreitBurn Energy Partners L.P.)
Valid Issuance of the Units. The Units and the limited partner interests represented thereby are have been duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with this Agreement, will be duly and validly issuedissued by the Partnership, and are fully paid (to the extent required under the Partnership Agreement) and nonassessable non-assessable (except as such nonassessability non-assessability may be affected by Sections Section 17-607 and 17-804 of the Delaware LP ActAct and as otherwise disclosed in the Prospectus).
Appears in 1 contract
Samples: Underwriting Agreement (Enterprise Products Partners L P)
Valid Issuance of the Units. The Units and the limited partner interests represented thereby are thereby, have been duly and validly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable non-assessable (except as such nonassessability may be affected by Sections 17-607 and 17-804 of the Delaware LP Act).
Appears in 1 contract
Valid Issuance of the Units. The Units and the limited partner interests represented thereby are have been duly authorized in accordance with the Partnership for issuance and sale pursuant to this Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms of this Agreement, will be duly and validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).
Appears in 1 contract