Common use of Limited Partner Interests Clause in Contracts

Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011) 79,714,307 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

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Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25April 13, 2011) 79,714,307 LP Units, including 11,762,623 80,354,501 LP Units owned by the Selling Unitholderand 6,915,725 Class B units; such LP Units and Class B units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units and Class B units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 2521, 20112013) 79,714,307 LP Units, including 11,762,623 90,371,061 LP Units owned by the Selling Unitholderand 7,974,750 Class B units; such LP Units and Class B units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units and Class B units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Buckeye Partners, L.P.

Limited Partner Interests. The limited partners of the Partnership hold LP Units common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011the date hereof) 79,714,307 LP Units, including 11,762,623 97,427,064 LP Units owned by the Selling Unitholderand 8,160,943 Class B units; such LP Units and Class B units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units and Class B units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25the date hereof), 2011) 79,714,307 119,237,887 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011the date hereof) 79,714,307 146,644,071 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25the date hereof), 2011) 79,714,307 116,247,887 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011the date hereof) 79,714,307 115,032,019 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

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Limited Partner Interests. The limited partners of the Partnership hold LP Units common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011the date hereof) 79,714,307 131,309,840 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011the date hereof) 79,714,307 131,309,840 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25, 2011the date hereof) 79,714,307 146,677,459 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold LP Units in the Partnership aggregating a 100% limited partner interest in the Partnership, represented by (as of January 25the date hereof), 2011) 79,714,307 106,407,019 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

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