Common use of Valid Issuance of the Units Clause in Contracts

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein on the Closing Date and each settlement date, will be validly issued and 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).

Appears in 6 contracts

Samples: Underwriting Agreement (EQT Midstream Partners, LP), Underwriting Agreement (EQT Midstream Partners, LP), Sunrise Expansion Precedent Agreement (EQT Midstream Partners, LP)

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Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this the Underwriting Agreement and, when issued and delivered by the Partnership pursuant to this the Underwriting Agreement against payment of the consideration set forth herein on the Closing Date and each settlement datetherein, will be validly issued and 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 17-804 of the Delaware LP Act).

Appears in 5 contracts

Samples: Sunrise Expansion Precedent Agreement (EQT Midstream Partners, LP), Sunrise Expansion Precedent Agreement (EQT Midstream Partners, LP), Underwriting Agreement (EQT Midstream Partners, LP)

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership and the limited partner interests represented thereby have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein on the Closing Date and each settlement dateherein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections matters described in Section 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 4 contracts

Samples: Underwriting Agreement (Exterran Partners, L.P.), Underwriting Agreement (Archrock Partners, L.P.), Underwriting Agreement (Exterran Partners, L.P.)

Valid Issuance of the Units. The Units to be purchased by the Underwriters Underwriter from the Partnership and the limited partner interests represented thereby have been duly authorized for issuance and sale to the Underwriters Underwriter pursuant to this the Underwriting Agreement and, when issued and delivered by the Partnership pursuant to this the Underwriting Agreement against payment of the consideration set forth herein on the Closing Date and each settlement datetherein, will be validly issued and 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 17-804 of the Delaware LP Act).

Appears in 4 contracts

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

Valid Issuance of the Units. The Units to be purchased issued and sold to the Underwriters by the Underwriters from Partnership pursuant to this Agreement and the Partnership limited partner interests represented thereby have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement the Underwriters against payment therefor in accordance with the terms of the consideration set forth herein on the Closing Date and each settlement datethis Agreement, will be validly issued and 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).

Appears in 4 contracts

Samples: Underwriting Agreement (DCP Midstream Partners, LP), Underwriting Agreement (DCP Midstream Partners, LP), Underwriting Agreement (DCP Midstream Partners, LP)

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Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership and the limited partner interests represented thereby have been duly authorized for issuance and sale to the Underwriters pursuant to this the Underwriting Agreement and, when issued and delivered by the Partnership pursuant to this the Underwriting Agreement against payment of the consideration set forth herein on the Closing Date and each settlement datetherein, will be validly issued and 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).

Appears in 3 contracts

Samples: Underwriting Agreement (Shell Midstream Partners, L.P.), BP Midstream Partners LP, BP Midstream Partners LP

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership hereunder have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein on the Closing Date and each settlement dateherein, will be validly issued and fully paid (to the extent required under the Amended and Restated Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 1 contract

Samples: Underwriting Agreement (Targa Resources Partners LP)

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein on the Closing Date and each settlement dateherein, will be validly issued and fully paid (to the extent required under the partnership agreement of the Partnership (the β€œPartnership Agreement”) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 1 contract

Samples: Pioneer Southwest Energy Partners L.P.

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