Examples of OLP Partnership Agreement in a sentence
The Operating Partnership has all requisite limited partnership power and authority to issue, sell and deliver the Notes, and the Partnership has all requisite limited partnership power and authority to issue and deliver the Guarantee, in accordance with and upon the terms and conditions set forth in this Agreement, the Partnership Agreement or the OLP Partnership Agreement, as the case may be, the Indenture, the Disclosure Package and the Final Prospectus.
The OLP GP is the sole general partner of the Operating Partnership with a 0.001% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the OLP Partnership Agreement; and the OLP GP owns such general partner interest free and clear of all Liens in respect of which a financing statement under the DE UCC naming the OLP GP as debtor is on file in the Filing Office as of the date set forth in the Search.
The MLP shall pay all expenses arising out of the contributions, assignments and deliveries to be made hereunder, including the expenses of amending the MLP Partnership Agreement and the OLP Partnership Agreement.
Amendment No. 5 to the MLP Partnership Agreement and Amendment No. 3 to the OLP Partnership Agreement shall have been duly executed and adopted and shall be in full force and effect.
The OLP GP is the sole general partner of the Operating Partnership with a 0.001% general partner interest in the Operating Partnership; such general partner interest has been duly authorized and validly issued in accordance with the OLP Partnership Agreement; and the OLP GP owns such general partner interest free and clear of all Liens in respect of which a financing statement under the DE UCC, naming the OLP GP as debtor is on file in the Filing Office as of the date set forth in the Search.
The Xxxxxx XX LLC Agreement, the Riverwalk Holdings LLC Agreement, the GP Partnership Agreement, the Partnership Agreement, the Valero OLP Partnership Agreement and the KPOP Partnership Agreement have been duly authorized, executed and delivered by the Company and the Valero MLP Parties thereto, as applicable.
For purposes only of giving effect to the indemnification set forth in the immediately preceding sentence, all of the terms and provisions of the National MLP Partnership Agreement and the National OLP Partnership Agreement are incorporated herein mutatis mutandis.
As a result of the contribution of cash in exchange for APIs, the holder of such APIs will become a non-voting limited partner of Genesis OLP with a capital account in Genesis OLP and the right to require Genesis OLP to redeem such APIs as provided in the Genesis OLP Partnership Agreement and as provided in Section 2.5. APIs will not be allocated any items of Genesis OLP income, gain, loss, deduction or credit, except as otherwise expressly provided in the Genesis OLP Partnership Agreement.
The Operating Partnership has the requisite limited partnership power and authority to issue, sell and deliver the Notes, and the Partnership has the requisite limited partnership power and authority to issue and deliver the Guarantee, in each case in accordance with and upon the terms and conditions set forth in this Agreement, the Partnership Agreement or the OLP Partnership Agreement, as the case may be, the Indenture, the Disclosure Package and the Final Prospectus.
The Operating Partnership has all requisite limited partnership power and authority to issue, sell and deliver the Notes, and the Partnership has all requisite power and authority to issue and deliver the Guarantee, in accordance with and upon the terms and conditions set forth in this Agreement, the Partnership Agreement or the OLP Partnership Agreement, as the case may be, the Indenture, the Disclosure Package and the Final Prospectus.