Duly Authorized and Validly Issued Units. The Units and the limited partner interests represented thereby 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 hereof, will be 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).
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Samples: Letter Agreement (Crestwood Midstream Partners LP), Underwriting Agreement (Inergy Midstream, L.P.)
Duly Authorized and Validly Issued Units. The Firm Units and the limited partner interests represented thereby 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 hereofthis Agreement, will be 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 or 17-804 of the Delaware LP Act).
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Samples: Underwriting Agreement (Cypress Energy Partners, L.P.), Cypress Energy Partners, L.P.
Duly Authorized and Validly Issued Units. The When issued pursuant to the terms of this Agreement, the Units and the limited partner interests represented thereby have been will be duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters Managers against payment therefor in accordance with the terms hereofof this Agreement, will be 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).
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