Examples of Company Partnership Agreement in a sentence
As of the date of this Agreement, (i) 23,049,239 Common Units, (ii) 1,307,190 Class B Common Units, (iii) 10,029,619 Subordinated Units, (iv) the GP Interest, and (v) the Operating Partnerships GP Interests are issued and outstanding, all of which (a) are duly authorized, validly issued, fully paid and nonassessable, and (b) were issued in compliance with all applicable state and federal securities laws and the Company Partnership Agreement or the Operating Partnerships Agreements (as applicable).
The Company is not in default in any respect in the performance, observation or fulfillment of any provision of its Certificate of Limited Partnership or the Company Partnership Agreement.
On the Closing Date, the Buyer Subordinated Units will be free and clear of all Encumbrances except restrictions arising from applicable federal and state securities laws and the Company Partnership Agreement.
Upon payment of the Purchase Price, Buyer shall be the record and beneficial owner of the Buyer Subordinated Units, free and clear of all Encumbrances, except restrictions contemplated hereby or arising from applicable federal and state securities laws and the Company Partnership Agreement.
The Company has made available to Parent complete and correct copies of (a) the Company’s charter (the “Company Charter”) and the Company’s bylaws, as amended to date (the “Company Bylaws”), (b) the organizational documents of each Company Subsidiary, including the certificate of limited partnership of the Company Operating Partnership and the Company Partnership Agreement, each as in effect on the date hereof, and (c) any and all Company Tax Protection Agreements.