Common use of Ownership of the General Partner Interest in the Partnership Clause in Contracts

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns such GP Interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 11 contracts

Samples: Underwriting Agreement (Magellan Midstream Partners, L.P.), Underwriting Agreement (Magellan Midstream Partners, L.P.), Underwriting Agreement (Magellan Midstream Partners, L.P.)

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Ownership of the General Partner Interest in the Partnership. The At the time of purchase, after giving effect to the Transactions, the General Partner is will be the sole general partner of the Partnership and owns with a non-economic 2% general partner interest in the Partnership (the “GP Interest”); such GP Interest has been will be duly authorized and validly issued in accordance with the Fifth Amended and Restated Partnership Agreement of Limited Partnership the Partnership, as in effect at the time of the Partnership (as amended from time to time, the “Partnership Agreement”)purchase, and the General Partner owns will own such GP Interest general partner interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 4 contracts

Samples: Underwriting Agreement (Eagle Rock Energy Partners, L.P.), Underwriting Agreement (Eagle Rock Energy Partners, L.P.), Quicksilver Gas Services LP

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Partnership Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns such GP Interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 3 contracts

Samples: Underwriting Agreement (CrossAmerica Partners LP), Underwriting Agreement (Lehigh Gas Partners LP), Underwriting Agreement (Lehigh Gas Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns such GP Interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 3 contracts

Samples: Underwriting Agreement (Magellan Midstream Partners Lp), Underwriting Agreement (Magellan Midstream Partners Lp), Purchase Agreement (Magellan Midstream Partners Lp)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns with a non-economic 2.0% general partner interest in the Partnership prior to giving effect to the Offering (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), as in effect at the time of purchase, and the General Partner owns such GP Interest general partner interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (Encore Energy Partners LP), Underwriting Agreement (Encore Energy Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns with a non-economic 0.3% general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), as in effect at the Closing Date, and the General Partner owns such GP Interest general partner interest free and clear of all liens, encumbrances, security interests, equities, charges or claims (collectively, “Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus”).

Appears in 1 contract

Samples: Energy Transfer Equity, L.P.

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic general partner interest in the Partnership (the “GP Interest”); such . Such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns such GP Interest free and clear of all liens, encumbrances, security interests, charges or other claims (collectively, “Liens”), except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 1 contract

Samples: Magellan Midstream Partners Lp

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns with a 0.01% non-economic general partner interest in the Partnership prior to giving effect to the Offering (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), as in effect at the time of purchase, and the General Partner owns such GP Interest general partner interest free and clear of all Liens, Liens (except for any Liens restrictions on transferability as described in the Time of Sale Prospectus and the Pricing Prospectus.);

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye GP Holdings L.P.)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic 8,834 General Partner Units (as defined in the Partnership Agreement) representing an approximate 0.01% general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly and validly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns such GP Interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Magellan Midstream Holdings Lp)

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Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns Partnership, with a non-economic 0.1% general partner interest in the Partnership (the “GP Interest”); such GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns is the record holder of such GP Interest general partner interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 1 contract

Samples: Equity Distribution Agreement (NGL Energy Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic the General Partner’s 2.0% general partner interest interest, as represented by 506,000 notional general partner units in the Partnership (the “GP Interest”); such GP Interest has been is duly authorized and validly issued in accordance with the Fifth Amended and Restated Partnership Agreement of Limited Partnership of the Partnership (as amended from time to time, the “Partnership Agreement”), and the General Partner owns such GP Interest and free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Rhino Resource Partners LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns Partnership, with a non-economic 2.0% general partner interest in the Partnership (the “GP Interest”); such the GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement agreement of Limited Partnership limited partnership of the Partnership (as amended from time to timesuch agreement, together with any amendments and/or restatements thereof, the “Partnership Agreement”), ; and the General Partner owns such the GP Interest free and clear of all Liens, except for any Liens restrictions on transferability contained in the Partnership Agreement or as described in the Time of Sale Prospectus Registration Statement, the Disclosure Package and the Prospectus, if any.

Appears in 1 contract

Samples: Equity Distribution Agreement (Summit Midstream Partners, LP)

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns a non-economic with an approximate 0.3% general partner interest in the Partnership (the “GP Interest”); such the GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership partnership agreement of the Partnership (Partnership, as amended from time to time, in effect at the “Partnership Agreement”)Closing Date, and the General Partner owns such GP Interest general partner interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 1 contract

Samples: Energy Transfer Equity, L.P.

Ownership of the General Partner Interest in the Partnership. The General Partner is the sole general partner of the Partnership and owns at the time of purchase, immediately after the issuance of the Firm Units, will have a non-economic 1.7% general partner interest in the Partnership (the “GP Interest”)) represented by 469,944 General Partner Units; such the GP Interest has been duly authorized and validly issued in accordance with the Fifth Amended and Restated Agreement of Limited Partnership partnership agreement of the Partnership (as amended from time to time, the “Partnership Agreement”), ; and the General Partner owns such GP Interest free and clear of all Liens, except for any Liens described in the Time of Sale Prospectus and the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Quicksilver Gas Services LP)

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