Common use of Valid Issuance of Units; No Options or Preemptive Rights of Units Clause in Contracts

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized and, when issued and delivered to and paid for by the Underwriters pursuant to this Agreement, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, on the New York Stock Exchange; the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized authorized, and, when issued and delivered to and paid for by the Underwriters pursuant to this Agreement, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, on the New York Stock Exchange; the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized and, when issued and delivered to and paid for by the Underwriters pursuant to this Agreement, will be are validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, trading on the New York Stock Exchange; the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized and, when issued and delivered to and paid for by the Underwriters Underwriter pursuant to this Agreement, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, on the New York Stock Exchange; the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized authorized, and, when issued and delivered to and paid for by the Underwriters Underwriter pursuant to this Agreement, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, on the New York Stock Exchange; and the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized authorized, and, when issued and delivered to and paid for by the Underwriters Underwriter pursuant to this Agreement, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, on the New York Stock Exchange; the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.

Valid Issuance of Units; No Options or Preemptive Rights of Units. The authorized partnership interests of the Partnership, including the Units, and the limited partner interests represented thereby, conform in all material respects to the description thereof contained in the Pricing Disclosure Package; the Units, and the limited partner interests represented thereby, have been duly authorized and, when issued and delivered to and paid for by the Underwriters pursuant to this AgreementInvestors in accordance with the Transaction Documents, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA); the Units are duly listed, and admitted and authorized for trading, subject to official notice of issuance, on the New York Stock Exchange; the holders of outstanding LP Units of the Partnership are not entitled to statutory, preemptive or other similar contractual rights to subscribe for the Units; and, except as set forth in the Pricing Disclosure Package, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, partnership securities or ownership interests in the Partnership are outstanding.